Exelon Says It’ll Shut Nuclear Plants Absent ‘Quick’ Action (2)

Exelon Corp. said it will close two Illinois nuclear power facilities this year if state lawmakers don’t approve subsidies soon to keep the plants open.

“Absent quick passage of legislation, Exelon has no choice but to proceed with retiring Byron in September and Dresden in November, as previously announced,” a company statement said.

The Illinois Senate met Tuesday to pass an energy bill expected to include $694 million in subsidies to keep three Exelon nuclear power stations operating. But legislative language was never finalized, and a bill wasn’t voted on, because of disputes between organized labor and environmental groups over ...