Exelon’s Most Infamous Nuclear Power Plant Is Stuck in Limbo
- Exelon considering ways to stem losses at Three Mile Island
- Plant was site of worst accident in U.S. nuclear power history
Decommissioned cooling towers sit behind power lines at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, on March 18, 2011.
Photographer: Andrew Harrer/BloombergAs Exelon Corp. shutters some of its nuclear reactors and keeps others running amid competition from cheap natural gas, its most notorious plant remains in limbo: Three Mile Island.
Exelon is considering steps that might stem losses at the Pennsylvania power station, Chief Executive Officer Chris Crane said in an interview Wednesday. Three Mile Island failed to win contracts in the last two regional auctions for electric generating capacity. The plant has had only one reactor operating since 1979, when Unit 2 partially melted down during the worst accident in the history of U.S. commercial nuclear energy.