Due to the passage of the Illinois State Clean Energy Bill, two nuclear power plants facing retirement this month have been reversed. The Byron and Dresden Nuclear plants, run by Exelon Energy, were facing retirement due to operating losses from competing with lower-priced fossil-fuel electric generation…
After 58 years of operation on the Hudson Bay, the New York Indian Point Nuclear Plant shut down operations at its last unit yesterday. While many are applauding the shutdown of Indian Point, there are big troubles brewing due to the closure of the nuclear facility. One major issue that is not considered…
As the public and investors continue to be focused on the economy and stock markets, the global energy industry is disintegrating right before their eyes, but no one seems to notice. Actually, I was quite shocked by the initial research I have been doing on what I label as the “Gutting…