Monday, 09 December, 2019

Three Mile Island Nuclear Plant Faces Premature Retirement

Three Mile Island Nuclear Plant Faces Premature Retirement Three Mile Island Nuclear Plant Faces Premature Retirement
Debra Rodriguez | 04 June, 2017, 05:20

"Three Mile Island is known internationally for seeing the worst nuclear power disaster in the United States, a partial core meltdown at one reactor in 1979 that empowered the anti-nuclear movement and led to significant new regulations on the industry".

The company that owns the Three Mile Island nuclear plant, site of the worst nuclear disaster in USA history, announced that it plans to shutter the facility in 2019 unless the state of Pennsylvania steps in to keep it open.

Crane cited Pennsylvania's refusal to include nuclear power in the state's Alternative Energy Portfolio Standard, which requires a certain proportion of electricity to come from renewable energy resources like wind, hydro and solar energy.

An Exelon spokesman said that announcement was made not to build pressure on lawmakers but rather to continue to be open and transparent with the plant's 675 employees whose jobs are in jeopardy and others about the economic challenges it faces that have been brought on by the low price of natural gas. The company cited NY and IL as "two states who have enacted innovative policies that fairly compensate nuclear and renewable energy for their environmental attributes". According to Exelon, the plant hadn't been profitable for almost five years.

But nuclear and coal-fired power plants just can't compete with natural gas or renewable sources of energy.

"Investors want them to close the plant", Pourreza said.

Low natural gas prices from abundant shale formations like Pennsylvania's Marcellus have kept power prices low for years, making it hard for nuclear reactors to compete with lower cost gas-fired generators in deregulated power markets in the U.S. Northeast and Midwest.

In December, Illinois approved $235 million a year for Exelon to prop up nuclear plants in the Quad Cities and Clinton, six months after the company threatened to shut them down.

Griezmann tells Atletico he wants to leave
Griezmann, though, took to social media on Friday evening to reject those stories while admitting his future was uncertain. Atletico Madrid president Enrique Cerezo hinted star forward Antoine Griezmann would remain at the LaLiga club next season.

"A bailout of the nuclear industry may temporarily extend the lifespan of TMI for a few years, but the negative effect of higher energy costs as a result of a bailout would have a major impact on all energy users", the coalition, called Citizens Against Nuclear Bailouts, said in a statement.

Even though nuclear energy is the most reliable source of carbon-free electricity generation, it has not received the same federal and state subsidies.

The date for closure is set for September 30, 2019, more than 40 years after a nuclear meltdown at Three Mile Island, potentially leaving almost workers without a job.

The move comes a week after the plant and another Exelon nuke failed to clear the PJM capacity market auction for the 2020-2021 delivery year. The company was able to win similar concessions previous year in IL, where lawmakers voted to allow Exelon to collect as much as $235 million annually from customers to keep two nuclear power plants open.

Pennsylvania is the nation's No. 2 nuclear power state, after IL. Either that, or the state could pass a ZEC program like NY or IL.

Three Mile Island, so-named for the island on Pennsylvania's Susquehanna River where it's located, suffered a partial meltdown March 28, 1979.

Bloomberg and The Associated Press contributed to this report.

Recommended

  • During her NBC debut, Megyn Kelly unintentionally snubbed

    During her NBC debut, Megyn Kelly unintentionally snubbed "Today" host Hoda Kotb

    A show she previewed this week by telling viewers the "five things" she wanted them to know. Maybe so, but 60 Minutes isn't sitting by and letting NBC execs grab their viewers.
    LG's Payment Platform LG Pay Debuts in South Korea

    LG's Payment Platform LG Pay Debuts in South Korea

    Called LG Pay , it is only available in South Korea for now and is making its way to G6 devices via a software update. The primary focus of the service - like rival offerings from Apple , Samsung and Google - is offline point-of-sale.

    Comey set to testify June 8 on Russia

    The Russian government has flatly denied the claim , which the FBI, CIA and NSA endorsed in January. Putin's comments during a June 1 meeting with senior editors of worldwide news agencies in St.
  • Bill Maher's use of racial slur on HBO show draws criticism

    Bill Maher's use of racial slur on HBO show draws criticism

    Bill Maher used the N-word on Friday night's episode of " Real Time ", drawing outrage on social media. Maher quickly asserted, "It's a joke". "I'm a 1st Amendment absolutionist.
    Canada manufacturing growth cools modestly in May

    Canada manufacturing growth cools modestly in May

    The ISM manufacturing activity index recorded an unexpected rise to 54.90 in May, compared to a level of 54.80 in April. Spending in the first four months of 2017 was up 5.8% from the previous year.
    Hot Weekend Weather on the Way

    Hot Weekend Weather on the Way

    The weather should be mostly dry during the morning hours with rain and thunderstorms developing during the afternoon/evening. So if you are thinking of trying to plan outdoor activities this weekend, Saturday looks to be the day to set them up.
  • Juventus 1/1 to win against Real Madrid in Saturday's Champions League final

    Juventus 1/1 to win against Real Madrid in Saturday's Champions League final

    Last year, he scored in regulation and converted a penalty kick in the shootout won by Madrid, also against Atletico. Gonzalo Higuain scored two goals in the first leg, as many as in his 24 previous Champions League knockout games.
    O'Neill feels Mexico defeat was 'excellent preparation' for Ireland

    O'Neill feels Mexico defeat was 'excellent preparation' for Ireland

    Mexico ended their preparation ahead of their World Cup Qualifiers against Honduras and the United States by defeating the Republic of Ireland 3-1 on Thursday.
    J&K: 2 militants killed in encounter with security forces

    J&K: 2 militants killed in encounter with security forces

    Aijaz along with his associate Basharat Ahmed Shiekh were kiiled in a gunfight at Nathipora area in Sopore outskirts on Thursday morning.
  • Donald Trump delays moving US embassy to Jerusalem

    Every president since 1995 has signed the waiver leaving the embassy in Tel Aviv, as stipulated in the Jerusalem Embassy Act . At the same time , a lasting peace deal with the Palestinians remains a fantasy of American presidents and diplomats.

    Lions will 'struggle' against All Blacks, says Eddie Jones

    That's one of the things that will bring you together. there's been a fair amount of it, to be fair, and I hope it will be good". The crucial thing, however, is drawing the correct lessons from a defeat. "I would like a 3-0, but maybe 2-1 to New Zealand ".

    Nintendo Details Switch Online Service, Plans to Launch in 2018

    The app can be used to chat with your other Switch-owning friends, invite them to play a game online, and set "play appointments". Subscribers will get to download a compilation of classic titles with added online play, such as Super Mario Bros.

Sabzar Ahmad Bhat's encounter: Curfew in valley, all under control The Adviser urged the worldwide community to call upon India to immediately stop the "ruthless killing of defenceless Kashmiris". Kashmiri resistance leader Yasin Malik , chairman of the Jammu and Kashmir Liberation Front, visited the family on Saturday.

GST Council may reconsider steep levy on hybrid cars next week GST Council may reconsider steep levy on hybrid cars next week Ministry of Finance has clarified that under GST, entertainment will attract lower rate of tax than the present rate. The GST Council has decided on product-wise tax rates for GST, which would be implemented nationwide from July 1.

Nevada Republicans split on handling of massive budget hole Nevada Republicans split on handling of massive budget hole Across the pond, the Esports Integrity Coalition (ESIC) has signed a Memorandum of Understanding with the UK Gambling Commission. While there is no exact mention of esports in the amendment, it does fall under the new wording.

Police dashboard video shows disoriented Woods Police dashboard video shows disoriented Woods Jason Day, who grew up idolizing Woods and often consults him on golf matters, said he sent Woods a text and has not heard back. Before they start, Woods puts his right foot on the hood of the officer's auto , and spends some time tying his shoe.

Challenge that wasn't: EC closes EVM matter Challenge that wasn't: EC closes EVM matter The poll panel had invited seven national and 49 state parties recognised by it for the challenge. A detailed demonstration of the entire process was given to them by our technical team.

Southern rock music pioneer Gregg Allman dies Southern rock music pioneer Gregg Allman dies He blamed cancer for Allman's death . " Gregg struggled with many health issues over the past several years", the statement added. Allman's music career record is mainly based on Allman Brothers Band that produced hits such as Ramblin' Man and Midnight Rider .

Ronaldo back to break new ground at Champions League final Ronaldo back to break new ground at Champions League final Juventus is known for its sturdy defense, but it will be supported by a formidable attacking unit led by Paulo Dybala . The match will be played under a roof for the first time because of fears of a drone attack.

Kylie Jenner Shares Sexy Lingerie Photo From Bed Kylie Jenner Shares Sexy Lingerie Photo From Bed In early May, Kylie joined Scott at the Rolling Loud Festival in Florida, where the rapper hit the stage for the music event. Now, her new obsession with the butterfly emoji is linked to her blossoming romance with the rapper Travis Scott .

White House says Trump, Merkel 'get along very well' White House says Trump, Merkel 'get along very well' She recalled that the clause had only been triggered once, after the 9/11 attacks against the United States. Spicer asserted that Trump views not just Germany, but the rest of Europe, as an important American allies.

Wall Street closes with new records despite jobs report Wall Street closes with new records despite jobs report Both April and March figures were reduced: April's was cut to 174,000 from 211,000, while March was revised to 50,000 from 79,000. Plus, Lululemon stock swings higher; the Apple supplier headed to new highs; and the retail stock slumping to new lows.

US State Department summons Turkish Ambassador US State Department summons Turkish Ambassador The aide said two members of Erdogan's security detail were detained on the scene Tuesday by diplomatic security agents. Kheirabadi said he is a Kurd who passed through Turkey as a refugee and is now a US citizen.

Guentzel shines again as Pens surge to Game Two win His goal 10 seconds into the third period went down as the game victor , which gives him five during this playoff run. Guentzel scored on a rebound 10 seconds into the third off the pad of Predators goaltender Pekka Rinne.

Kelly Barnhill allows three hits as Florida shuts out Texas A&M Kelly Barnhill allows three hits as Florida shuts out Texas A&M This being the first trip to the WCWS for everyone on the Washington roster, playing OR may actually be a blessing. I know we're somewhat known here with some tradition in our program, but it's really tough to get here.

German-Asian ties no snub to US: Angela Merkel The era in which we could fully rely on others is over to some extent. Merkel, among other European leaders, was sharply critical of U.S.

LeBron James unveils his plans to eventually own an National Basketball Association team Then, the Nerdlucks possessed James Harden's talent, and Houston choked horrifically, losing Game 6 by 39 points at home. James, Irving, and Love helped Cleveland turn around their fortunes to become one of the best teams in the East again.