Exelon chief: Wind-power subsidies could threaten nuclear plants

Exelon Corp. Chief Executive Christopher Crane said Thursday that the rapid pace of subsidized wind-generated electric power could ultimately force it to shutter nuclear plants.

"What worries me is if we continue to build an excessive amount of wind and subsidize wind, the unintended consequence could be that it leads to shutting down plants," Crane said in an interview.

Crane said states that have helped to subsidize wind development in order to create jobs might find themselves losing jobs if nuclear plants shut down.

The Chicago-based company doesn't have any immediate plans to mothball nuclear plants, although at least one analyst has predicted that could occur as soon as 2015.
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