Louisville, Kentucky (Platts)--29May2015/526 pm EDT/2126 GMT
Time is running out for Exelon to craft an economic solution for three Illinois nuclear plants -- Byron and Clinton are the others, totaling about 5,000 MW of generation -- Crane said in comments webcast Thursday from the Sanford Bernstein Strategic Decisions Conference in New York.
The Chicago-based company had hoped the Illinois General Assembly would pass Exelon-backed legislation creating a low-carbon portfolio standard to provide the nuclear plants with an estimated $300 million/year in economic support before its 2015 regular session adjourns late next week.
That appears unlikely, although lawmakers still could consider the legislation during a two-week fall veto session in November.
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