Three Mile Island Nuclear Plant To Close, Latest Symbol Of Struggling Industry
The Three Mile Island nuclear power plant, site of the nation's worst nuclear accident, will shut down by the end of September. Backers failed to secure subsidies to keep the plant operating.
40 years after the nation's worst nuclear accident, the remaining reactor still operating at Three Mile Island in South-central Pennsylvania is closing.
Exelon announced Wednesday that Three Mile Island Generating Station Unit 1 will shut down by September 30th.
The company says the plant has been losing money for years. The to compete with less expensive electricity generated from natural gas and renewable energy.
