COMED AND OTHER ENERGY COMPANIES CALL FOR A ‘RUSH TO RENEWABLES.’ e next Uber or Airbnb in your life may be your local electric utility company. Choosing how to power your home in the future could be more like selecting from your Netflix queue, with a market of energy options to choose from to meet … Continue reading #COMED AND OTHER ENERGY COMPANIES CALL FOR A ‘RUSH TO RENEWABLE S.’
Exelon legislation still in play SPRINGFIELD — A state senator from Chicago plans to use the General Assembly’s upcoming fall veto session to continue pushing legislation that Exelon Corp. says is essential to the future of its financially struggling Quad-Cities and Clinton nuclear power plants. Sen. Donne Trotter, a Democrat, made the statement Tuesday in … Continue reading Exelon legislation still in play
Exelon Ordered to Pay IRS $1.45 Billion in Back Taxes and Penalties xelon Generation was ordered to pay the IRS $1.45 billion in back taxes, penalties and interest on an issue involving power plant leases in Illinois. The massive bill is the result of an aggressive tax strategy Exelon’s predecessor company took to shield itself … Continue reading Exelon Ordered to Pay IRS $1.45 Billion in Back Taxes and Penalties
Two Exelon Nuclear Plants Fail to Clear PJM Auction Exelon’s Quad Cities and Three Mile Island nuclear plants have failed to clear the PJM capacity auction for the 2019–2020 planning year, and the future looks grim for at least one of those plants. The Chicago-headquartered company on May 25 confirmed that the two plants would … Continue reading Two Exelon Nuclear Plants Fail to Clear PJM Auction
Exelon makes another try for energy changes that critics call bailout Exelon is trying to orchestrate an unlikely end-of-session deal to pass far-reaching legislation to prop up what it says are financially struggling nuclear power plants, threatening to close them and eliminate hundreds of jobs if lawmakers don’t act. The scene is a repeat of … Continue reading Exelon makes another try for energy changes that critics call bailout
Exelon Announces Outcome of 2019-2020 PJM Capacity Auction Quad Cities and Three Mile Island nuclear plants did not clear in auction; policy solutions essential to preserving zero-carbon nuclear energy HICAGO–(BUSINESS WIRE)–Exelon Corporation today announced that its Quad Cities and Three Mile Island nuclear plants did not clear in the PJM capacity auction for the 2019-2020 … Continue reading Exelon Announces Outcome of 2019-2020 PJM Capacity Auction
Ameren customers wouldn’t see benefits from current Exelon bill SPRINGFIELD – If the Illinois General Assembly passes legislation that Exelon Corp. has said is essential to the future of two financially struggling nuclear power plants, customers of downstate utility Ameren Illinois would help cover the cost but wouldn’t enjoy some of the benefits, environmental advocates … Continue reading #Ameren customers wouldn’t see benefits from current Exelon bill
Exelon Generation and RES announce 10 MW battery storage project Exelon Generation and Renewable Energy Systems (RES) announced today the development of a 10 megawatt (MW) battery storage facility in Clinton County, Ohio. Exelon Generation is the storage facility owner and operator, and RES is the project developer and constructor. RES, a leader in the … Continue reading Exelon Generation and RES announce 10 MW battery storage project
Why Exelon’s stock is popping Exelon CEO Chris Crane is having a moment. Thanks to intervention by the bureaucrats who oversee the nation’s power grid, prices are firming up in key markets where Exelon’s nuclear plants sell juice to electric utilities. Crane has restored part of a dividend cut he was forced to impose in … Continue reading Why Exelon’s stock is popping
EXELON CORPORATION AND PEPCO HOLDINGS, INC. ARE NOW ONE COMPANY Exelon Corporation (NYSE: EXC) and Pepco Holdings, Inc. (NYSE: POM) announced on March 23 that the two companies have completed their merger transaction. The announcement follows the approval of the merger by the Public Service Commission of the District of Columbia (DC PSC). The merger … Continue reading EXELON CORPORATION AND PEPCO HOLDINGS, INC. ARE NOW ONE COMPANY
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