Exelon

Exelon Generation will shutter its Oyster Creek Generating Station in October 2018—more than a year before it is required to close the single-unit reactor as part of an agreement with the state of New Jersey. Exelon agreed in 2010 to close the unit by December 2019—10 years before its license to operate expires—after it decided […]

Two more U.S. nuclear power plants are facing early retirement, joining a string of generators whose fate was determined by market conditions, political pressure, or financial stresses assailing the sector. Several others may be poised to join them. The 647-MW Duane Arnold nuclear plant in Palo, Iowa, will likely close in 2025 after a current […]

U.S. utilities continue to send workers to Puerto Rico to help restore that country’s electricity and rebuild its power infrastructure, a task that continues more than four months after back-to-back hurricanes left nearly all of the island in the dark. The Puerto Rican government this week said 83% of the island’s generation capacity has been […]

A lawsuit challenging subsidies for New York’s nuclear plants will head to trial after the state’s  Supreme Court rejected motions to dismiss it. The measure deals a small setback for Exelon Corp., whose subsidiaries own the R.E Ginna and Nine Mile Point nuclear plants in upstate New York. Defendants in the lawsuit also include Entergy […]

GE and Exelon announced a multi-year agreement to deploy GE’s portfolio of Predix software solutions across the energy company’s six electric utilities to further enhance reliability and efficient service to its more than 10 million customers. Exelon’s six utilities will use these advanced analytics to further strengthen transmission and delivery systems. POWER Executive Editor Aaron […]

ExGen Texas Power (EGTP) Holdings LLC and ExGen Texas Power LLC, a subsidiary of Exelon Corp., on November 7 filed for Chapter 11 bankruptcy. The filing in U.S. Bankruptcy Court in Delaware is aimed at reducing the company’s debt, and four of EGTP’s five natural gas-fired power plants in Texas would be owned by lenders […]

A bitter dispute concerning subsidies for nuclear generation that has divided the power sector grew more intense over the past week as Connecticut, Ohio, and Pennsylvania advanced efforts to keep nuclear plants operating. At the same time, legal challenges to existing measures in Illinois and New York continued in two federal courts. In Connecticut, Gov. […]

CHICAGO (Sept. 29, 2017) — In response to the devastation caused by Hurricane Maria and two earthquakes in Mexico, Exelon has donated $50,000 to the American Red Cross to assist in disaster relief areas. The largest utility by customer count, Exelon, through its operating companies, is contributing another $200,000 to organizations aiding in relief efforts. […]

Exelon could begin construction as soon as next week on an expansion of its 135-MW West Medway oil-fired peaking plant in West Medway, Massachusetts. The company’s plan to add two units and 200 MW of generation to the existing three-unit facility was deliberated for 29 months by state and local officials before a state board […]

A federal judge has let stand Illinois’ zero-emission credit (ZEC) program, dismissing challenges filed by power producers who said the initiative subsidizes nuclear power at the expense of other resources. Judge Manish S. Shah of the U.S. District Court for the Northern District of Illinois on July 14 ruled in favor of motions by the […]