U.S. Nuclear Power May Not Have A Role In Energy Transition After All

Exelon plans to shut down two Illinois nuclear power plants that it previously sought to keep afloat with state subsidies—and the reasons behind the shutdown raises questions as to the competitiveness of the nuclear industry as a whole. The parent company of Commonwealth Edison, which last year agreed to pay $200 million to settle bribery charges, had filed documents for the shutdown of the two nuclear power plants with federal regulators, it said in a statement. “The filings are among the final steps in retiring the plants, which face…