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Exelon Will Acquire Pepco and Form Largest Utility in the US

May 2, 2014 by Katherine Tweed

Exelon and Pepco

Exelon Corporation announced on Wednesday that it will acquire Pepco Holdings in a $6.8 billion all-cash transaction to create a mega-utility serving the Mid-Atlantic and Midwest. The new company will be the largest utility in the U.S. in terms of customers served.[read more]

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Wind Energy Projects Rush to Start Construction in Advance of Expiring Tax Credit (Again)

December 9, 2013 by Jesse Jenkins

Wind Energy and Tax Credits

It’s December, and that means the wind power industry in the United States is in the middle of what has become an all-to-frequent holiday season tradition: the mad dash to get projects in the ground before the impending expiration of a federal production tax credit worth $23 per megawatt-hour.[read more]

U.S. Reactors Ride Out The Storm

August 29, 2011 by Dan Yurman
1

Hurricane Irene Caused No Damage To Reactors In Its PathThe nuclear reactors in eleven eastern states were mostly unaffected by the passage of Hurricane Irene over the weekend of August 26-28, 2011.  Two reactors shut down safely and several others reduced power.  At Constellation’s Calvert Cliffs site in Maryland one...[read more]

Will Natural Gas Remain Cheap for 10-20 Years?

August 20, 2011 by Rod Adams
1

John Rowe, the soon to be retired CEO of Exelon, the largest nuclear plant operator in the United States, said the following during a talk at the American Nuclear Society Utility Working Conference and Vendor Technology Expo in Hollywood, FL. The Colorado School of Mines estimates that the total potential of U.S. gas supply increased by...[read more]

The Battle For The Zion Nuclear Power Station Heads To Court

August 15, 2011 by Rod Adams

It has been several months since I last reported on the efforts of Nancy Thorner, the Illinois resident who has been working diligently for several years to encourage Exelon to reconsider its 1998 decision to shut down the 22 year old (at the time) Zion nuclear power station. You can find links to previous articles about this situation...[read more]

Energy Supply Worries Are Over! Natural Gas Resource Estimate Increased by 3%!

April 28, 2011 by Rod Adams

I am in a snarky mood this morning. Please forgive me while I try to explain the sources of my wry amusement – and my continuing worries that keep me from getting a good night’s sleep. Yesterday, I was in a conversation with a man who was explaining the recent changes in Nuclear Regulatory Commission written and unwritten rules regarding...[read more]

A Nuclear/Gas Alliance?

March 11, 2011 by Geoffrey Styles

As I was scanning the news of the last few days I was intrigued by a headline featuring the CEO of the largest owner/operator of nuclear power plants in the US, Exelon Corp., extolling the virtues of natural gas and advocating an increase in its output. That might not sound earth-shattering, especially considering that...[read more]

Exelon's John Rowe on Energy Policy: Above All, Do No Harm

March 10, 2011 by Scott Edward Anderson

Exelon CEO John Rowe addressed the American Enterprise Institute in Washington, DC, yesterday outlining an economic approach to energy policy for the 112th Congress. Rowe has always been forward-thinking on the issue of a price for carbon and action on climate change -- and his company remains committed to its goal of reducing,...[read more]

Exelon CEO Thinks Electricity Cheap, Clean Enough Already - Sees No Need to Encourage New Supply

March 9, 2011 by Rod Adams
2

NASDAQ.com published a Dow Jones news wire story about a recent talk given by John Rowe, CEO of Exelon, to the American Enterprise Institute. The article headline is Exelon CEO: No New US Laws Needed To Shift To Cleaner Energy, and indicates a rather significant course change for a man who has been one of the most active CEOs in...[read more]

Chicago to build electric car charging network

February 28, 2011 by Todd Woody
6

First Chicago gets Rahm Emanuel, now electric cars. Well, at least an electric car infrastructure. In a move that indicates electric cars won’t just be a phenomenon of Greater Portlandia, utility Exelon and the city will roll out 280 charging stations across Chicagoland by year’s end. Two stations will even be solar-powered. It’s part...[read more]

Exelon gives up in struggle against antinuclear, pro-natural gas activists - will close Oyster Creek at least 10 years prematurely

December 9, 2010 by Rod Adams
1

I received a depressing press release last evening. Exelon has announced a decision to close Oyster Creek in 2019, 10 years before the expiration of its current operating license. The company has announced that the decision is based on several factors. As the plant ages the cost of maintenance gradually increases; the selling price of...[read more]

Exelon calls Christie’s bluff

December 8, 2010 by Dan Yurman

Utility will close Oyster Creek in 2019 ten years before the license is up Gov. Chris Christie (right) told a group of editors last week “he will decide by the end of the year” whether or not to require the Oyster Creek nuclear power plant to install $700 million in cooling towers in order reduce the amount of water the plant takes from...[read more]

Exelon’s Rowe: Low gas prices and no carbon price push back nuclear renaissance a “decade, maybe two” - And a new Maryland nuke bites the dust

October 12, 2010 by Joseph Romm
9

Exelon Corp. Chief Executive Officer John Rowe said he expects natural-gas prices to remain low, pushing back the construction of new U.S. nuclear power plants by a “decade, maybe two.” “We think natural gas will stay cheap for a very long time,” Rowe said in an interview today at Bloomberg’s headquarters in New York. “As long as...[read more]

Exelon will take its time in Texas

April 7, 2010 by Dan Yurman

Firm files with NRC for an Early Site Permit which is good for 20 years The Nuclear Regulatory Commission’s idea of an Early Site Permit (ESP) is that it is a stepping stone to applying for a combined construction and operating license (COL) to build a commercial nuclear reactor. However, Chicago-based Exelon (NYSE:EXC), the nation’s...[read more]

The inside game at Oyster Creek

March 18, 2010 by Dan Yurman
1

Environmental groups win if Exelon makes good on its threat to close the reactor Environmental groups in New Jersey are trying to force Excelon (NYSE:EXC), the owner and operator of the Oyster Creek nuclear reactor, into a corner. They’ve convinced the State of New Jersey to issue a draft water quality permit for the plant that would...[read more]