Exelon

Exelon’s acquisition of Pepco Holdings was approved March 23 as the District of Columbia Public Service Commission approved the deal by a 2-1 vote.

“My sense as I speak to you here today is that nuclear energy is toast,” said New York Times Reporter Eduardo Porter, as he opened a panel discussion titled “Nuclear Energy and the Clean Energy Future” held at the New York University School of Law on March 23. “Despite the challenge from climate change that […]

Construction of a 50-MWt plant that will demonstrate a novel oxyfuel natural gas power system using Allam Cycle technology with zero atmospheric emissions has kicked off in La Porte, Texas. The demonstration plant is being built by the technology’s developer, Durham, N.C.–based NET Power, along with Exelon Generation, CB&I, and 8 Rivers Capital. NET Power’s […]

Exelon Completes Peach Bottom Reactor Uprate. An extended power uprate (EPU), begun in 2009 to increase the output from the Peach Bottom Atomic Power Station by 270 MW, was completed in January, said the

The District of Columbia Public Service Commission (PSC) on Friday (Feb. 26) rejected a restructured $6.8 billion merger proposal between Exelon and local electric utility Pepco, but offered a counter proposal with conditions that the two companies are likely to approve easily, according to local opponents of the merger. The commission turned down the merger […]

Closure of Exelon’s 614-MW R.E. Ginna and Entergy’s 882-MW James A. FitzPatrick nuclear plants will leave New York with a statewide power deficiency starting in 2019, the New York Independent System Operator (NYISO) has concluded. A generator deactivation assessment issued on February 11 that is focused on reliability impacts stemming from the deactivation of the FitzPatrick […]

The month-old agreements that seemed to provide a lifeline for an array of coal-fired and nuclear power plants in Ohio owned by American Electric Power (AEP) and FirstEnergy have come under attack by other generators who say they can meet the demand at a lower cost to state taxpayers. AEP reached an eight-year power-purchase agreement (PPA) […]

Several experts, meeting in Washington on Nov. 6 for the White House Summit on Nuclear Energy, agreed that more nuclear power is needed if the world hopes to minimize the effects of climate change and limit the increase in average temperatures around the globe. The Two-Degree-C Scenario William D. Magwood IV, director-general of the Organisation […]

Exelon’s embattled nuclear fleet got more bad—though far from unexpected—news on Aug. 21 as the Oyster Creek, Quad Cities, and Three Mile Island nuclear power plants failed to clear in the 2018–19 PJM capacity auction. This means that the three plants will not receive capacity payments during that delivery year. This was despite a big […]

Exelon’s Quad Cities nuclear plant in Illinois will not be economically viable despite changes in the PJM capacity market, and the company has to make a decision on closing it before the Illinois legislature can act on possible measures to save it, CEO Chris Crane said in Exelon’s second-quarter earnings call on July 29. Along […]