Criterion News

• 4/27/2023 - Exelon Seeks Federal... (subscriber access)
• 10/5/2022 - UK Proposal Protecting... (subscriber access)
• 8/19/2022 - Exelon Estimates... (subscriber access)
• 3/24/2022 - Exelon Confirms Plans to... (subscriber access)
• 9/30/2021 - Exelon Investing $300MM... (subscriber access)
• 9/13/2021 - Illinois Senate Approves... (subscriber access)
• 7/28/2021 - Exelon Files... (subscriber access)
• 6/3/2021 - Exelon Shutting Down... (subscriber access)
• 3/23/2021 - Annova LNG Terminates... (subscriber access)
• 3/15/2021 - Exelon Pushes Texas PUC... (subscriber access)
• 2/24/2021 - Exelon Expecting Income... (subscriber access)
• 2/24/2021 - Exelon Announces Split... (subscriber access)
• 11/3/2020 - Exelon Considering... (subscriber access)
• 9/25/2020 - BP & Others Pushing to... (subscriber access)
• 8/27/2020 - Exelon Retiring Byron &... (subscriber access)
• 8/26/2020 - Exelon Shuttering... (subscriber access)
• 9/23/2019 - Enbridge Acquires 10.5%... (subscriber access)
• 9/16/2019 - Exelon Reports Switch to... (subscriber access)
• 7/12/2019 - Scout Clean Energy... (subscriber access)
• 5/8/2019 - Three Mile Island... (subscriber access)
• 11/28/2018 - Exelon Sues FirstEnergy... (subscriber access)
• 9/17/2018 - Oyster Creek Generating... (subscriber access)
• 7/11/2018 - FirstEnergy Divesting... (subscriber access)
• 6/4/2018 - Exelon Files $1.4... (subscriber access)
• 5/25/2018 - Exelon's Three Mile... (subscriber access)
• 4/19/2018 - Exelon Emphasizes Commitment to Nuclear Energy; States that Large-Scale Plants are Non-Viable & Highlights Potential of Small Modular Reactors
• 2/8/2018 - Exelon's Clinton Unit 1... (subscriber access)
• 2/5/2018 - Oyster Creek Nuclear to... (subscriber access)
• 12/21/2017 - Exelon Generation... (subscriber access)
• 7/21/2017 - D.C. Court of Appeals... (subscriber access)

Press Releases

1/27/2020 - SimpliPhi Power and Pepco Design Community Microgrid
X
SimpliPhi Power and Pepco Design Community Microgrid
Source: PR Newswire
Washington, D.C., Jan. 27, 2020 /PRNewswire/ -- SimpliPhi Power, a leading provider of safe, cobalt-free, non-hazardous energy storage systems, has partnered with Pepco and New Partners Community Solar to launch one of the first resiliency centers in Washington, DC that is powered by solar and SimpliPhi Power's batteries at a new justice housing development, The Maycroft.
As climate change intensifies with increased extreme weather events, studies have shown that under-resourced, low-income communities will be among those most vulnerable to the impacts. Resiliency centers are expected to become more commonplace as communities respond, prepare, and adapt to our new climate reality.
The Maycroft's Resiliency Center includes a 70.2 kW rooftop solar array combined with a 46 kW/56 kWh battery system that seamlessly disconnects from the grid and provides power for up to three days during an unplanned power outage. The solar + storage system uses SimpliPhi Power's high-performance batteries to support critical loads for the center such as refrigeration for food and medication, exhaust and floor fans, lighting, outlets for charging cell phones and medical devices, kitchen facilities, and televisions. During a power outage, the Resiliency Center safely islands from the grid and runs 100% off of the SimpliPhi batteries and solar PV system, becoming an independent and self-sustaining microgrid.
"The impacts of climate change have manifested in more frequent and severe weather events; resulting in power disruptions for millions and costing the economy tens of billions of dollars each year," says SimpliPhi CEO, Catherine Von Burg. "Customer-cited energy storage can provide instant access to reliable and affordable power when the grid goes down and optimize energy usage when the grid is available, benefiting both utilities and energy consumers."
Pepco will manage the interface between the SimpliPhi batteries and the solar installation, allowing the company to learn more about using this technology in future applications. This is the first such resource in the District, and one of the first examples nationwide of a new trend in community-based "solar+battery storage+resiliency" efforts.
"We know that climate change is real, and as leaders in the energy industry, we want to help usher in the clean energy future while doing our part to combat climate change and prepare for a world with more extreme weather and less predictability," said Donna Cooper, Pepco Region President. "Even as we modernize the local energy grid with devices that are helping to provide the most reliable service in the history of our company, the impact of climate change, natural disasters, and other emergencies that affect the energy grid are becoming more frequent. And these challenges fall most heavily on our low-income residents and neighbors. We are excited about this project and we think this pilot could be a roadmap for others to follow, both in the District and beyond."
SimpliPhi is thrilled to have played a role in making this landmark grid resiliency microgrid project a reality and to support Pepco's commitment to ensuring access to vital, sustainable energy resources for all customers.
About SimpliPhi Power
With a mission to create universal access to reliable, safe and affordable energy, SimpliPhi Power designs and manufactures efficient, non-toxic and enduring energy storage and management systems that utilize environmentally benign lithium ferro phosphate (LFP) battery chemistry. Based in Oxnard, California, SimpliPhi combines the non-hazardous LFP energy storage chemistry with its proprietary cell and battery architecture, power electronics, Battery Management System (BMS) and manufacturing processes to create safe, reliable, durable and highly scalable on-demand power solutions for the residential, commercial, military, emergency response and film industries. For more information, please visit https://simpliphipower.com and follow us @SimpliPhiPower, on Facebook and LinkedIn.
About Pepco
Pepco, a public utility owned by Exelon Corporation (NYSE: EXC), provides safe and reliable energy to more than 842,000 electric delivery customers in Maryland and the District of Columbia.
View original content:http://www.prnewswire.com/news-releases/simpliphi-power-and-pepco-design-community-microgrid-300993336.html
SOURCE SimpliPhi Power

Article Date
1/27/2020
Close
11/14/2018 - NET Power Demonstration Plant Wins 2018 ADIPEC Breakthrough Technological Project of the Year
X
NET Power Demonstration Plant Wins 2018 ADIPEC Breakthrough Technological Project of the Year
Source: PR Newswire
ABU DHABI, United Arab Emirates, Nov. 14, 2018 /PRNewswire/ -- In recognition of its demonstration plant in La Porte, Texas, NET Power, LLC, was awarded the 2018 Breakthrough Technological Project of the Year at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). ADIPEC is one of the world's largest and most influential oil and gas events. NET Power's 50MWth plant demonstrates the company's low-cost, emissions-free, natural gas electric power system. It is the world's first and only industrial-scale supercritical CO₂-based power plant.
By generating non-intermittent, competitively-priced power with full carbon capture, NET Power will help the world to reach deep decarbonization targets at the lowest cost. Using its novel power system, the company strives to push the cost of CO₂ capture so low that it will be more economic to re-use and sequester carbon than to emit it into the atmosphere. NET Power's CO₂ can be used for enhanced oil recovery or oil field pressure maintenance, with the goal of cutting the carbon footprint of fossil fuels to zero.  In addition, NET Power's CO₂ can be directly and safely sequestered in saline aquifers, sedimentary deposits, and depleted oil fields. Ultimately, NET Power's goal is to make CO₂ so affordable that it will catalyze the establishment of a new carbon economy built around novel CO₂ utilization technologies, such as sour gas cleanup and the production of carbon nanofiber, methanol and concrete.
In May of this year, NET Power achieved first-fire at its 50MWth demonstration power plant.   The last phase of testing is underway and is expected to be completed in early 2019. 
Since commencing development in 2014, NET Power identified important market needs by working with major power, oil, gas, chemical and industrial companies worldwide.  In early 2019, NET Power expects to commence detailed engineering of 300MWe commercial-scale plants with customers.
NET Power is owned by Exelon Generation (NYSE: EXC), McDermott (NYSE: MDR), 8 Rivers Capital, and, subject to regulatory approval, Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental Petroleum Corporation (NYSE: OXY).
NET Power, LLC, is a Durham, NC-based company developing the natural gas-fueled Allam Cycle power system.  For more information, please visit www.NETPower.com.
 
View original content to download multimedia:http://www.prnewswire.com/news-releases/net-power-demonstration-plant-wins-2018-adipec-breakthrough-technological-project-of-the-year-300750163.html
SOURCE NET Power, LLC

Article Date
11/14/2018
Close
9/25/2018 - Constellation and United Renewable Energy grow solar in Swainsboro, Georgia
X
Constellation and United Renewable Energy grow solar in Swainsboro, Georgia
Source: PR Newswire
 
SWAINSBORO, Ga., Sept. 25, 2018 /PRNewswire/ --The Dixon family of Swainsboro, Georgia realized the value of adding sustainable green energy to the community to promote a healthy environment. They chose to take their 26 acres of cultivated fields out of production to become the largest solar site in Swainsboro. The Dixons are able to generate a greater income from the once cultivated land. As is our standard policy, United Renewable Energy LLC™ (URE™) utilized as many local laborers and contractors as possible to build the array. Andy Dixon's own fence company, Central Fence, provided and installed the fencing for the project. "URE made the process of constructing the project a pleasant experience," said Andy Dixon.
Thanks to another successful collaboration between Constellation, an Exelon company, and United Renewable Energy LLC™, the field now hosts a 3 megawatt AC solar array.
"Solar projects like this one provide much needed added income to landowners. In the farming economy, where diversification is increasingly vital, this project brings a nice return on investment," stated Mike Jolley, Director of Utility Development at URE™. "It was a great pleasure working with Andy and Teresa Dixon, Georgia Power and Constellation to make this project a reality. Together we made an unbeatable team."
"URE and the Dixons made it easy for Constellation to expand its portfolio of investment grade renewable energy projects in the burgeoning Southeast solar markets," said Brendon Quinlivan, Executive Director, Distributed Energy Origination at Constellation. 
URE developed and constructed the project, and Constellation is the long-term owner and operator. The project is operating under a long-term Power Purchase Agreement (PPA) between Constellation and Georgia Power, bringing long-term consistent financial returns to the landowners. It is part of the nationally recognized Georgia Power Company Advanced Solar Initiative (ASI), which has helped to make Georgia a top 10 solar state.
About Constellation
Constellation is a leading competitive retail supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Constellation's family of retail businesses serves approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Baltimore-based Constellation is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with 2017 revenues of approximately $33.5 billion, and more than 32,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. Learn more at www.constellation.com or on Twitter at @ConstellationEG.
About United Renewable Energy
United Renewable Energy™ is an engineering, procurement, and construction (EPC) firm developing industrial and utility solar photovoltaic farms and energy storage systems. URE™ focuses on creative design and implementation to deliver solar and energy storage projects with superior quality, performance, and safety at competitive costs. Learn more at www.u-renew.com.
Contact: Jakky Shanahan, 678.881.0014 x708 or jakky@u-renew.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/constellation-and-united-renewable-energy-grow-solar-in-swainsboro-georgia-300718414.html
SOURCE United Renewable Energy LLC

Article Date
9/25/2018
Close
9/12/2018 - Constellation To Power Herman Miller's Spring Lake Manufacturing Locations With 100 Percent Renewable Energy
X
Constellation To Power Herman Miller's Spring Lake Manufacturing Locations With 100 Percent Renewable Energy
Source: PR Newswire
SPRING LAKE, Mich., Sept. 12, 2018 /PRNewswire/ -- Herman Miller (NASDAQ-NMS: MLHR) and Constellation, an Exelon company and leading retail energy supplier, today announced a four-year agreement to power the furnishings manufacturer's Spring Lake, Mich., manufacturing locations with 100 percent renewable energy. The energy will come from the Harvest II wind project in Elkton, Mich., which is managed by Exelon Generation.
The agreement is expected to supply Herman Miller with roughly 25,000 megawatt hours of wind energy annually, which is enough to power more than 2,700 homes for one year, according to U.S. EPA estimates. That's about double the homes in the village of Spring Lake. The Spring Lake campus is responsible for about a quarter of Herman Miller's global energy consumption – and is the biggest consumer of electricity in Spring Lake.
The agreement leverages the innovative Constellation Offsite Renewables (CORe) retail offering -- designed to increase access to renewable energy for commercial and industrial customers – that will match the manufacturing location's annual electricity use with renewable energy certificates from the Harvest II wind project. Structured similarly to standard retail power agreements, CORe allows businesses to gain access to renewable energy without the significant hurdles that accompany offsite renewable Power Purchase Agreements.
"Constellation is committed to the development of clean energy solutions that meet the needs of our customers, and our CORe offering is helping Herman Miller achieve its ambitious sustainability goals," said Mark Huston, president of Constellation's Retail business. "Consumers are increasingly adopting offsite renewables, and we welcome Herman Miller to the growing list of organizations choosing carbon-free wind power to sustainably power their operations."
Constellation has a suite of CORe offerings across the country. This agreement is the first in Michigan.
This investment in renewable energy is one component of Herman Miller's Earthright Strategy – a commitment to creating a Better World by 2023. In 2016, Herman Miller began a partnership with Foresight, an energy management firm headquartered in Zeeland, Mich., to evaluate and implement procurement strategies across all facilities and business units aimed at reducing costs and increasing its renewable energy consumption. The renewable wind energy contract at Herman Miller's Spring Lake facilities is one solution that came from this partnership.
"We're very excited to work with Foresight and Constellation on this initiative. Sustainable practices and creating a better world have been part of Herman Miller's guiding principles since the company's start," said Gabe Wing, director of Safety and Sustainability at Herman Miller. "This project will help us meet our sustainability goals -- and doesn't negatively impact our business. We will continue to reduce our carbon footprint through energy efficiency projects and supporting green energy projects like Harvest II where the market allows."
The Spring Lake campus is made up of two vertically integrated steel manufacturing facilities that fabricate, powder coat, and assemble numerous products, including height adjustable tables, filing and storage systems, and desking.
About Herman Miller
Herman Miller is a globally recognized provider of furnishings and related technologies and services. Headquartered in West Michigan, the 113-year-old company has relied on innovative design to solve problems wherever people work, live, learn, and heal. With recognizable designs as part of museum collections worldwide, Herman Miller is a past recipient of the Smithsonian Institution's Cooper Hewitt National Design Award and has been ranked number one on Contract Magazine's list of "Brands that Inspire" for four straight years. Known and respected for its leadership in corporate social responsibility, Herman Miller has earned numerous global sustainability and inclusivity awards including the Human Rights Foundation's top rating in its Corporate Equality Index for 11 years in a row. In fiscal 2018, the company generated $2.38 billion in revenue and employed nearly 8,000 people worldwide. Herman Miller trades on the NASDAQ Global Select Market under the symbol MLHR. www.hermanmiller.com/about-us
About Constellation
Constellation is a leading competitive retail supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Constellation's family of retail businesses serves approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Baltimore-based Constellation is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with 2017 revenues of approximately $33.5 billion, and more than 32,700 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. Learn more at www.constellation.com or on Twitter at @ConstellationEG
View original content to download multimedia:http://www.prnewswire.com/news-releases/constellation-to-power-herman-millers-spring-lake-manufacturing-locations-with-100-percent-renewable-energy-300711084.html
SOURCE Herman Miller

Article Date
9/12/2018
Close
7/10/2018 - FirstEnergy Solutions Corp. Enters into Stalking Horse Agreement to Sell its Retail and Wholesale Load-Serving Business to Constellation
X
FirstEnergy Solutions Corp. Enters into Stalking Horse Agreement to Sell its Retail and Wholesale Load-Serving Business to Constellation
Source: PR Newswire
AKRON, Ohio, July 10, 2018 /PRNewswire/ -- FirstEnergy Solutions Corp. ("FES") announced today that it has agreed to sell its retail and wholesale load-serving business to Constellation, a subsidiary of Exelon Corporation (NYSE: EXC), for a purchase price of $140 million in cash, subject to certain purchase price adjustments. FES has approximately 900,000 Commercial & Industrial and Residential customers in six states in the Midwest and Mid-Atlantic, primarily Ohio and Pennsylvania and serves 41 terawatt-hours of electricity load.
The transaction with Constellation does not include the transfer of (i) FES cash collateral posted with various counterparties or (ii) FES working capital. In total, FES expects to realize total cash proceeds of approximately $280 million, subject to certain purchase price adjustments, including the return of cash collateral and collection of retained net working capital.
The sale will be accomplished pursuant to a court-supervised Section 363 bankruptcy auction process.  FES has filed a motion with the Bankruptcy Court overseeing its chapter 11 cases for approval of auction and bid procedures that will permit other interested parties to submit competitive bids for the retail and wholesale load serving business.
The sale is subject to receipt of other necessary approvals, including Hart-Scott-Rodino. If approved, the companies expect to close the transaction in the fourth quarter of 2018.
Throughout the sale process, FES will continue to supply energy and service to all customers without interruption. "We believe this transaction is another important step in our restructuring plan," said Kevin Warvell, Vice President and Chief Financial Officer of FES. "If approved, we will work with Constellation to ensure the transition of customer accounts is seamless. During the sale process, our daily operations will continue as usual, and we will continue to provide our customers with the uninterrupted service they demand. Taking care of customers is and will remain our number one priority." 
"This agreement would provide an opportunity to grow our retail business in strategically attractive markets where we're best suited to match load served with Exelon generation assets," said Mark Huston, President of Constellation's National Retail Business. "FirstEnergy Solutions has a reputation for delivering value to customers, and our combined business would continue that tradition with a broad array of energy products and services at competitive prices."
FES, its subsidiaries and FirstEnergy Nuclear Operating Company on March 31, 2018, filed petitions under Chapter 11 of the Federal Bankruptcy Code to facilitate an orderly financial restructuring. The case is proceeding in U.S. Bankruptcy Court for the Northern District of Ohio, in Akron. Additional information can be found at https://cases.primeclerk.com/FES. 
Akin Gump Strauss Hauer & Feld LLP is serving as legal counsel and Lazard is serving as investment banker to FES with respect to this sale and during FES's chapter 11 restructuring.
About Constellation
Constellation is a leading competitive retail supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Constellation's family of retail businesses serves approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Baltimore-based Constellation is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with 2017 revenues of approximately $33.5 billion. Learn more at www.constellation.com or on Twitter at @ConstellationEG.
 
View original content:http://www.prnewswire.com/news-releases/firstenergy-solutions-corp-enters-into-stalking-horse-agreement-to-sell-its-retail-and-wholesale-load-serving-business-to-constellation-300678982.html
SOURCE FirstEnergy Solutions

Article Date
7/10/2018
Close
6/12/2018 - Constellation and United Renewable Energy Install 1.8 MW Solar Array at Georgia Cattle Farm
X
Constellation and United Renewable Energy Install 1.8 MW Solar Array at Georgia Cattle Farm
Source: PR Newswire
Orignial Article: https://www.prnewswire.co...
JAKIN, Ga., June 12, 2018 /PRNewswire/ -- United Renewable Energy LLC (URE) and Constellation, an Exelon Company, announced today the completion of a 1.8-megawatt (DC) solar generation project located at Hunter Farms, a 360-acre, family-owned cattle farm in Jakin, Georgia. The Hunter family, which established its company in 1937, will benefit from lease payments from a tracking solar array — situated within marginal and over-used land.     
"Projects like this provide much needed income to landowners like Hunter Farms, Inc. In the farming economy, where diversification is increasingly vital, this project brings a nice cash crop to augment their top quality, animal-welfare-approved beef," said William Silva, CEO of URE. "Constellation again proved to be the landowner's and developer's best choice to finance a unique and exciting project."
"Constellation is committed to powering a cleaner and brighter future for our customers and communities," said Brendon Quinlivan, Executive Director, Distributed Energy Origination at Constellation. "As we continue to expand our solar project portfolio in the Southeast U.S. marketplace, we thank URE and Hunter Farms for the critical role they played in the successful development of our Jakin project." 
The system — comprised of 5,305 photovoltaic panels — operate under a 30-year Power Purchase Agreement (PPA), with Constellation selling all energy and environmental attributes to Georgia Power. It is part of the nationally recognized Georgia Power Company Advanced Solar Initiative, which has helped to make Georgia a top 10 solar state. Constellation now owns and operates 17.8 MW of solar projects in Georgia.
"This project supports and further underscores our mission of providing sustainably, organically and ethically grown, high quality products to our customers," said Chad Hunter, third-generation member of Hunter Farms.  "Investing a small amount of marginal land to provide reliable income to support our mission was a great opportunity to continue building a lasting legacy."
About Constellation
Constellation is a leading competitive retail supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Constellation's family of retail businesses serves approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Baltimore-based Constellation is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with 2017 revenues of approximately $33.5 billion, and more than 32,700 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. Learn more at www.constellation.com or on Twitter at @ConstellationEG.
About United Renewable Energy
United Renewable Energy is an engineering, procurement, and construction (EPC) firm developing industrial and utility solar photovoltaic farms and energy storage systems. URE™ focuses on creative design and implementation to deliver solar and energy storage projects with superior quality, performance, and safety at competitive cost. Learn more at www.u-renew.com.
About Hunter Farms, Inc.
Hunter Farms, Inc. was established in 1937 by John Wesley Hunter, Sr. and his wife Mollie Lee. The couple left a 1000-acre legacy for their nine children.  They have maintained this legacy by managing the farm in sunny, southwest Georgia ever since, raising grass-fed beef that is certified by the American Grassfed Association and Animal Welfare Approved. For more information about Hunter Farms, Inc., contact Chad and Bishop Hunter at 229-309-4332.
Media Contacts
Jakky Shanahan
678.881.0014 x708
jakky@u-renew.com
www.u-renew.com
Dave Snyder
410-470-9700
David.snyder@constellation.com
www.constellation.com
View original content with multimedia:http://www.prnewswire.com/news-releases/constellation-and-united-renewable-energy-install-1-8-mw-solar-array-at-georgia-cattle-farm-300664763.html
SOURCE United Renewable Energy

Article Date
6/12/2018
Close
5/15/2018 - Lockheed Martin Selected to Provide GridStar(TM) Energy Storage for New ComEd Microgrid Project in Chicago
X
Lockheed Martin Selected to Provide GridStar(TM) Energy Storage for New ComEd Microgrid Project in Chicago
Source: PR Newswire
Orignial Article: https://www.prnewswire.co...
CHICAGO, May 15, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) signed an agreement to supply a GridStar™ Lithium energy storage system to ComEd, Illinois' largest electric utility. The 2 MWh system will be integrated into ComEd's Bronzeville community microgrid project in Chicago.
A microgrid is a small power grid with defined boundaries that can operate both when connected to the larger electrical grid and as an "island" when there's an interruption on the main grid. It draws on distributed energy resources, like solar power, to serve customers within the microgrid footprint. These benefits extend to surrounding communities, with reliable energy allowing better access to food, supplies and public services. Lockheed Martin's GridStar Lithium storage system will help ComEd integrate and use multiple energy resources to provide electricity to critical facilities in an emergency, when the microgrid is not connected to the main electric grid.
"Lockheed Martin is excited to work with ComEd on this innovative project," said Frank Armijo, vice president of Lockheed Martin Energy. "Improving grid resiliency and reliability is crucial to the future of secure, efficient energy supply, and Lockheed Martin is looking forward to collaborating with ComEd to reach this goal."
ComEd's Bronzeville microgrid will include battery storage and solar power and will be connected to a microgrid on the campus of the Illinois Institute of Technology (IIT), creating the first utility-operated microgrid cluster in the nation. ComEd's microgrid is expected to serve more than 1,000 customers, including critical service providers such as the Chicago Police Department. In an emergency, the microgrid will enable services to continue and demonstrate the cutting-edge capability of solar photovoltaics (PV) and energy storage within a microgrid.
"The use of solar PV and battery energy storage are critical features of the Bronzeville microgrid, and Lockheed Martin's expertise in the integration of renewable energy resources will help ensure this project benefits the community and produces learnings that will inform the evolution of the system serving northern Illinois," said Michelle Blaise, senior vice president, Technical Services, ComEd.
The project will allow ComEd to take full advantage of work funded by two grants awarded by the U.S. Department of Energy (DOE). This work includes developing and testing a microgrid controller that will control the cluster of the Bronzeville microgrid and the microgrid at IIT. A second DOE grant is focused on studying how large amounts of solar PV and batteries can be integrated into a microgrid. The microgrid is expected to be completed in 2019, and its performance and impact, including a cost benefit analysis, will be studied over approximately 10 years. A broad range of metrics have been established to evaluate the project and its ability to positively impact the resilience of the energy system, the Bronzeville community and critical infrastructure. 
Lockheed Martin's GridStar Lithium turnkey energy storage systems are compact, easy to install, and scalable from 100 kW to multi-MW projects. GridStar system architecture consists of modular, purpose-built energy storage units that contain batteries, local controls software and all required balance-of-system components. The systems are certified to UL 9540 standards, a key certification for product safety for energy storage systems and equipment. Lockheed Martin is also developing GridStar^TM Flow, featuring the company's proprietary flow battery technology, for flexible, durable, long-duration energy storage for larger utility-scale projects. Lockheed Martin Energy is a line of business that delivers comprehensive solutions across the energy industry to include demand response solutions, energy efficiency, energy storage, microgrids, nuclear systems and bioenergy generation.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
About ComEd
Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with approximately 10 million customers. ComEd provides service to approximately 4 million customers across northern Illinois, or 70 percent of the state's population.
View original content with multimedia:http://www.prnewswire.com/news-releases/lockheed-martin-selected-to-provide-gridstar-energy-storage-for-new-comed-microgrid-project-in-chicago-300648647.html
SOURCE Lockheed Martin

Article Date
5/15/2018
Close
3/15/2018 - Baltimore Gas and Electric and Proterra Deploy Nation's First Electric Shuttle Buses at a Utility Campus
X
Baltimore Gas and Electric and Proterra Deploy Nation's First Electric Shuttle Buses at a Utility Campus
Source: PR Newswire
Orignial Article: https://www.prnewswire.co...
BALTIMORE, March 15, 2018 /PRNewswire/ -- Today Proterra, the leading innovator in heavy-duty electric transportation, announced that Baltimore Gas and Electric (BGE), a subsidiary of Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, will deploy two new 40' Proterra Catalyst^® E2 vehicles to shuttle employees between BGE's headquarters in downtown Baltimore and its Spring Gardens campus in south Baltimore. The deployment reflects BGE's leadership in fleet electrification as part of a broader grid modernization strategy and comes on the heels of the State of Maryland's commitment to uphold the Paris Climate Accord. Already, Maryland is on track to meet its goal of reducing its emissions by 25 percent by 2020, and these two new electric shuttles will displace more than 11,000 gallons of diesel and eliminate more than 480,000 pounds of greenhouse gas (CO2e) emissions annually. As Maryland's largest utility, BGE's deployment sets the utility apart as a pioneer, advancing Maryland's transition to electric transportation and grid innovation.
"As BGE looks at innovative ways to support our customers' growing interest in electric vehicles, we must be able to support not only our residential customers, but also our commercial and industrial customers," said Baltimore Gas and Electric CEO, Calvin Butler. "This is why we are thrilled to be the first utility to deploy heavy-duty electric shuttle buses and interoperable charging infrastructure which will not only provide an efficient way to get our employees from one location to another, but will also serve as active research lab that will help us plan for and build out the infrastructure necessary to support other fleets across our service area. We look forward to partnering with Proterra, as we build a market that supports our electrification and grid modernization goals."
The procurement was funded in part by a $20K voucher per bus provided by the Maryland Freedom Fleet Voucher Program. These are the first electric buses to receive this voucher from the State of Maryland. Now, with access to Proterra battery-electric buses, BGE employees will be able to enjoy the combined benefits of zero-emission transit technology, including improved local air quality and a modern, quiet rider experience.
Designed for efficiency and manufactured for durability, Proterra's 40' Catalyst E2 series achieves 22 MPGe, while conventional diesel buses average 3.86 MPG. These buses will utilize Combined Charging System (CCS) plug-in DC fast chargers, enabling interoperability with multiple vehicle types, including passenger cars and trucks to utilize the same charging equipment and ultimately lower infrastructure costs for all electric vehicles.
This heavy-duty electric vehicle shuttle program will inform future Baltimore Gas and Electric decisions on EV fleet integration, interoperable charging infrastructure and EV rate design, ultimately supporting a statewide electrification strategy. Currently, BGE offers its electric vehicle customers a reduced electric rate during off-peak hours to save EV drivers more money on their monthly electricity bill.
"Utility support of innovative electric vehicle programs and grid transformation is critical as more consumers and transit providers opt for EVs, presenting both system wide opportunities and challenges along the way," said Proterra CEO Ryan Popple. "We're grateful to partner with BGE, a utility that is thinking big about the future of electrification, and supporting BGE through this technological transition as well as optimizing around an interconnected, distributed energy future."
About Baltimore Gas and Electric (BGE):
BGE, founded in 1816 as the nation's first gas utility and headquartered in Baltimore, is Maryland's largest natural gas and electric utility. The company's approximately 3,200 employees are committed to safe and reliable power delivery to more than 1.25 million electric customers and more than 650,000 natural gas customers in central Maryland, as well as enhanced energy management, conservation, environmental stewardship and community assistance. J.D. Power's 2017 Electric Utility Business Customer Satisfaction Study SM ranked BGE highest in customer satisfaction with business electric service in the east among large utilities. The company also has an estimated annual economic impact of $5 billion of output in its service area, supporting more than 9,500 local jobs and producing $923 million in labor income. BGE is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider. 
About Proterra:
Proterra is a leader in the design and manufacture of zero-emission heavy-duty vehicles, enabling bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to local communities across North America. With more than 546 vehicles sold to 67 different municipal, university, airport, federal and commercial transit agencies in 30 states, Proterra is committed to providing state of the art, high performance vehicles to meet today's growing market demand. The company's configurable Catalyst platform is capable of serving the full daily mileage needs of nearly every transit route on a single charge. With unmatched durability and energy efficiency based on rigorous U.S. certification testing, Proterra products are proudly designed, engineered and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles. For more information, visit: http://www.proterra.com and follow us on Twitter @Proterra_Inc.
 
View original content with multimedia:http://www.prnewswire.com/news-releases/baltimore-gas-and-electric-and-proterra-deploy-nations-first-electric-shuttle-buses-at-a-utility-campus-300614513.html
SOURCE Proterra

Article Date
3/15/2018
Close
3/1/2018 - Craig Adams to Retire as President and CEO of PECO
X
Craig Adams to Retire as President and CEO of PECO
Source: PR Newswire
Orignial Article: https://www.prnewswire.co...
PHILADELPHIA, March 1, 2018 /PRNewswire/ -- Denis O'Brien, senior executive vice president of Exelon Corporation and CEO of Exelon Utilities, and the PECO Board of Directors announced today that Craig Adams will retire as President and CEO of PECO, effective Friday, March 30, 2018. At that time, he will be succeeded by Mike Innocenzo, currently PECO Senior Vice President and Chief Operating Officer. Innocenzo will also assume Adams' role as Executive Vice President of Exelon Corporation.
During his more than 30-year career, Adams served in various leadership roles at PECO and Exelon, including Senior Vice President and COO of PECO, Chief Supply Officer for Exelon Business Services Company and as Senior Vice President for Operations Support for PECO and its sister utility, Commonwealth Edison (ComEd), which serves northern Illinois. Adams began his energy industry career with Public Service Electric and Gas Company (PSE&G) in New Jersey and is a veteran of the United States Army.
Under his leadership of Pennsylvania's largest electric and natural gas distribution company, Adams maintained and enhanced PECO's reputation as an industry front-runner. His many accomplishments include positioning PECO as a technological leader in the utility space through the implementation of the company's advanced grid and meter infrastructure project, also known as Smart Grid - the largest and one of the most significant investments in the company's history. The project led to increases in service reliability, provided new customer tools and set the groundwork for future technological enhancements.
His passionate focus on diversity and inclusion empowered employees to embrace authenticity in the workplace, increased hiring opportunities for diverse candidates and created business opportunities for diverse vendors and business partners from the communities that PECO serves. 
Several recent awards for emergency response, safety and environmental commitment illustrate the culture Adams sought to create at PECO. For two consecutive years, the company was ranked among "America's Best Employers" by Forbes Magazine. In addition, PECO was named 2016 Corporation of the Year by the Eastern Minority Supplier Development Council.
A dedicated and active corporate citizen, Adams served on the boards of the American Gas Association and the Energy Association of Pennsylvania. He also directed the company's annual multimillion-dollar support of community and nonprofit organizations throughout the region. Personally, he served five years as chairman of LEADERSHIP Philadelphia, a nonprofit network that mobilizes and connects the talent of the private sector to serve the community, and also served as Board Chair of the Camphill Special School.
"Leaders like Craig don't come around very often," said O'Brien. "Even beyond his focus on operational excellence and dedication to improving the customer experience, he was one of the most accessible CEOs I've ever seen."
"This has been one of the most fulfilling jobs a person could have," said Adams. "I've achieved what I wanted to do at PECO, and I look forward to enjoying more time with my family and beginning the next chapter of my life. I will miss the friendship and support of the people I have come to know as my family at PECO, but I know that with Mike at the helm, I'm leaving the company in the most capable hands possible."
Innocenzo started his career with PECO in 1988 and has held a number of leadership roles in departments including Gas Operations, Quality Service, Performance Improvement, and Electric Operations. Before assuming his most recent role in 2013 as Senior Vice President and COO, he served as Vice President of Distribution System Operations and Advanced Grid and Meter Technology.
Active in the community, Innocenzo serves on the boards of the Philadelphia Free Library, the Philadelphia Police Athletic League (PAL), and the Southeastern Electric Exchange. Innocenzo also led special projects with the Edison Electric Institute and the North American Electric Reliability Corporation. Innocenzo holds a Bachelor's Degree in electrical engineering from Widener University, and an MBA from Villanova University.
"Mike was a natural choice as Craig's successor, and we are thrilled that he has accepted the mantle of leadership. He knows PECO intimately and is already a critical driver behind our business today," said O'Brien. "Mike has the experience and strategic vision to see where PECO needs to go and make it happen."
PECO, founded in 1881, is Pennsylvania's largest electric and natural gas utility.  Headquartered in Philadelphia, PECO delivers energy to more than 1.6 million electric customers and more than 516,000 natural gas customers in southeastern, Pennsylvania.  The company's 2,500 employees are dedicated to the safe and reliable delivery of electricity and natural gas as well as enhanced energy management conservation, environmental stewardship and community assistance.  PECO was named 2017 Best Mid-size Employer in Philadelphia by Forbes Magazine. The company also has an estimated annual economic impact of $4.3 billion in Pennsylvania, supporting more than 8,700 local jobs and producing $732 million in labor income.  PECO is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's only Fortune 100 utility and leading competitive energy provider. For more information visit PECO.com, and connect with the company on Facebook and Twitter.
If you are a member of the media and would like to receive PECO news releases via email, please send your email address to PECO.Communication@exeloncorp.com.
Contact:         
PECO Communications                                                  
PECO
2301 Market Street, S14-1
Philadelphia, PA 19103
215-841-5555
PECO.Communication@exeloncorp.com
View original content with multimedia:http://www.prnewswire.com/news-releases/craig-adams-to-retire-as-president-and-ceo-of-peco-300606799.html
SOURCE PECO

Article Date
3/1/2018
Close
3/1/2018 - Bernhard Capital Announces Acquisition of W.A. Chester from Exelon
X
Bernhard Capital Announces Acquisition of W.A. Chester from Exelon
Source: PR Newswire
Orignial Article: https://www.prnewswire.co...
BATON ROUGE, La., March 1, 2018 /PRNewswire/ -- A group of investors led by Bernhard Capital Partners Management, LP ("Bernhard Capital"), a services-focused private equity management firm, today announced that it has acquired W.A. Chester from Exelon Corporation (NYSE: EXC). Terms of the transaction were not disclosed.
W.A. Chester began as the Henry Ihle Company, which was founded in Canada in the 1930's, and has grown to become the industry-leading electrical contractor for installation, maintenance and repair of underground high voltage cable transmission and distribution systems. W.A. Chester primarily operates out of its headquarters in Lanham, MD and field offices in Washington, D.C. and Charles Town, WV, from which W.A. Chester executes projects nationwide. W.A. Chester became part of Exelon through the merger of Pepco Holdings, Inc. and Exelon Corporation in March 2016.
Through its newly formed T&D services platform, Bernhard Capital intends to deploy additional capital to add capabilities that will complement W.A. Chester's leadership in underground transmission and distribution services. The W.A. Chester management team will be led by Frank Musick, who currently serves as Senior Vice President and COO. Robert Thompson, who currently serves as President and CEO, will retire on March 31^st and will continue to support W.A Chester in an advisory capacity. W.A. Chester will continue to operate out of its Lanham, MD headquarters.
"We are thrilled to acquire W.A. Chester, which has established itself as a premier electrical contractor over the past 90 years," said Ali Azad, Operating Partner at Bernhard Capital. "We look forward to working with W.A. Chester's talented management team to drive their continued success as a premier transmission and distribution specialty contractor."
"This transaction allows W.A. Chester to continue its focus on its core market of installation and maintenance of underground high-voltage transmission cable and underground distribution infrastructure for electric utilities," said Ron DeGregorio, President, Exelon Power. "We look forward to W.A. Chester's continued success under its new ownership."
The transaction was finalized on February 28, 2018.
About W.A. Chester
W.A. Chester is the industry-leading electrical contractor for installation, maintenance and repair of underground high voltage cable transmission and distribution systems. W.A. Chester's clients are the nation's electric utility companies and independent power producers. W.A. Chester works throughout the United States and Canada and is one of three specialty contractors performing this type of work on a national basis. In addition to underground systems, W.A. Chester has expanded its services to include installation, maintenance and repair of overhead electric distribution cable systems.
About Bernhard Capital Partners
Bernhard Capital Partners ("Bernhard Capital") is a services-focused private equity management firm established in 2013 by Jim Bernhard, Jeff Jenkins and a team of experienced private-equity professionals. Bernhard Capital seeks to create sustainable value by leveraging its founding partners' experience in acquiring, operating and growing services businesses. From strategic industry insight to operational efficiencies and best-practice management, Bernhard Capital provides resources far beyond its investments. www.bernhardcapital.com 
About Exelon
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of utility customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2016 revenue of $31.4 billion. Exelon's six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 35,500 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 2.2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon
Media Contacts:
Ed Trissel / Julie Oakes 
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
Deena O'Brien
Exelon Generation
610-765-5331
View original content:http://www.prnewswire.com/news-releases/bernhard-capital-announces-acquisition-of-wa-chester-from-exelon-300606615.html
SOURCE Bernhard Capital Partners Management, LP

Article Date
3/1/2018
Close
3/31/2017 - Entergy Completes Sale of James A. FitzPatrick Nuclear Power Plant to Exelon
X
Entergy Completes Sale of James A. FitzPatrick Nuclear Power Plant to Exelon
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
SCRIBA, N.Y., March 31, 2017 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) completed the sale today of the James A. FitzPatrick Nuclear Power Plant in Scriba, NY, to Exelon Generation (NYSE: EXC). The transaction is another step in Entergy's exit from its merchant power business.
The completion of the transaction marks the culmination of months of preparation by employees from Entergy and Exelon to ensure a seamless transfer of the plant's federal operating license and many of FitzPatrick's approximately 600 employees to its new owner.
Entergy and Exelon announced the planned sale of FitzPatrick in August 2016, after Entergy announced its intention to close the plant in January 2017.  A critical factor was enactment of New York State's Clean Energy Standard program, approved in 2016, that recognizes the zero emission attributes of New York's nuclear power plants.
FitzPatrick completed a refueling and maintenance outage in February that will enable the plant to run for another operating cycle. The 838-megawatt plant generates carbon-free electricity for more than 800,000 homes and businesses.
About Entergy
Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 9,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of approximately $10.8 billion and nearly 13,000 employees.
Entergy's online address is entergy.com
                                                                                                                                     
SOURCE Entergy Corporation

Article Date
3/31/2017
Close
3/14/2017 - Schneider Electric to Help Enable Energy Resiliency at USMC Logisitics Base
X
Schneider Electric to Help Enable Energy Resiliency at USMC Logisitics Base
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
ANDOVER, Mass., March 14, 2017 /PRNewswire/ -- Schneider Electric, the global specialist in energy management and automation, today announced it has been awarded a subcontract from Constellation, a subsidiary of Exelon Corp., to support the development of smart controls as part of an energy savings performance contract at the U.S. Marine Corps Logistics Base (MCLB) in Albany, Georgia.
Energy security and resiliency is a priority for military installations tasked with keeping personnel safe through rebuilding and repairing ground combat and combat support equipment, as well as support of installations on the East Coast of the United States.
In late 2016, Constellation was selected by Naval Facilities Engineering Command (NAVFAC) to implement a $170 million, 23-year energy savings performance contract, providing energy conservation measures and distributed generation for MCLB. The project includes the installation of an 8.5-megawatt biomass-fueled, steam-to-electricity (STE) generator, high-efficiency transformers, lighting and boiler upgrades, as well as system controls for a landfill gas electricity generator and centralized monitoring and operation of electricity generation and distribution for the base.
Under the Constellation contract, innovative controls, designed and installed by Schneider Electric, will be the backbone of the system controls to reduce energy use, increase energy security and meet energy demand from renewable sources at MCLB. These controls will manage the base's distributed energy resources (DER) as well as optimize energy efficiency and "Net Zero" resiliency at the base. Schneider Electric will also provide cybersecurity, ongoing system maintenance and energy optimization services.
"By bringing together distributed energy resources and managing their use through innovative controls, the U.S. Marine Corps Logistics Base gains the ability to determine its energy future through reliable energy management and the use of renewable energy resources," said Mark Feasel, Vice President, Electric Utility Segment, Smart Grid & Microgrid at Schneider Electric. "Working with Constellation and the ecosystem project partners to effectively manage energy gives the U.S. Marine Corps Logistics Base flexibility in energy generation to be more efficient, more reliable and more sustainable well into the future."
Data warehousing software will provide the ability to "island" and control distributed energy resources. Schneider Electric will also provide services enabling upgrades to allow for remote start and stop, and real and reactive power production control. Other Schneider Electric services will enable remote monitoring, visualization and reporting of energy loads, and flexibility of generation control to achieve "Net Zero" energy consumption. These tools will improve the reliability and resiliency of the MCLB Albany's electrical distribution grid to decrease outage time.
For more information about Schneider Electric's advanced grid solutions, please visit www.schneider-electric.com/microgrid.
About Schneider Electric
Schneider Electric is the global specialist in energy management and automation. With revenues of $26 billion US dollars (25 billion euros) in FY2016, our 160,000+ employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this Life Is On.
http://www.schneider-electric.us/en/
About Constellation
Constellation is a leading competitive energy company providing power, natural gas and energy products and services for homes and businesses across the continental United States. Constellation serves more than 2.2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Constellation is a subsidiary of Exelon Corporation, the nation's leading competitive energy provider, with 2016 revenues of approximately $31.4 billion, and more than 32,700 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. Learn more at www.constellation.com or on Twitter at @ConstellationEG.
 
SOURCE Schneider Electric

Article Date
3/14/2017
Close
1/18/2017 - RES Announces Substantial Completion of 198 MW Bluestem Wind Project
X
RES Announces Substantial Completion of 198 MW Bluestem Wind Project
Source: PR Newswire
BROOMFIELD, Colo., Jan. 18, 2017 /PRNewswire/ -- Renewable Energy Systems (RES), a leader in the development, engineering, and construction of wind, solar, transmission, and energy storage projects in the Americas, is pleased to announce substantial completion of the Bluestem Wind Project located in Beaver County, Oklahoma. The project, which consists of 60 Vestas V117-3.3 MW™ turbines, will distribute power via OG&E's transmission system, feeding the grids of cities and industries across the state, in addition to the broader Southwest Power Pool region. The project is expected to generate approximately 845,000 MWh per year, enough electricity to power 77,000 U.S. homes.
RES developed the project and also served as the engineering, procurement, and construction contractor. The project is RES' seventh operational wind farm in Oklahoma and the first in the state for Exelon Generation, who purchased the project in December 2015.
In December of 2015, Google announced a power purchase agreement with Bluestem Wind, advancing Google's goal to provide 100 percent of its energy from renewable resources. Google, who buys electricity from local grids to power its data centers across the country, has purchased approximately 572 megawatts of Oklahoma wind to date – more than 10 percent of the state's wind capacity.
"RES is proud of the collaborative environment that was fostered on site with Exelon, Vestas, and the community to make this project so successful," said Ivor Cato, Chief Executive Officer of RES. "We look forward to creating yet more renewable energy solutions in order to grow the economy and provide more jobs."
RES employed nearly 500 workers during project construction, with a peak daily workforce of over 200 people at the height of construction. RES logged over 330,000 man-hours to safely deliver the project ahead of the COD deadline. In addition to collaborating with local contractors and employing local labor, RES contributed an estimated $6 million to the economy of Beaver County, Oklahoma, diverted over 70% of project waste from the landfill, and participated in community programs and events such as the Beaver County Food Bank, the City of Beaver Library Summer Reading Program, and the Beaver County Youth Rodeo.
About RES
Renewable Energy Systems (RES) is a leading global renewable energy company. RES has constructed over 160 renewable energy projects with a total capacity of more than 12,000-megawatts (MW) around the world. RES has been active in North America since 1997, and has a renewable energy and storage construction portfolio that exceeds 9,000 MW and over 100 projects, and has constructed more than 1,000 miles of overhead and transmission lines. In addition, RES has a robust development pipeline of wind, solar, and energy storage projects across North America, and the company currently operates more than 250 MW of renewable energy and storage projects. For more information visit http://www.res-group.com/en/.
About Exelon Corporation
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of utility customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2015 revenue of $34.5 billion. Exelon's six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 32,700 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon.
About Vestas
Vestas is the energy industry's global partner on wind power solutions. We design, manufacture, install, and service wind turbines across the globe, and with 78 GW of wind turbines in 75 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled 68 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas' more than 21,900 employees are bringing the world sustainable energy solutions to power a bright future
Media Contacts
RES	Exelon Generation	Vestas
Raheleh Folkerts	Bill Harris	Chante Condit-Pottol
303.439.4200	512.542.7812	503.708.6668
raheleh.folkerts@res-group.com	Williamp.harris@exeloncorp.com	chcpo@vestas.com
 
SOURCE Renewable Energy Systems

Article Date
1/18/2017
Close
12/14/2016 - Future Energy Jobs Bill Already Delivering Job Growth, Economic Impact
X
Future Energy Jobs Bill Already Delivering Job Growth, Economic Impact
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
CLINTON and QUAD CITIES, Ill., Dec. 14, 2016 /PRNewswire/ -- One week after the Future Energy Jobs Bill was signed into law by Gov. Bruce Rauner, the legislation is already delivering new jobs and economic benefits to the region. Exelon plans to fast track multiple capital projects at the Quad Cities and Clinton nuclear plants to enhance long-term equipment reliability, improve safety and ensure regulatory compliance.
"Now that it's been enacted into law, the Future Energy Jobs Bill is already starting to create jobs and economic growth for Illinois families and businesses," said Bryan Hanson, Exelon Generation's Chief Nuclear Officer. "These plants are massive economic engines in their local communities, generating approximately $1.2 billion in economic impact each year. That will only increase once we get these large capital projects underway."
The Quad Cities project list includes installation of a hardened venting system, plant computer upgrades, and enhancements to the control room simulator, which is used to train reactor operators. The Clinton list includes upgrades to the plant's main generator, replacement of an auxiliary transformer and upgrades to a pump motor that controls water flow outside the reactor. These projects and others were cancelled or put on hold as Exelon prepared to retire Clinton in June 2017 and Quad Cities the following year. However, under the new law, these projects are back on track.
Exelon will hire more than 400 permanent employees to assist with the capital projects. These hires are in addition to the more than 3,000 electricians, pipe fitters, welders, laborers and contractors hired each year to perform refueling outages at the plants. Many of these workers come from local union halls.
"Opponents of the Future Energy Jobs Bill called it a bailout, but that's a ridiculous argument," said Rory Washburn, executive director of the Quad Cities area's Tri City Building Trades Council. "This legislation is already creating good paying jobs for Illinois families and leveling the playing field so our safe and well run nuclear facilities can compete fairly with other subsidized sources of clean energy."
The Future Energy Jobs Bill was passed by the Illinois legislature Dec. 1 and was signed by Gov. Rauner on Dec. 7. The measure ensures the continued operations of Clinton and Quad Cities for at least 10 years and protects 4,200 related jobs. The legislation also preserves competitive rates in Illinois, expands energy efficiency programs to drive customer savings, and positions Illinois as a leader in zero-carbon electricity. The bill provides stable, predictable funding for renewable development, providing $180 million per year — growing to $220 million per year — in funding for renewable resources, including new wind power, large-scale solar power, and rooftop and community solar.
The bill received broad support from more than 200 business, labor, environmental, faith-based and other groups, including the AFL-CIO, IBEW, Chicagoland Chamber of Commerce and Illinois Retail Merchants Association. It also had support from members of the Clean Jobs Coalition, including the Citizens Utility Board, Natural Resources Defense Council, Sierra Club, Environmental Defense Fund and others.
"The Future Energy Jobs Bill is wonderful news for area businesses," said Marian Brisard, executive director of the Clinton Area Chamber of Commerce. "Restarting these capital projects will bring new jobs, millions in local purchasing and heavy foot traffic back to area retailers."
Along with preserving two of the state's reliable and efficient nuclear power plants, passage of the bill secures competitive electric rates, protects and creates good-paying jobs, and spurs billions of dollars in investment in clean energy and energy efficiency across the state. It also levels the playing field with solar and wind energy by valuing the zero-carbon energy produced by the nuclear facilities. Ninety percent of the zero-carbon energy produced in Illinois comes from the state's nuclear facilities.
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of utility customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2015 revenue of $34.5 billion. Exelon's six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 32,700 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon.
 
SOURCE Exelon Generation

Article Date
12/14/2016
Close
9/7/2016 - Exelon Nuclear Stations Deliver When Summer Heats Up
X
Exelon Nuclear Stations Deliver When Summer Heats Up
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
KENNETT SQUARE, Pa., Sept. 7, 2016 /PRNewswire/ -- Exelon's fleet of 13 nuclear power plants ran at an average 96.9 percent capacity factor through June, July and August, despite hotter than average summer temperatures and more than 30 hot weather alerts from regional grid operators. Capacity factors are used throughout the nuclear industry to track operational performance and reliability.
According to the National Oceanic Atmospheric Administration, June and July 2016 recorded the warmest average temperatures since 2012 for Illinois and Pennsylvania, and since 2013 for New Jersey, New York and Maryland – the five states where Exelon owns and operates nuclear plants.
"Nuclear facilities are by far the most reliable source of energy during extreme weather conditions," said Bryan Hanson, president and chief nuclear officer of Exelon's nuclear fleet. "Nuclear is also the cleanest source of baseload power during weather events, providing about 63 percent of the nation's carbon-free electricity."
When temperatures rise, regional grid operators issue hot weather alerts, which signal generation facilities to avoid or reschedule maintenance and testing activities that could cause a loss of generation to the grid. This summer, all 13 Exelon nuclear facilities ran at their maximum allowable power levels during those hot weather alerts, providing 24/7carbon-free baseload power to offset higher demand.
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of utility customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2015 revenue of $34.5 billion. Exelon's six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 32,700 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon.
 
SOURCE Exelon Generation

Article Date
9/7/2016
Close
9/1/2016 - PGA of America Names Constellation 'Official Energy Provider and Sustainability Partner' for the PGA and its Major Championships
X
PGA of America Names Constellation 'Official Energy Provider and Sustainability Partner' for the PGA and its Major Championships
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
PALM BEACH GARDENS, Fla., Sept. 1, 2016 /PRNewswire/ -- In a transformative, multi-year agreement, PGA of America has named leading competitive energy and services company Constellation its "Official Energy Provider and Sustainability Partner." Constellation will work with the PGA to conduct energy efficiency analyses and recommend an actionable sustainability strategy and energy management program in an effort reduce the environmental impact of the organization. To kick off the partnership, Constellation will minimize the carbon footprint of the 2016 Ryder Cup at Hazeltine National Golf Club. 
Constellation will become an energy and sustainability partner of the PGA of America, PGA Championship, KitchenAid Senior PGA Championship, KPMG Women's PGA Championship and the Ryder Cup, when based in the United States. As part of the agreement, Constellation will minimize the environmental impact of these signature events, as well as PGA of America properties through Green-e® Energy Certified* Renewable Energy Certificates (RECs)*.
"This is a historic day for the PGA of America, as our partnership with Constellation will bring us into the next generation of energy conservation and environmental awareness," said PGA of America CEO Pete Bevacqua. "We are absolutely delighted that Constellation has partnered with the PGA to deliver their transformative expertise on clean energy, in order to establish a groundbreaking, impactful green signature throughout our iconic major championships and facilities, as well as educate PGA members and the golf industry on state-of-the-art green initiatives."
Constellation, a subsidiary of Exelon Corporation (NYSE: EXC), serves approximately 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Constellation maintains energy provider relationships with professional sports organizations including the NHL, numerous MLB, NBA, and NFL sports teams.
"Constellation is proud to partner with the PGA of America to achieve its energy and environmental goals and to increase awareness of responsible energy use among its members and the golf industry," said Joe Nigro, CEO of Constellation. "Their commitment to energy conservation serves as an example for the sports industry, fans and communities. We look forward to working together toward a more sustainable future."
The PGA of America and Constellation will also work together to promote responsible energy use and increase awareness around green initiatives in the golf industry, through communications that educate PGA Professionals and fans on the impact of the partnership. 
"With over 25 million players annually, golf plays an important role in our efforts to leverage the cultural and market influence of sports to promote healthy, sustainable communities where we live and play," said Justin Zeulner, executive director and co-founder of the Green Sports Alliance. "We commend the PGA of America for their commitment to sustainability and are proud that they have chosen Constellation, an inaugural GSA member, as their official energy and sustainability partner."
This agreement builds upon the PGA of America's and the golf industry's commitment to green energy and conservation. 77 percent of 18-hole golf facilities in the United States have already taken steps to conserve energy, while 66 percent of golf course facilities have completed upgrades to irrigation systems in the past 10 years. In addition, more than 90 percent of acreage on an 18-hole golf course is considered green space that provides benefits to the eco-system.

Similarly, golf's use of water, frequently among the largest contributors to courses energy use, continues to improve. As an industry, a new Golf Course Superintendents Association of America (GCSAA) study shows courses reduced water use by nearly 22 percent from 2005-2013. As well, increased use of recycled water supported usage reductions from other sources, such as municipal or potable water.
Golf courses account for more than 2 million acres of green space in the United States.
About the PGA of America
For more information about the PGA of America, visit PGAMediaCenter.com, follow @PGAofAmerica on Twitter and find us on Facebook.
About Constellation
Constellation is a leading competitive retail supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Constellation's family of retail businesses serves approximately 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Baltimore-based Constellation is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with 2015 revenues of approximately $34.5 billion, and more than 32,700 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. Learn more at www.constellation.com or on Twitter at @ConstellationEG.
About the Green Sports Alliance
The Green Sports Alliance leverages the cultural and market influence of sports to promote healthy, sustainable communities where we live and play. The nonprofit does so by inspiring sports leagues, teams, venues, their partners, and millions of fans to embrace renewable energy, healthy food, recycling, water efficiency, species preservation, safer chemicals, and other environmentally preferable practices. Alliance members represent over 370 sports teams and venues from 20 different sports leagues and 14 countries. Visit greensportsalliance.org for more information.
* Green-e Energy certifies that renewable energy certificates meet the minimum environmental and consumer protection standards established by the non-profit Center for Resource Solutions. For more information on Green-e Energy certification requirements, call 1-888-63-GREEN or log on to www.green-e.org.
Photo - http://photos.prnewswire.com/prnh/20160831/403306
 
SOURCE PGA of America

Article Date
9/1/2016
Close
7/13/2016 - Entergy in Discussions for the Potential Sale of the James A. FitzPatrick Nuclear Power Plant to Exelon
X
Entergy in Discussions for the Potential Sale of the James A. FitzPatrick Nuclear Power Plant to Exelon
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
SCRIBA, N.Y., July 13, 2016 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) announced today that it is in discussions with Exelon Corporation (NYSE: EXC) for the potential sale of the James A. FitzPatrick Nuclear Power Plant in Scriba, NY. 
The discussions with Exelon are consistent with Entergy's commitment to consider any viable option that would allow FitzPatrick to remain in operation. Entergy announced in November 2015 that it planned to shut down and decommission the FitzPatrick plant, later setting the timing to cease operations as late January 2017. 
"In keeping with our corporate strategy to move away from merchant power and toward a pure-play utility, we are working with Exelon to come to commercial terms on a sale transaction that depends largely on the final terms and timeliness of the New York State Clean Energy Standard," said Entergy Wholesale Commodities President Bill Mohl. "We thank New York Governor Andrew Cuomo for his leadership in promoting the Clean Energy Standard, which provides incentives for financially strapped nuclear power plants."
In addition to the Clean Energy Standard, any transaction between Entergy and Exelon would be subject to completion of definitive commercial agreements, including conditions, as well as regulatory approvals.
If discussions between Entergy and Exelon do not result in an agreement for the sale and transfer of ownership of FitzPatrick, Entergy will move forward with its current plan to cease operations, followed by decommissioning.
"Our focus remains on providing employees and the community the best opportunity we can to prepare for either a transition to a new owner or a shutdown and decommissioning," said Brian Sullivan, site vice president and Entergy's top official at FitzPatrick.
Entergy's discussions with Exelon provide the opportunity for a potentially different outcome for FitzPatrick, and therefore require the plant to proceed along two parallel paths: preparing for the plant's permanent shutdown and decommissioning under the current plan, while also preparing for a possible refueling and continued operation in the event of a sale.
Negotiations with Exelon are ongoing, with a target for completion in mid-August, therefore Entergy said it cannot yet describe the material terms of any definitive agreement that it may enter into with Exelon. 
About FitzPatrick and Entergy
The FitzPatrick Nuclear Power Plant generates 838 megawatts of nearly carbon-free electricity, enough to power more than 800,000 homes. Additional information regarding today's announcement is available at www.entergy.com and www.FitzPatrickPower.com/Operational-Update.  
Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 10,000 megawatts of nuclear power. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of approximately $11.5 billion and more than 13,000 employees.
Cautionary Note Regarding Forward-Looking Statements 
In this news release, and from time to time, Entergy Corporation makes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other things, Entergy's plans and expectations with respect to a potential sale of FitzPatrick or the future operations of the plant, and other statements of Entergy's plans, beliefs or expectations included in this news release. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Forward-looking statements are subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this news release and in Entergy's most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q and Entergy's other reports and filings made under the Securities Exchange Act of 1934; (b) nuclear plant operating and regulatory risks; (c) legislative and regulatory actions and risks and uncertainties associated with claims or litigation by or against Entergy and its subsidiaries; (d) risks and uncertainties associated with strategic transactions that Entergy or its subsidiaries may undertake, including the risk that any such transaction may not be completed as and when expected and the risk that the anticipated benefits of the transaction may not be realized and (e) economic conditions and conditions in commodity and capital markets during the periods covered by the forward-looking statements.
Logo - http://photos.prnewswire.com/prnh/20120913/MM74349LOGO
SOURCE Entergy Corporation

Article Date
7/13/2016
Close
5/24/2016 - More Than 1,500 Exelon Employees And Supporters Rally In Springfield, Urging Immediate Action On The Next Generation Energy Plan
X
More Than 1,500 Exelon Employees And Supporters Rally In Springfield, Urging Immediate Action On The Next Generation Energy Plan
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
SPRINGFIELD, Ill., May 24, 2016 /PRNewswire/ -- Today, more than 1,500 Illinoisans, including community leaders, elected officials, nuclear plant employees and business leaders rallied in Springfield to voice their support for the Next Generation Energy Plan, legislation currently pending before the Illinois General Assembly.
If passed this session, the bill will help drive Illinois' clean energy future while saving and creating thousands of jobs and strengthening the state's economy. By jumpstarting solar energy and preserving two at-risk nuclear plants, the Next Generation Energy Plan will also help Illinois avoid a large increase in carbon emissions and other pollution. Among the many benefits, the legislation will:
• Grow Illinois' supply of solar energy from less than 60 megawatts on the grid now to over 1,650 megawatts by 2030;
• Introduce a Zero Emission Standard that will make Illinois one of the first states to recognize the zero-carbon benefits of nuclear power;
• Enhance the reliability and security of the power grid;
• Reduce the fixed customer charge, creating more equitable rates and giving customers more control over their bills;
• Nearly double energy efficiency programs to create $4 billion in energy savings – the equivalent of taking 18 million cars off the road; and
• Provide $1 billion of funding for low income assistance.
"This comprehensive energy legislation is an all-of-the-above approach, including the preservation of Illinois' at-risk nuclear plants, the Clinton Power Station and the Quad Cities Generation Station," said Bryan Hanson, President and Chief Nuclear Officer for Exelon Nuclear. "The bill's economic and environmental benefits for Illinois far outweigh the costs of inaction, which is why we're urging Illinois policymakers to pass this legislation now – before it's too late."
The NGEP includes implementation of a zero emission standard that would specifically target at-risk nuclear plants, making Illinois one of the first states to recognize the zero-carbon benefits of nuclear energy. It would preserve more than $1.2 billion in economic activity and 4,200 direct and indirect jobs associated with Quad Cities and Clinton.
"Passing the Next Generation Energy Plan before the end of session is critical for Illinois' clean energy future, the state's economy and thousands of Illinois families, which is why there was such a huge turnout today," said State Senator Donne Trotter. "I'm proud to sponsor this legislation to protect and create thousands of new jobs, while preserving Illinois' low-carbon energy leadership and strengthening the reliability of our power grid. The Next Generation Energy Plan is truly a win-win approach."
Community and labor leaders from across Illinois were in attendance and echoed those sentiments.
"The overwhelming show of support we see today from the labor community, business leaders, environmentalists, elected officials and everyday families illustrates just a fraction of the Illinoisans that want to see this legislation passed by May 31^st," said Michael Carrigan, President of the Illinois AFL-CIO, who addressed the crowd in the state capitol building.
"The livelihood of working families and the future of Illinois' economy and environment are at stake," added Dean Apple, President of International Brotherhood of Electrical Workers Local 15. "Without action on the Next Generation Energy Plan, Illinois risks falling behind and losing jobs to other states. The state cannot afford to wait."
"We simply cannot afford to see Illinois' nuclear plants close," said Tara Barney, Quad Cities Chamber of Commerce President. "They support thousands of good-paying jobs for highly-skilled workers in our community and generate millions of dollars in annual tax revenue. The impact on our local and state economy would be devastating and would set Illinois back as a leader in clean energy production. We cannot afford a further delay on this legislation."
The legislation is estimated to have a modest impact of 25 cents per month on the average ComEd residential customer bill over the duration of the plan, while providing for the economic, environmental and societal impacts detailed above.
For more information, visit www.NextGenerationEnergyPlan.com.
Exelon Corporation (NYSE: EXC), now including the Pepco Holdings utilities, is the nation's leading competitive energy provider, with 2015 revenues of approximately $34.5 billion. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with more than 32,700 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Exelon's six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Follow Exelon on Twitter @Exelon.
 
SOURCE Exelon Generation

Article Date
5/24/2016
Close
4/25/2016 - Landmark Agreement with Exelon, U.S. Fish and Wildlife Service uses Cutting-edge Science to Drive Fishes' Return to Susquehanna River
X
Landmark Agreement with Exelon, U.S. Fish and Wildlife Service uses Cutting-edge Science to Drive Fishes' Return to Susquehanna River
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
KENNETT SQUARE, Pa., April 25, 2016 /PRNewswire/ -- Exelon Generation and the U.S. Fish and Wildlife Service today announced an agreement to restore American shad and river herring to the East Coast's largest river over the next 50 years. Shad and river herring are returning to their spawning grounds on the Susquehanna River at their lowest numbers since the 1980s. Exelon will improve fish passage facilities at Conowingo Dam and transport up to 100,000 American shad and 100,000 river herring annually to their spawning grounds above all four dams.
"With the support of the U.S. Fish and Wildlife Service and consent of the Maryland Department of Natural Resources, Exelon is pleased to be party to an agreement that takes a significant step toward the Fish and Wildlife Service's goals to restore American shad and river herring populations on the Susquehanna River," said Ron DeGregorio, President, Exelon Power, Senior Vice President, Exelon Generation. "The trap and transport program allows fish to bypass Holtwood, Safe Harbor and York Haven Dams to successfully reach their spawning grounds." 
Hundreds of thousands of American shad and river herring passed Conowingo Dam in 2001, but that number dwindled to less than 15,000 shad each of the last two years and less than 1,000 herring each year since 2003. The Service, along with other members of the Susquehanna River Anadromous Fish Restoration Cooperative, seeks to restore 2 million shad and 5 million herring above all dams.
"This is a victory for everyone who lives or recreates on the Susquehanna River and the Chesapeake Bay," said Wendi Weber, Northeast regional director for the U.S. Fish and Wildlife Service. "The agreement honors the science-based recommendations developed by the federal and state agencies that manage these resources. Along with upgrades at two upstream dams, we believe hydropower dams should no longer be the most limiting factor for shad on the East Coast's biggest river."
Unlike other agreements, the agreement announced today not only requires immediate restoration efforts, it also requires that efforts adapt over 50 years to support a growing fish population. Cutting-edge modeling will be used to upgrade Conowingo's two existing fish lifts to meet fish passage restoration goals.
The agreement also reiterates American eel restoration efforts originally outlined in the Muddy Run Pumped Storage Facility license. Eels will be trapped and transported upstream through at least 2030, after which a new structure will support passage. As eels migrate upstream, they distribute freshwater mussels that filter millions of gallons of water daily.
Exelon Corporation (NYSE: EXC), now including the Pepco Holdings utilities, is the nation's leading competitive energy provider. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with more than 32,700 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Exelon's six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Follow Exelon on Twitter @Exelon.
The mission of the U.S. Fish and Wildlife Service is working with others to conserve, protect, and enhance fish, wildlife, plants, and their habitats for the continuing benefit of the American people. We are both a leader and trusted partner in fish and wildlife conservation, known for our scientific excellence, stewardship of lands and natural resources, dedicated professionals, and commitment to public service. For more information on our work and the people who make it happen, visit http://www.fws.gov/northeast/. Connect with our Facebook page, follow our tweets, watch our YouTube Channel and download photos from our Flickr page.
 
SOURCE Exelon Generation

Article Date
4/25/2016
Close
4/19/2016 - Exelon Generation and RES Announce 10 MW Battery Storage Project
X
Exelon Generation and RES Announce 10 MW Battery Storage Project
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
KENNETT SQUARE, Pa., April 19, 2016 /PRNewswire/ -- 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 energy storage industry, will begin construction during the second quarter of 2016, with the battery storage units expected to be fully operational by the end of the year.
Three semi-trailer sized units will be housed next to a substation to allow for easy interconnection to electrical lines within the PJM grid. The entire storage unit footprint is less than one-third of an acre. Construction is expected to be completed by the fall of 2016. The monitoring, dispatch and control of the system will be handled by the RESolve energy platform, a proprietary technology developed by RES. RESolve will manage the system to maximize revenue and minimize battery degradation.
"Having constructed over 70 MW of energy storage projects with 140 MW of operational range throughout North America, RES is excited to work with Exelon to provide frequency regulation service to PJM," said Matthew Krivos, director, Energy Storage of RES. "We look forward to continuing to provide energy solutions to ensure longstanding benefits to the ever changing grid."
Battery storage facilities are an innovative, emerging technology that provide fast-response frequency regulation service to help electric grid operators manage the momentary mismatch between load and generation across the grid. The units take and return small amounts of electricity from the grid throughout the day and have the flexibility to discharge it within seconds, when needed.
"Exelon continues to invest in new technologies, such as battery storage, to further diversify our generation portfolio," said Corey Hessen, vice president, Exelon Generation Development. "Exelon's deployment of battery storage technology provides customers and grid operators with innovative solutions to meet their technical requirements and enhance system reliability."
The Clinton battery storage project will be powered by Samsung SDI's battery energy storage system, which uses lithium-ion batteries. Samsung SDI will provide more than 16,000 high-power batteries that are produced with top-quality and safety standards. The facility will also utilize five Parker Hannifin 2-MW power conversion systems, which use Parker's two-phase refrigerant cooling solution. The conversion systems are self-contained and require no chilled water or external condenser, allowing for more efficient operation and longer life.
"We are proud to have our advanced battery technology selected to be part of this Exelon project," remarked Sewoong Park, head of ESS Business at Samsung SDI. "We look forward to further collaborating with RES and Exelon as they continue to expand in the energy storage market."
Exelon Generation and RES closed the transaction on Feb. 1. This is the second joint project between the companies. In January, Exelon Generation and RES announced the 198 MW Bluestem Wind Project in Beaver County, Oklahoma, with a power purchase agreement executed with Google. RES will construct the Bluestem project for Exelon Generation this year. This is RES' 10^th energy storage project in North America and first utilizing Samsung SDI batteries.
Exelon will have a total of approximately 20 MW of battery storage capacity in its portfolio upon project completion: 10 MW through the Clinton battery storage project and nearly 10 MW through Exelon's competitive energy company, Constellation.
About Exelon Corporation                                                
Exelon Corporation (NYSE: EXC), now including the Pepco Holdings utilities, is the nation's leading competitive energy provider, with 2015 revenues of approximately $34.5 billion. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with more than 32,700 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Exelon's six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Follow Exelon on Twitter @Exelon.
About RES
Since 1997, RES has been providing development, engineering, construction, and operations services to the energy storage, solar, wind, transmission, and demand side management markets across the Americas. RES has a construction portfolio over 87MW and over 200 MW in development. RES currently operates 47.6 MW of energy storage projects using RESolve. The company employs more than 500 full-time professionals and has over 8,000 MW of utility-scale renewable energy and energy storage projects and has constructed more than 1,000 miles of transmission lines throughout the U.S., Canada, and Chile. RES' U.S. corporate office is located in Broomfield, CO with regional offices located in Austin, TX, Minneapolis, MN, Old Saybrook, CT, and San Francisco, CA. RES has developed and/or built over 10 GW of renewable energy capacity worldwide, has an asset management portfolio exceeding 1 GW, and is active in a range of renewable technologies including onshore wind, solar, energy storage, transmission, and demand side management.  For more information, visit www.res-group.com.
About Samsung SDI
Samsung SDI Co., Ltd., established in 1970, is an affiliate of the Samsung Group and has been the global leading manufacturer of lithium-ion batteries for Mobile Applications. Leveraging this position, Samsung SDI is focused on the technology leadership for electric vehicles and energy storage systems (ESS) and is recognized as a leader in supplying lithium-ion ESS batteries.
 
SOURCE Exelon Generation

Article Date
4/19/2016
Close
3/31/2016 - Federal Energy Regulatory Commission Issues Positive Order on Grid Assurance(TM) Filing
X
Federal Energy Regulatory Commission Issues Positive Order on Grid Assurance(TM) Filing
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
COLUMBUS, Ohio, March 31, 2016 /PRNewswire/ -- The Federal Energy Regulatory Commission (FERC) issued a positive order March 25 to Grid Assurance™ that provides regulatory clarity supporting transmission-owning entities participating in and subscribing to Grid Assurance™ as a way to strengthen transmission grid resiliency. Grid Assurance™ had requested determinations on several issues from FERC in December 2015.
Eight electric utilities and energy companies announced Grid Assurance™ on June 10, 2015 as a limited liability company that expects to offer subscribers cost-effective solutions for enhancing transmission grid resiliency and protecting customers from prolonged transmission outages. FERC initially recognized the benefits of Grid Assurance™ in an Aug. 7, 2015 order. The Grid Assurance™ consortium subsequently developed a Subscription Agreement and has received clarity from FERC in a declaratory order that enables broader transmission owner participation.
In the March 25 order, the FERC confirmed:
• the prudence of subscriber decisions to contract with Grid Assurance™ for sparing service and the prudence of purchasing spare equipment from Grid Assurance™ following a qualifying event;
• the availability of single-issue ratemaking to recover costs of purchasing sparing service and spare equipment from Grid Assurance™; and
• that affiliate rules are waived for Grid Assurance™, subject to certain conditions including submission of an annual information report from Grid Assurance™ that contains audited financial statements, information about the sparing service fee formula and information about sparing sales including cost and sale price. The annual information reporting requirement will begin a year from the start of sparing operations.
Grid Assurance™ continues to evaluate the order and will seek additional clarification from FERC, if necessary. Grid Assurance™ expects to begin marketing this service to transmission owners in the second quarter with subscriber acceptance, warehouse specification and inventory identification occurring over the next 18 months. Grid Assurance™ plans to own and maintain critical, long lead-time equipment at secure, strategically located warehouses and offer logistics support to facilitate the expedited movement of equipment to the affected sites following qualifying events. Qualifying events can include physical attacks, cyberattacks, electromagnetic pulses, catastrophic events, solar storms, earthquakes and severe weather events. Grid Assurance™ services are intended to complement transmission owners' existing programs as well as established industry initiatives.
About Grid Assurance™:
Affiliates of American Electric Power (NYSE:AEP), Berkshire Hathaway Energy, Duke Energy (NYSE:DUK), Edison International (NYSE:EIX), Eversource Energy (NYSE:ES), Exelon (NYSE:EXC), Great Plains Energy (NYSE:GXP), and Southern Company (NYSE:SO) are pursuing development of Grid Assurance™, a limited liability company, to offer subscribers cost-effective solutions for enhancing transmission grid resiliency. Recovery of the transmission grid can be hampered by long lead times required to build and deliver critical replacement equipment including large transformers, circuit breakers and other specialized electrical equipment. Grid Assurance™ will give subscribers economical access to critical equipment faster than traditionally possible.
Additional information available at www.GridAssurance.com
SOURCE American Electric Power

Article Date
3/31/2016
Close
1/22/2016 - Exelon Generation Applauds NYPSC Vote on Clean Energy
X
Exelon Generation Applauds NYPSC Vote on Clean Energy
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
KENNETT SQUARE, Pa., Jan. 21, 2016 /PRNewswire/ -- Exelon Generation commends the New York Public Service Commission for voting unanimously today to move forward with an ambitious Clean Energy Standard that values the vital environmental and economic benefits of nuclear energy.
As operator of one of the nation's leading clean energy fleets, Exelon Generation fully supports policies that promote the transition to low-carbon generation while avoiding the premature retirement of clean, safe and reliable nuclear facilities.
"We salute PSC Chair Audrey Zibelman and the full commission for their bold action today in support of clean energy, renewed private investment and lower rates for New York customers," said Joe Dominguez, Exelon's executive vice president of governmental and regulatory affairs and public policy. "Progressive energy policies will help ensure that Exelon's upstate nuclear stations can continue delivering zero-carbon electricity and driving local economies for many years to come. We look forward to working with the governor, the PSC and other stakeholders to learn more about this ambitious plan."
Exelon's two upstate nuclear plants, R.E. Ginna and Nine Mile Point, provide significant benefits to New York families, communities and businesses that depend on the reliable electricity, jobs and tax dollars they provide. The plants also play a key role in meeting New York's greenhouse gas standards now and over the long-term. Combined, the facilities produce more than 2,500 megawatts, and their clean air generation enhances New York's ability to improve air quality in the state. The stations also contribute significantly to the upstate New York economy, providing more than 17,000 direct and secondary jobs as well as nearly $100 million in direct and secondary state and local tax revenues. 
Exelon Generation operates the largest fleet of nuclear plants in the nation. The fleet consists of 23 reactors at 14 locations in Illinois, Maryland, Nebraska, New Jersey, New York and Pennsylvania. Exelon will work with the governor, the New York State Public Service Commission and other stakeholders as New York's Clean Energy Standard takes shape.
Exelon Corporation (NYSE:EXC) is the nation's leading competitive energy provider, with approximately $33 billion in annual revenues. Headquartered in Chicago, Exelon has operations and business activities in 47 states, the District of Columbia and Canada. Exelon is the largest competitive U.S. power generator, with approximately 35,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 100,000 business and public sector customers and approximately 1 million residential customers. Exelon's utilities deliver electricity and natural gas to approximately 6.6 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Learn more at: www.exeloncorp.com.
 
SOURCE Exelon Generation

Article Date
1/22/2016
Close
1/20/2016 - RES Announces Sale of the Bluestem Wind Project to Exelon Generation
X
RES Announces Sale of the Bluestem Wind Project to Exelon Generation
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
BROOMFIELD, Colo., Jan. 20, 2016 /PRNewswire/ -- Renewable Energy Systems (RES), a leader in the development, engineering, construction, and operation of wind, solar, transmission, and energy storage projects across the globe, is pleased to announce the sale of the Bluestem Wind Project to Exelon Generation, one of the nation's leading power producers. Exelon Generation is the nation's 12^th largest wind producer with a combined 1,500 megawatts of wind generation and more under construction.
RES developed the project and is the engineering, procurement and construction contractor. The transaction closed on December 24, 2015 with a notice to proceed for construction being issued at that time.  RES simultaneously executed the turbine supply agreement with Vestas.  Construction of the project will begin immediately, providing up to 300 jobs during the peak of construction.
The 198 MW project will consist of 60 Vestas 3.3MW V117 wind turbine generators (WTGs) and will be located in Beaver County, Oklahoma.  Construction is scheduled to be completed at the end of 2016, bringing an approximately 845,000 MWh per year to the Southern Power Pool electrical system – enough to power over 77,000 U.S. homes.  RES has been committed to bringing renewable energy to Oklahoma, having constructed over 850 MW of the wind in the state. Bluestem is RES' seventh and will be Exelon Generation's first wind project in Oklahoma.  Wind and other clean energy sources are important elements of Exelon's strategy to offer more low-carbon electricity in the marketplace.
A power purchase agreement for the project has been executed with Google (NYSE: GOOG) and was announced on December 3, 2015 on Google's Official Blog.
"RES is pleased to work with Exelon and Google in the pursuit of making data centers greener for the economy of tomorrow," stated Glen Davis, CEO, RES, Americas. "Renewable energy generation will play a critical role for leading companies across the country as they strive to reduce their environmental footprint and secure long term economic renewable resources to power their industries."
"We are excited about closing the Bluestem transaction and working with RES to add additional renewable and carbon-free generation to Exelon's operating fleet," said Corey Hessen, Vice President Generation Development, Exelon Generation. "We look forward to providing clean, cost effective energy to Google under this long-term agreement."
"I am pleased to see the 3MW platform continuing to work as a solution for our customers in what traditionally has been a 2MW market. This speaks to the strength of the Vestas product portfolio, and our ability to find the right fit in all situations," said Chris Brown, President, Vestas Americas.
About RES
Since 1997, RES has been providing development, engineering, construction, and operations services to the utility-scale wind, solar, transmission, and energy storage markets across the Americas. The company employs more than 500 full-time professionals and has over 8,000 MW of utility-scale renewable energy and energy storage projects and has constructed more than 700 miles of transmission lines throughout the U.S., Canada, and Chile. RES' U.S. corporate office is located in Broomfield, CO with regional offices located in Austin, TX, Minneapolis, MN, Old Saybrook, CT, and San Francisco, CA.
About Exelon Corporation
Exelon Corporation (NYSE: EXC) is the nation's leading competitive energy provider, with 2014 revenues of approximately $27.4 billion. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with more than 32,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to more than 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Exelon's utilities deliver electricity and natural gas to more than 7.8 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Follow Exelon on Twitter @Exelon.
About Vestas
Every single day, Vestas wind turbines deliver clean energy that supports the global fight against climate change. Wind power from Vestas' more than 55,000 wind turbines currently reduces carbon emissions by over 60 million tons of carbon dioxide every year, while at the same time building energy security and independence. Vestas has delivered wind energy in 74 countries, providing jobs for around 18,800 passionate people at our service and project sites, research facilities, factories and offices all over the world. With 52 percent more megawatts installed than anyone else in the industry and more than 70 GW of cumulative installed capacity worldwide, Vestas is the world leader in wind energy.
We invite you to learn more about Vestas by visiting our website at www.vestas.com and following us on our social media channels:
• www.twitter.com/vestas
• www.linkedin.com/company/vestas
• www.facebook.com/vestas
• https://plus.google.com/+vestas.
Media Contacts
RES	Exelon Generation	Vestas
Raheleh Folkerts	Bill Harris	Michael Zarin
303.439.4200	512.542.7812	+45 4084 1526
raheleh.folkerts@res-americas.com	Williamp.harris@exeloncorp.com	mizar@vestas.com
 
SOURCE Renewable Energy Systems

Article Date
1/20/2016
Close
1/14/2016 - Peach Bottom Unit 3 Reaches Generation Milestone
X
Peach Bottom Unit 3 Reaches Generation Milestone
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
DELTA, Pa., Jan. 14, 2016 /PRNewswire/ -- Peach Bottom Unit 3 has reached a new power generation milestone of 1,355 megawatts, following the successful completion of an extended power uprate (EPU) that began in 2009. EPU projects are sanctioned by the Nuclear Regulatory Commission (NRC) and require extensive design reviews, as well as upgrades to plant components and safety systems.
"Peach Bottom's extended power uprate project is great news for the plant, the environment, the local economy and regional customers," said Tom Dougherty, Exelon senior vice president for Mid-Atlantic operations. "With the equipment upgrades in place, Peach Bottom can now generate an additional 270 megawatts of carbon-free electricity, enough power for more than 250,000 regional homes and businesses while saving more than two million tons of carbon dioxide each year."
Since 2009, Exelon has been working with the NRC to finalize the EPU design review and perform the equipment upgrades. Peach Bottom's EPU application called for replacing the high pressure turbines, feed pump turbines, condensate pumps and motors, and steam dryers on both units. The station's low-pressure turbines, main power transformers and main generators had already been upgraded in support of the EPU project. These upgrades required the skills of thousands of employees, contractors and technicians, many of whom support local businesses while in the area.
"The successful completion of this project is the result of years of hard work by Peach Bottom employees and contractors," said Mike Massaro, Peach Bottom site vice president. "As part of EPU, almost every major component in the plant has been upgraded or replaced, which makes Peach Bottom an even safer and more efficient facility."
Peach Bottom Atomic Power Station is located on the west bank of the Conowingo Pond (Susquehanna River) in York County, Pa. The station is home to two boiling water reactors, capable of powering more than 2.25 million homes and businesses. Both reactors began commercial operation in 1974.
Exelon Corporation (NYSE: EXC) is the nation's leading competitive energy provider, with 2014 revenues of approximately $27.4 billion. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with more than 32,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to more than 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Exelon's utilities deliver electricity and natural gas to more than 7.8 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Follow Exelon on Twitter @Exelon.
 
 
SOURCE Exelon Generation

Article Date
1/14/2016
Close

Direct Assets

Related Assets

Direct Projects

Bluestem Wind Project (subscriber access)
Status: (subscriber access)
Annova LNG Project - Brownsville (subscriber access)
Status: (subscriber access)

Related Projects

Annova LNG Brownsville Train 1 (subscriber access)
Status: (subscriber access)
Parent Entities: Annova LNG Common Infrastructure, LLC

Annova LNG Brownsville Train 2 (subscriber access)
Status: (subscriber access)
Parent Entities: Annova LNG Common Infrastructure, LLC

Annova LNG Brownsville Train 3 (subscriber access)
Status: (subscriber access)
Parent Entities: Annova LNG Common Infrastructure, LLC

Annova LNG Brownsville Train 4 (subscriber access)
Status: (subscriber access)
Parent Entities: Annova LNG Common Infrastructure, LLC

Annova LNG Brownsville Train 5 (subscriber access)
Status: (subscriber access)
Parent Entities: Annova LNG Common Infrastructure, LLC

Annova LNG Brownsville Train 6 (subscriber access)
Status: (subscriber access)
Parent Entities: Annova LNG Common Infrastructure, LLC

Bluestem Wind Project (subscriber access)
Status: (subscriber access)
Parent Entities: Exelon Corporation

Braidwood Nuclear Plant Upgrade (subscriber access)
Status: (subscriber access)
Parent Entities: Constellation Energy

Byron Nuclear Plant Upgrade (subscriber access)
Status: (subscriber access)
Parent Entities: Constellation Energy

Net Power Net Zero Gas Generation Facility (subscriber access)
Parent Entities: NET Power

PJM Market Efficiency Project (subscriber access)
Status: (subscriber access)
Parent Entities: Transource Energy LLC
PJM Interconnection, L.L.C.
Allegheny Power
Baltimore Gas and Electric Company

Serial Number 1 Natural Gas Power Plant (subscriber access)
Status: (subscriber access)
Parent Entities: NET Power