Illinois Senate close to providing lifeline to 3 nuclear power plants

Investing.com | Sep 13, 2021 at 9:47 PM
  • The Illinois Senate is expected to vote on a wide-ranging energy bill on Monday that contains incentives to prevent Exelon Corp (NASDAQ:EXC) from shutting three nuclear power plants just hours before the company threatened to close the first one.
  • It requires the closure of private coal-fired plants by 2030.
  • Municipal coal plants are required to cut carbon emissions 45% by 2035 and reduce emissions to zero or close by 2045.