Exelon

PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing resources as directed by the federal entity’s ground-shaking Dec. 19 capacity market order. But when that will occur is still highly uncertain. In a presentation […]

On Dec. 19, the Federal Energy Regulatory Commission (FERC) directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources, including renewables backed by state portfolio standards. It’s the latest of a series of dramatic revisions to the grid operator’s rule, which essentially functions to provide a minimum […]

Exelon Generation said EDF Group—a French integrated electricity company—is exercising a put option to sell its 49.99% interest in the R.E. Ginna, Nine Mile Point, and Calvert Cliffs nuclear energy facilities. The two companies will now begin negotiations for Exelon to acquire full ownership of the plants. EDF’s involvement in the facilities was through the […]

The CEO of major U.S. energy company Exelon Utilities retired on Oct. 15, leaving the company as federal officials investigate Exelon’s lobbying activities at the Illinois State Capitol. The retirement of Anne Pramaggiore, 61, who became CEO of Exelon Utilities in 2018, comes less than a week after Exelon subsidiary Commonwealth Edison (ComEd), Illinois’ largest […]

Exelon’s Byron Unit 2 nuclear power plant has completed installation of EnCore Fuel, Westinghouse Electric Co.’s accident-tolerant fuel (ATF) solution, marking the start of the first test of uranium silicide fuel pellets in a commercial nuclear reactor.  The installation, completed during the plant’s scheduled 18-day spring refueling outage this April, but publicly announced on Sept. […]

A first-of-its-kind project spearheaded by Exelon, the nation’s largest nuclear power generator, and Norwegian firm Nel Hydrogen could demonstrate an integrated hydrogen production, storage, and utilization facility at an existing nuclear plant site. If the project comes to fruition, it could shed light on a new and potentially lucrative revenue stream for existing nuclear power […]

The world’s nuclear sector is struggling to stay economically afloat amid a deluge of renewables and natural gas power, and reinvigorating it will require operational flexibility from new or existing

Power plant SO2 and NOx emissions have decreased 92% and 84%, respectively, since Congress passed major amendments to the Clean Air Act in 1990. Meanwhile, mercury air emissions from power plants have decreased 90% since 2000, as federal limits on mercury and other hazardous air pollutants from coal-fired power plants went into effect in 2015. […]

The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC).  The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]

Time is winding down for lawmakers interested in enacting legislation to save the Three Mile Island (TMI) nuclear plant. That message was amplified on April 5 when Exelon Corp. filed the federally required Post Shutdown Decommissioning Activities Report (PSDAR) with the Nuclear Regulatory Commission. The PSDAR details plans for TMI Unit 1 after its final […]