Prematurely closing coal-fired power plants will increase energy prices,
lawmakers warn
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[June 05, 2021]
By Greg Bishop
(The Center Square) – A bipartisan group of
state lawmakers warns that handing over a near-monopoly to nuclear power
by forcing the closure of nonprofit coal-fired power plants will mean
higher energy costs in downstate Illinois.
Gov. J.B. Pritzker says coal plants need to close for environmental
reasons.
Backed by labor and municipal leaders, state Sen. Doris Turner,
D-Springfield, said nonprofit coal-fired power plants like
Springfield-owned City Water Light and Power aren’t asking for handouts.
They just want more time than the governor’s 2035 deadline to close down
coal power.
“Our communities need a little more runway to ensure the transition to
cleaner energy goes smoothly and does not cause major spikes in taxes
and electric bills,” Turner said.
Labor leaders say clean energy jobs won’t match the careers in
coal-fired power plants.
State Rep. Tim Butler, R-Springfield, said what’s happening isn’t fair.
“How just is it to lose all these jobs at CWLP?” Butler asked. “How just
is it to close down a coal mine and lose 200-plus jobs there. How just
is it for our rural citizens who rely on co-ops to have their rates go
up dramatically because these close. That’s not just.”
It’s expected Illinois state lawmakers could return to the capitol in
the weeks ahead to take up an energy proposal the governor says is being
put in bill form.
Pritzker has said in the past week an energy deal at the statehouse to
focus on renewable energy would keep nuclear plants open, some of which
have threatened to close later this year because of hundreds of millions
in revenue losses.
Attorney Stephan Blandin with Romanucci & Blandin, LLC, is suing ComEd
over the bribery scandal the utility admitted to in federal court
documents. That scandal thus far has led to three former ComEd officials
being charged in the case. One has pleaded guilty. The ongoing federal
investigation has also implicated former House Speaker Michael Madigan.
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State Sen. Doris Turner, D-Springfield, state Rep. Tim Butler,
R-Springfield, state Rep. Mike Murphy, R-Springfield, Friday in
Springfield. Separately, on Thursday attorney Stephan Blandin with
Romanucci & Blandin, LLC discusses his thoughts on energy
negotiations.
Madigan has not been charged with a crime and maintains he’s done
nothing wrong and knew of no attempted influence.
Blandin urged the governor not to buy what ComEd’s parent company Exelon
is selling in an expected energy deal.
“What’s taking place right now in Springfield is an attempt on behalf of
Exelon, the parent company, in a shakedown of the state legislature to
extort additional funds,” Blandin said.
Blandin claims Exelon is selling energy to a different subsidiary,
Constellation Energy, which is selling it back to Exelon.
“They are not losing money, they are making 200% of the money they are
reporting to Springfield,” Blandin said.
A spokesperson for Exelon said Blandin's claims "are without merit and
show a complete lack of understanding how our business is structured and
how wholesale and retail energy markets work."
"The Illinois Power Agency oversees purchases of electricity for ComEd
customers through a competitive process in which all generators
participate," said Exelon spokesman Paul Adams. "The IPA selects the
lowest bidders to serve that load based on prevailing market rates.”
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