Exelon Archives - Page 2 of 5 - Environment + Energy Leader

Why Most Companies Don’t Link ESG Performance to Executive Pay

January 29, 2016January 29, 2016 by Jessica Lyons Hardcastle

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 »

SEPTA to Use Battery Storage Network

January 26, 2016 by Carl Weinschenk

The Southeastern Pennsylvania Transportation Authority (SEPTA) will use a battery storage network funded, owned and operated by Constellation. The press release says that the 8.75 MW network will operate at seven SEPTA substations. Constellation is a subsidiary of Exelon Corp. The release says that Virdity also is working on the ... Read more »

Dynegy Jumps into FirstEnergy, AEP ‘Bailout’ Fray

January 19, 2016 by Cheryl Kaften

“In response to the exorbitant and counter-productive subsidies currently under consideration for FirstEnergy and American Electric Power (AEP),” Houston-based Dynegy announced on January 12 that it is offering two counter-proposals to the Public Utilities Commission of Ohio (PUCO) that it claims “will save the state’s ratepayers billions of dollars over ... Read more »

Cincinnati Opts for Natural Gas From Constellation

September 11, 2015 by Carl Weinschenk

Cincinnati has tabbed Constellation to provide variable-rate natural gas to 69,000 city residents and small businesses. Constellation, a subsidiary of Exelon Corp., will supply the gas under a variable rate based on the New York Mercantile Exchange’s price for natural gas and a fixed charge of $0.1163 per one hundred ... Read more »

Pepco-Exelon Merger Rejected

August 27, 2015 by Karen Henry

The Public Service Commission of the District of Columbia has unanimously rejected the proposed merger of Exelon and Pepco Holdings, stating that the utilities have not persuaded the Commission that the merger is in the public’s interest. Exelon announced the $6.83 billion acquisition of Pepco in April 2014. The merger ... Read more »

Prices and Reliability Up, with PJM’s First Capacity Performance Auction

August 26, 2015 by Cheryl Kaften

The first PJM Interconnection capacity auction to include the new Capacity Performance requirement attracted a strong response from resources prepared to meet the new pay-for-performance standards, the regional transmission operator reported on August 21. Under Capacity Performance, generators that pledge to make their capacity available during peak-demand periods will receive ... Read more »

Power Sector Emissions Continue to Drop

July 15, 2015July 14, 2015 by Jessica Lyons Hardcastle

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 »

Exelon Breaks Ground on 1,000 MW Natural Gas Plant in Texas

July 15, 2015 by Cheryl Kaften

Natural gas production in the lower 48 states got another boost on July 9 – continuing the US growth trend. Senior executives from utility giant Exelon Generation, power and grid suppliers Alstom and General Electric, and construction and engineering provider Zachry officially broke ground on the construction of a new ... Read more »

Exelon, Anbaric Build Microgrids in New York

March 2, 2015 by Linda Hardesty

Exelon is partnering with Anbaric to create a series of microgrids in the state of New York. The collaboration will be dedicated to establishing microgrids ranging from 10-200 MW at strategic locations throughout the state to secure reliability, reduce costs and improve the efficiency of the surrounding grid. The alliance ... Read more »

Exelon Urges Voluntary Option for Clean Power Plan Compliance

February 23, 2015February 23, 2015 by Jessica Lyons Hardcastle

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 »

Exelon Believes Aggressive Retail Competition Will Continue

February 18, 2015 by Josh Kessler

Exelon stated in its recent 10-K filing that “The market experienced high price volatility in the first quarter of 2014 which contributed to bankruptcies and consolidations within the industry during the year. However, forward natural gas and power prices are expected to remain low and thus we expect retail competitors ... Read more »

‘First-of-a-Kind’ Clean Power Plant Moves Forward

October 16, 2014October 15, 2014 by Jessica Lyons Hardcastle

NET Power says it has secured funding and agreements for its $140 million demonstration power plant, which it says produces no greenhouse gas emissions and includes full carbon capture without requiring expensive, efficiency-reducing carbon capture equipment. The company says the 50 MWt natural gas generation system is the first of ... Read more »

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