Illinois Legislature passes bill recognizing nuclear’s clean air, economic value
The Illinois Legislature passed the Future Energy Jobs Bill last week which will ensure continued operation of the Quad Cities and Clinton nuclear power plants.
The Future Energy Jobs Bill strengthens and expands the state of Illinois’s renewable portfolio standards and significantly expands energy efficiency programs throughout the state. The bill also plans recognizes the value of using nuclear energy to meet the state’s clean energy goals by introducing a zero emission standard.
The Nuclear Energy Institute (NEI) and Exelon Corp., which operates the Quad Cities and Clinton plants, view this passage as a tremendous move for the state as well as the nuclear industry on the whole.
“This is a remarkable moment for the people of Illinois and for thousands of nuclear energy industry employees,” Maria Korsnick, NEI’s chief operating officer, said. “Gov. Bruce Rauner and members of the Illinois General Assembly deserve immense credit for recognizing the unique value of the state’s nuclear power plants and their important role in its critical infrastructure.”
The bill includes a provision to preserve and create jobs, spur investment in clean energy and energy efficiency across the state, and secure competitive electric rates for ratepayers in Illinois. The Quad Cities and Clinton plants provide about 23 percent of Illinois’ emission-free electricity, preserving more than $1.2 billion in annual economic activity within the state.
“Today marks a significant victory for the state of Illinois, the families and businesses that live and work here, and the health of our environment,” Chris Crane, president and CEO of Exelon, said. “We encourage the governor to swiftly sign the legislation into law.”
The legislation is on its way to Gov. Bruce Rauner, who has indicated plans to sign.
