Greenhouse gas emissions data from the world’s 500 largest companies shows that for the first time, the Global 500 are beginning to grow their businesses and manage their emissions at a rate that follows the global scientific consensus on the risks of climate change, according to a Thomson Reuters report. … Read more »
Exelon Corp. will shut down two of its merchant nuclear plants: Clinton and Quad Cities, which compete on the open market with other generators and which have found it difficult to compete against inexpensive natural gas.
A fossil-fuel power plant that will produce low-cost electricity with zero emissions? It sounds too good to be true. And it is for the forseeable future. Carbon capture and storage technology, which can bury up to 90 percent of the power plant emissions, according to the EPA shows promise but … Read more »
The energy world will soon know whether the deal between Exelon Corp. Pepco Holdings will go through: April 7, at the latest. Despite previous rejections of the proposed merger and the two utilities having sweetened the pot as a result, it is unclear what will happen now. The $6.8 billion … Read more »
A power plant that will produce low-cost electricity with zero emissions is being built in La Porte, Texas. Net Power, a collaboration between Exelon Generation, CB&I, and 8 Rivers Capital, today said it has broken ground on the 50-megawatt demonstration plant, which it says it a “first-of-a-kind” power plant. The … Read more »
Linking executive pay to corporate environmental, social and governance performance isn’t a new idea but it’s been slow to gain traction. Some 75 percent of large US companies don’t explicitly link executive compensation and sustainability, according to Ceres’s most recent report, using 2014 data. A Glass Lewis report that reviewed … Read more »
The largest electric utilities in the US — including Entergy, Hoosier Energy and Xcel — have seen significant reductions in global warming pollution in recent years, according to an analysis of power plant air pollution emissions. The report — a collaborative effort between Ceres, Bank of America, four power producers … Read more »
The electric industry can achieve the EPA’s goal to reduce carbon emissions from existing power plants on schedule and at a minimal cost to consumers without harming grid reliability or compromising the efficiency of existing energy markets, according to Exelon. Testifying before the Federal Energy Regulatory Commission on Feb. 19 … Read more »