Byron Nuclear Valuation

Synapse prepared two expert reports to be presented in annual property tax assessment cases relating to the valuation of the Byron Nuclear Power Station. The first gives a history of electricity restructuring, its effect on nuclear generation, and its impact on Illinois and the Byron station in particular. The second report rebuts the argument made by Concentric Energy Advisors that nuclear plants that are members of fleets enjoy superior historical performance due to this membership, and that the value of Byron station should thus be adjusted downward when assessing its worth to a non-fleet buyer.