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Illinois lawmakers failed to pass an incentive package this week to save both the Cordova plant and Exelon’s facility in Clinton, Illinois. Exelon responded Thursday with the announcement that it plans to close the two plants.

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This will only place upward price pressure on power in Illinois as well as leave the market more susceptible to oil price fluctuations. We will probably be wishing the legislature allowed them to raise prices now to have a more stable supply in future years. I suspect we will be paying that difference and more anyway a few years after these go offline.


Losing a $100M a year means you are already paying for it.