The state’s gigantic new energy law will change the source of Illinois’ power. The package aims to move Illinois to carbon-free energy by 2045, but it also serves to tip the scales in terms of who makes up the transforming energy industry.
Energy
A massive energy bill became law this week and among other things, it aims to get Illinois carbon-free by 2045. Meanwhile, Illinois COVID vaccination rates slow as the delta variant surges. And the legislature’s veto session is coming up in a month.
Gov. J.B. Pritzker on Wednesday signed into law a pledge to eliminate the state’s climate-damaging carbon emissions within a quarter-century, including money to keep clean-power nuclear plants running while shuttering coal-fired plants.
An ambitious – and controversial – energy package that aims to move Illinois to 100% clean energy within the next several decades is on the path to becoming law.
The Illinois House is reconvening Thursday for what lawmakers hope will be the penultimate chapter of yearslong energy negotiations. And now it’s truly down to the wire for a far-reaching omnibus package.
Power out, high voltage lines on the ground, weeks until electricity is restored in some places: The dismal state of power in Hurricane Ida’s wake is a distressingly familiar scenario for Entergy Corp., Louisiana’s largest electrical utility.
Legislators have been working toward a measure that would keep two Illinois nuclear plants open. Despite a rash of talks during Tuesday’s special session, there is still no concrete path — and less than two weeks remain until Exelon says it will close the plants.
Illinois legislators may be back in Springfield soon for a second extra session. Their sole goal: to strike a deal on a massive energy package. The result will impact everything from Illinois’ role in climate change to your energy bill. But the stakes are particularly high in one Illinois town.
Exelon strikes a $885 million deal with a French utility giant, but will it cost the energy company more than what it paid? Crain’s Chicago Business reporter A.D. Quig has details on that story and more.
With possibly just a few weeks left before Exelon shutters a nuclear reactor in Byron, feuding and politically powerful interests have failed to reach a deal that would keep the plant open and otherwise move Illinois toward its renewable energy goals.
Lawmakers couldn’t clinch a deal on a comprehensive energy package before their regular session ended in May, but were called back to Springfield on Tuesday to try again. Instead, the Senate adjourned once again without taking action.
A bill heading to Gov. J.B. Pritzker’s desk would provide funding for a proposed natural gas pipeline in a village outside Kankakee. Supporters say the pipeline could provide economic growth for the area, but others are concerned about the plan’s environmental impact.
Calgary-based TC Energy said it would work with government agencies “to ensure a safe termination of and exit from” the partially built line, which was to transport crude from the oil sand fields of western Canada to Steele City, Nebraska.
A deal on Gov. Pritzker’s big push to make Illinois a green-powered state has reportedly been close for weeks. But the bill stalled in the Illinois Senate earlier this week.
Illinois Democrats used their supermajorities in the General Assembly to full advantage this weekend as their spring session reeled toward an end, pushing through a progressive agenda, a $42 billion budget with no tax or fee hikes on individuals, and legislative maps.