Exelon invests in long-term operation of nuclear power plant
US Exelon announced that after the Illinois General Assembly passed sweeping clean energy legislation to preserve its nuclear power plants, the company “is moving quickly to fill 650 vacancies across the state and launch more than $ 300 million in investment projects over the next five years at its Illinois nuclear power plants to continue its legacy of safety and reliability ”.
Dave Rhoades, Chief Nuclear Officer of Exelon Generation, said: “With this historic legislation in place, we are rapidly moving to outfit and resupply all of our nuclear power plants for 24/7 operation.” He added, “These factories are not only important for the clean energy they produce, but they are huge economic engines for their local communities, contributing more than $ 1.6 billion to the country’s GDP each year. ‘Illinois.
Byron nuclear power plant began supplying Unit 1 after Governor JB Pritzker signed clean energy legislation. While the provision of nuclear support represents less than 20% of the cost of overall legislation in the coming years, it has a disproportionate impact on the state’s climate and economic goals, noted Exelon. Saving factories preserves two-thirds of the state’s clean energy, prevents a 70% increase in emissions, protects 28,000 direct and indirect jobs, and prevents a $ 480 million increase in annual energy prices for consumers.
Byron Station now plans to invest more than $ 140 million in the plant over the next five years in projects to overhaul a main generator, replace large transformers, upgrade a fiber optic control and replacement of various pumps, motors and piping in the plant. Most of the projects will take place during fuel blackouts starting next year and will include more than 1,500 electricians, pipe fitters, welders, carpenters and other tradespeople coming from across Illinois to do the work.
The Dresden 2’s refueling shutdown will take place in November, and the station has nearly $ 170 million in capital projects planned over the next five years, including upgrades to six heat exchange vessels. water supply, major renovation of a main generator, overhaul of electrical components, replacement of closed cooling pipes and revamping of components of the nuclear instrumentation circuit. As with Byron, work on these projects will be carried out during supply outages by union staff.
Byron and Dresden will also soon begin the first of several new training courses for dozens of licensed operators who will become the next generation of employees operating the factories and helping to keep our state’s air clean.
The Exelon nuclear fleet in Illinois produces more than 50% of the state’s electricity and nearly 90% of its energy without carbon. The fleet includes the Braidwood Power Plant in County Will, the Byron Power Plant in Ogle County, the Clinton Power Plant in DeWitt County, the Dresden Power Plant in Grundy County, the LaSalle County Power Plant and the Quad Cities Power Plant in Rock Island County.
Photo: Exelon will invest £ 140million in upgrading the Byron nuclear power plant over the next five years (Photo credit: Exelon)