http://blogs.star-telegram.com/barnett_shale/2011/03/ceo-of-biggest-us-nuclear-power-producer-touts-cheap-natural-gas-as-energy-solution-.htmlThe U.S. should use more natural gas to generate electricity and shun new “clean-energy” subsidies given for nuclear reactors, wind turbines, solar panels and coal-fired plants that capture carbon dioxide, Exelon Corp. CEO John Rowe said in prepared remarks for a speech today, according to a Bloomberg News report.
Higher U.S. production of natural gas “has already jump-started the transition to clean energy” and there is “no need for expensive mandates and subsidies” to support other technologies, Rowe said in remarks for a talk at the American Enterprise Institute in Washington, D.C.
Chicago-based Exelon is the largest U.S. nuclear-power producer. The company says on its website that its owned power generation breaks down this way: nuclear, 93 percent; coal, 5 percent; oil, 1 percent; natural gas, 1 percent; and renewables (wind, solar, hydro), 1 percent.
While natural gas is a tiny part of Exelon's generation portfolio, the company has two natural gas-fired generation plants in the Dallas-Fort Worth area--the Handley plant in east Fort Worth, on the north edge of Lake Arlington, and the Mountain Creek plant in southwest Dallas.
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