Current:Home > MarketsPritzker signs law lifting moratorium on nuclear reactors -FinanceMind
Pritzker signs law lifting moratorium on nuclear reactors
Indexbit View
Date:2025-04-08 07:16:42
SPRINGFIELD, Ill. (AP) — Gov. J.B. Pritzker signed legislation Friday lifting a three-decade moratorium on development of nuclear reactors in the state.
Smaller nuclear reactors — those producing less than 300 megawatts of power — will be allowed beginning January 2026. Morris Republican Sen. Sue Rezin, the proposal’s sponsor, argued that nuclear power is a critical part of the state’s renewable energy portfolio.
“Illinois has a long, successful and safe history of nuclear energy generation,” Rezin said in a statement after the Democratic governor’s action, which she said “will ensure that our state can remain a leader in the energy sector by offering us the ability to utilize the amazing advancements in new nuclear energy technology.”
Rezin and the measure’s House sponsor, Democratic Rep. Lance Yednock of Ottawa, are counting on the future success of so-called small, modular reactors that power a single large manufacturing plant, for example.
But the day the plan won Senate approval in November, a first-of-its-kind small project by Oregon-based NuScale was canceled after 10 years of development because of faltering confidence by potential subscribers for its power. Rezin said at the time that ongoing research and development would find and fix weaknesses in such proposals.
The Illinois proposal is largely the same as one that earned overwhelming legislative approval but was vetoed by Pritzker last spring. It adds a study on the risks of new nuclear technology and puts a state agency in charge of oversight, issues missing from the original plan.
Environmentalists argue that wind and solar power are sufficient to replace the burning of fossil fuels. But supporters of the law point out that the state’s plan for closing coal-fired power plants by 2045 relies in part on state subsidies to keep two unprofitable nuclear plants in operation to meet energy needs.
veryGood! (49855)
Related
- Intel's stock did something it hasn't done since 2022
- Deputies fatally shot a double-murder suspect who was holding a chrome shower head
- Richard Lewis remembered in 'Curb Your Enthusiasm' tribute, appears in scene with Larry David
- Who gets an Oscar invitation? Why even A-listers have to battle for the exclusive ticket
- Intel's stock did something it hasn't done since 2022
- Hurricane season forecast is already looking grim: Here's why hot oceans, La Niña matter
- Jonathan Majors, Meagan Good make red carpet debut a month before his assault sentencing
- Masked gunmen kill 4, wound 3 at outdoor party in central California, police say
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Teenager dead, 4 other people wounded in shooting at Philadelphia bus stop, police say
Ranking
- Travis Hunter, the 2
- Falls off US-Mexico border wall in San Diego injure 11 in one day, 10 are hospitalized
- New Hampshire man who triggered Amber Alert held without bail in death of his children’s mother
- 'Dune: Part Two' rides great reviews, starry young cast to $81.5 million debut
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- New Hampshire man who triggered Amber Alert held without bail in death of his children’s mother
- Gun control advocates urge Utah governor to veto bill funding firearms training for teachers
- The Best Leakproof Period Underwear That Actually Work, Plus Styles I Swear By
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
TLC’s Chilli Is a Grandma After Son Tron Welcomes Baby With His Wife Jeong
'Dune: Part Two' rides great reviews, starry young cast to $81.5 million debut
La comunidad hispana reacciona al debate sobre inmigración tras el asesinato de una estudiante
Why members of two of EPA's influential science advisory committees were let go
How much snow fell in Northern California and the Sierra Nevada? Snowfall over 7 feet
Brothers Travis and Jason Kelce honored with bobblehead giveaway at Cavs-Celtics game
Just How Much Money Do CO2 Pipeline Companies Stand to Make From the Inflation Reduction Act?