U.S., state to fund battery research at Argonne
The number is five. Batteries that are five times more powerful, five times cheaper, within five years. That's the stated goal of Argonne National Laboratory team that will establish a...
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Smith Electric plans Chicago plant, 200 local workers
Smith Electric Vehicles is looking to build a new factory in Chicago and plans to hire 200 employees over three years to churn out 1,200 vehicles a year. Chicago would...
Run on Twinkies: Iconic treats never looked so good
Twinkies never looked so good or moved so fast. With the announcement that Hostess is going out of business, people are apparently stocking up on Twinkies by the armload. The...
Midwest Generation’s parent 30 days from Ch. 11
The owner of six coal-fired power plants in Illinois has 30 days to work out an agreement with its bondholders or it will be forced to file for bankruptcy protection....
Exelon to pay $400K fine over Constellation deal
Exelon has agreed to pay a $400,000 fine for violating court orders that forbid the company from earning profits on electricity produced from three Maryland coal plants it had to...
Environmentalists worry that aggregation will hurt renewables
The exodus of customers from Commonwealth Edison has environmental groups clamoring to change a law that requires ComEd customers to pay for renewable energy development. By law, 25 percent of...
Chicago sets brisk timeline for electric aggregation deal
The City of Chicago laid out a timeline Thursday for how it intends to quickly complete a deal that would move approximately 950,000 Chicagoans to a new electricity supplier. The...
Electricity aggregation vote: What it means for your bill
Voters in 81 communities in Commonwealth Edison's service territory voted Tuesday to allow their local governments to shop for electricity on their behalf. Vote totals are being tallied, but early...
NRC looks into flood preparation at Dresden nuclear plant
The U.S. Nuclear Regulatory Commission is asking Exelon Corp. to explain how Dresden nuclear plant's operators would handle a catastrophic flood at the plant, which sits 11 feet below current...
Coal plant owner says bankruptcy is likely
The owner of six coal-fired electric generating plants in Illinois, including the shuttered Crawford and Fisk stations in Chicago, is on the verge of filing for bankruptcy.Ted Craver, chairman and...