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Illinois Senate Energy and Public Utilities Committee Holds Hearing on Next Generation Energy Plan to Support State’s Clean Energy Future Illinois Senate Energy and Public Utilities Committee Holds Hearing on Next Generation Energy Plan to Support State’s Clean Energy Future <p><strong>SPRINGFIELD, Ill.</strong>— The Illinois Senate Energy and Public Utilities Committee today held a hearing on Senate Bill 1585 – the Next Generation Energy Plan –legislation that would drive Illinois' clean energy future while saving and creating jobs and strengthening the state's economy.  </p><p>An outgrowth of months of still ongoing discussions between Exelon Generation, ComEd, and members of the Clean Jobs Coalition, the Next Generation Energy Plan advances the goals of a host of stakeholders by delivering clean energy, jumpstarting solar development, nearly doubling energy efficiency, providing for $1 billion in low-income assistance, and securing the future of Illinois' nuclear plants.</p><p>Labor leaders, low-income advocates, community leaders, and grid security experts attended today's hearing to advocate for the bill, while key leaders within the Clean Jobs Coalition voiced support for important aspects of SB1585 and for a path forward for this comprehensive energy bill for the state. </p><p>"After months of sitting at the table with members of the Clean Jobs Coalition, listening and responding to their interests, I was encouraged to see our responsiveness and openness acknowledged during today's hearing," said Fidel Marquez, senior vice president, Governmental and Community Affairs, ComEd.  "Even since SB1585 was filed last month, we have had productive conversations on the remaining open issues regarding the state's Renewable Portfolio Standard, and we remain hopeful this bill can be passed shortly to drive our state's clean energy future while saving and creating clean jobs." </p><p>"Illinois needs a comprehensive energy strategy that will help retain and grow jobs, contribute to a robust economy, reduce harmful air emissions and grow renewable energy—while providing funding for those most in need," said Sen. Donne Trotter, D-Chicago. "I commend my colleague Senator Don Harmon, sponsor of the Clean Jobs Bill, for his leadership toward ensuring the great progress made by all parties has a path forward in the General Assembly.  This bill is the right framework to help our state build on its clean energy leadership and maintain our nuclear fleet.  I know that there are important issues that are still unresolved, and I pledge to work with all interested stakeholders to pass legislation to ensure Illinois' energy future remains bright."</p><p> "I urge the members of the Illinois General Assembly to take up and pass the Next Generation Energy Plan before the end of the spring. Thousands of Illinois workers are counting on you -- the General Assembly -- to protect our jobs," said Michael Carrigan, president, Illinois AFL-CIO. "The AFL-CIO stands ready to work to pass energy legislation that will both preserve our energy industry job base in Illinois as well as position our great state to take advantage of future opportunities for growth."</p><p> "We thank Senators Trotter, Harmon, and Lightford for their leadership and efforts to bring diverse interests together to enact legislation that will support clean energy for Illinois families and businesses," said Joe Dominguez, executive vice president, Governmental and Regulatory Affairs and Public Policy, Exelon. "We also commend the leadership of Chairperson Hunter, Minority Spokesperson Rezin, and their committee colleagues for the discussion and debate regarding this important policy initiative.  We support this bill because it ensures that the Quad Cities and Clinton nuclear power plants, which employ thousands of highly skilled workers and produce reliable, zero emission electricity, remain a vital part of Illinois' economy and communities in which they operate." </p><p>For more information or to read the testimony, visit <a href="http://www.nextgenerationenergyplan.com/">www.NextGenerationEnergyPlan.com</a></p>http://www.exeloncorp.com/newsroom/ngep-hearing5/19/2016 3:00:00 PM
Byron Station Declares, Terminates Unusual EventByron Station Declares, Terminates Unusual Event<div><strong>BYRON, Ill.</strong> — Operators at Byron Generating Station declared and then terminated an unusual event Sunday on the facility’s Unit 2 reactor. The unit has been offline for a planned refueling outage since April 18.</div><div> </div><div>The event was declared when water leakage from the system that provides cooling water to the unit exceeded procedural limits. Operators identified the source valve, quickly isolated it and terminated the event. The excess water did not leave the system’s piping and at no time was there any impact to workers or a threat to public health and safety. Operators are continuing with the unit’s planned refueling outage activities.</div><div> </div><div>The unusual event was declared at 11:18 a.m. CDT and terminated at 2:59 p.m. CDT.</div><div> </div><div>Station personnel notified local, state and federal officials, including the U.S. Nuclear Regulatory Commission (NRC), regarding the event. An unusual event is the lowest of four emergency classifications established by the NRC.</div><div> </div><div>Byron Generating Station is in Ogle County, Ill., about 25 miles southwest of Rockford.</div>http://www.exeloncorp.com/newsroom/byron-station-unusual-event5/15/2016 9:00:00 PM
Next Generation Energy Plan to Protect and Create Jobs, Deliver Clean Energy and Jumpstart Solar Development, Nearly Double Energy Efficiency, Provide for $1B in Low-Income Assistance, and Secure Future of Illinois’ Nuclear Plants Next Generation Energy Plan to Protect and Create Jobs, Deliver Clean Energy and Jumpstart Solar Development, Nearly Double Energy Efficiency, Provide for $1B in Low-Income Assistance, and Secure Future of Illinois’ Nuclear Plants <p><strong>SPRINGFIELD, Ill.</strong> — Exelon Generation and ComEd announced today the pending filing in Springfield of the Next Generation Energy Plan, a bill with strong bipartisan, labor, and community support that would drive Illinois' clean energy future while saving and creating jobs and strengthening the state's economy. </p><p>The bill grew out of discussions between Exelon Generation, ComEd, the Clean Jobs Coalition, and other stakeholders in the year since all three entities supported separate energy legislation in Springfield in early 2015.  The bill introduced today contains significant parts of all three original bills, as well as new elements reflecting concerns and objectives expressed by these stakeholders and others that emerged in the course of more than eight months of ongoing discussions.  </p><p>One key new element in the Next Generation Energy Plan is the shift to a Zero Emission Standard – a targeted and innovative solution that is focused specifically on at-risk nuclear plants. The Zero Emission Standard addresses stakeholder concerns by requiring full review of plants' costs by state regulators and by ensuring that only those plants that can demonstrate that revenues are insufficient to cover their costs and operating risk will be entitled to receive compensation.  Other key new elements include a near doubling of energy efficiency programs in northern Illinois, $140 million in new funding for solar development, and a new solar rebate to incent solar generation in a smarter way than current policies.  </p><p>While not all issues have been resolved in the course of discussions, these new provisions reflect the clear response of Exelon Generation and ComEd leaders to the concerns and desires of environmental stakeholders and consumer advocates, resulting in a strong package of benefits for Illinois consumers to be considered by the General Assembly this spring.  </p><p>The Next Generation Energy Plan includes provisions that:</p><ul><li>Nearly double energy efficiency programs, creating $4.1 billion in energy savings, or the equivalent of taking 18 million cars off the road</li><li>Commit $1 billion of funding for low-income assistance, mostly through energy efficiency</li><li>Jumpstart solar energy in Illinois with rebates and more than $140 million per year in new funding for solar development</li><li>Strengthen and expand the Renewable Portfolio Standards to provide stable, predictable funding for renewable development</li><li>Introduce a Zero Emission Standard that will make Illinois one of the first states to recognize the zero-carbon benefits of nuclear power.  By keeping the state's at-risk, zero-carbon nuclear facilities operating, the Zero Emission Standard creates economic and environmental benefits outweighing its costs by a factor of 8 to 1.  The Zero Emission Standard: </li><ul><li>Saves 4,200 jobs in Illinois</li><li>Prevents large increases in electric rates</li><li>Preserves over $1.2 billion in economic activity annually</li><li>Prevents a dramatic increase in carbon emissions</li></ul><li>Reduce the fixed customer charge for energy delivery by 50% and create more equitable rates, giving customers more control over their bills</li><li>Create thousands of new clean energy jobs through energy efficiency programs, energy innovation, and renewable energy</li><li>Enhance the reliability and security of the power grid<br><br>"In a time when social services are at risk, helping Illinois residents with their energy bills is more important than ever," said Reverend Walter Turner, Pastor, New Spiritual Light Missionary Baptist Church. "I support this legislation because of its $1B in programs for low-income communities and provisions to jumpstart solar and green jobs in a smart, sustainable way in our state. <br><br> "Thousands of people across Illinois are gainfully employed at our state's six nuclear energy facilities, but those jobs are at risk," said Dean Apple, President, International Brotherhood of Electrical Workers Local 15. "While also providing for new clean jobs through energy efficiency and new funding for solar, this legislation would rescue our struggling nuclear plants from being shut down and protect the jobs and other economic benefits that they generate for Illinois, including the large role they have played in Illinois holding the national record for the lowest percentage increase in electricity rates since 1997."<br><br>"We are excited to see progress on much needed legislation resulting from months of discussion between many stakeholders who are committed to implementing policy that will lead to significant development of solar power in Illinois," said Brent Anderson, Wanxiang New Energy, a solar company in Rockford.  "We believe the legislation contains several innovative solutions and we applaud the intent to move forward on the development of a more robust renewable portfolio standard in Illinois." <br><br>"I don't want Illinois electricity prices to go up and I want to see Illinois build upon our clean energy leadership.  I'm backing the Next Generation Energy Plan because it will provide opportunities for consumers to save on their energy bills, protect and create good-paying jobs, and boost our economy," said Senator Donne Trotter. "It also will deliver a cleaner, greener and more secure energy future for Illinois while providing significant funding for struggling families and ensuring the continued operation of our nuclear fleet."<br><br>"An exciting new part of this bill is an innovative Zero Emission Standard that will create a level playing field for all clean energy sources to compete.  This bill directly addresses two concerns about  the previously introduced low carbon portfolio standard, namely that the LCPS was not targeted at the challenged plants and that there was not sufficient transparency around plants' costs.   The program introduced in today's bill only compensates financially challenged plants after a full and complete review of costs by the experts at the Illinois Commerce Commission and the Illinois Power Agency," said Joe Dominguez, executive vice president, Governmental and Regulatory Affairs and Public Policy, Exelon. "The Zero Emission Standard will preserve Illinois' at-risk nuclear energy facilities, which serve as economic engines for the state and communities in which they operate, maintain the reliability of the grid, and avoid substantial amounts of carbon emissions." <br><br>"We've listened and responded to key environmental and consumer advocates to develop comprehensive legislation that incorporates policy solutions that will benefit all of our customers, while creating innovative pathways to a sustainable future," said Fidel Marquez, senior vice president, government and external affairs, ComEd. "This plan delivers significant energy efficiency, a major expansion of solar power, a more secure grid, and important programs for our most vulnerable customers and communities."  <br><br>"The livelihoods, the social programs, and the overall well-being of my community and many other communities, where nuclear power plants have been a good neighbor, are secured for the future by this legislation and its Zero Emission Standard," said Clinton Administrator Tim Followell. "Our families and our way of life will be devastated if the Illinois General Assembly fails to act and act now on this important legislation."<br><br>The group today said it would work with the General Assembly to file a bill that could be passed before the end of this spring session, to generate immediate benefits for Illinois families and preserve clean energy jobs. The group estimates the legislation would have a modest impact of 25 cents per month on the average ComEd residential customer bill, while providing for the economic, environmental, and societal impacts detailed above. <br><br>For more information, visit <a href="http://www.comed.com/energyplan">www.comed.com/energyplan</a> or <a href="http://www.nuclearpowersillinois.com/">www.nuclearpowersillinois.com</a>.</li></ul>http://www.exeloncorp.com/newsroom/next-generation-energy-plan5/5/2016 9:00:00 PM

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Kenneth W. CornewGP0|#fde14288-abab-499f-a00c-4b9efe367a54 L0|#0fde14288-abab-499f-a00c-4b9efe367a54|Exelon Corporate GTSet|#bb697efb-4d63-4298-b4d0-ab279caf3fe8 GP0|#036d7cad-49e3-4a98-8821-efa704301d6d L0|#0036d7cad-49e3-4a98-8821-efa704301d6d|Exelon GenerationSenior Executive Vice President and Chief Commercial Officer, Exelon Corporation; President and CEO, Exelon GenerationKennethCornew<img alt="" src="/leadership-and-governance/executives/PublishingImages/Ken_Cornew.png?RenditionID=11" style="BORDER:0px solid;" />http://www.exeloncorp.com/leadership-and-governance/executives/kenneth-w-cornewKenneth W. Cornew
Ron DeGregorioGP0|#036d7cad-49e3-4a98-8821-efa704301d6d L0|#0036d7cad-49e3-4a98-8821-efa704301d6d|Exelon Generation GTSet|#bb697efb-4d63-4298-b4d0-ab279caf3fe8Senior Vice President, Exelon Generation; President, Exelon PowerRonDeGregorio<img alt="" src="/leadership-and-governance/executives/PublishingImages/Ron_DeGregorio.png?RenditionID=11" style="BORDER:0px solid;" />http://www.exeloncorp.com/leadership-and-governance/executives/ron-degregorioRon DeGregorio
Bryan HansonGP0|#036d7cad-49e3-4a98-8821-efa704301d6d L0|#0036d7cad-49e3-4a98-8821-efa704301d6d|Exelon Generation GTSet|#bb697efb-4d63-4298-b4d0-ab279caf3fe8Senior Vice President, Exelon Generation, and President and Chief Nuclear Officer, Exelon Nuclear BryanHanson<img alt="" src="/leadership-and-governance/executives/PublishingImages/Bryan_Hanson.png?RenditionID=undefined" style="BORDER:0px solid;" />http://www.exeloncorp.com/leadership-and-governance/executives/bryan-hansonBryan Hanson
Michael PacilioGP0|#036d7cad-49e3-4a98-8821-efa704301d6d L0|#0036d7cad-49e3-4a98-8821-efa704301d6d|Exelon Generation GTSet|#bb697efb-4d63-4298-b4d0-ab279caf3fe8Executive Vice President and Chief Operating Officer, Exelon GenerationMichaelPacilio<img alt="" src="/leadership-and-governance/executives/PublishingImages/Mike_Pacilio.png?RenditionID=11" style="BORDER:0px solid;" />http://www.exeloncorp.com/leadership-and-governance/executives/michael-pacilioMichael Pacilio