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Exelon Generation

Exelon Generation is America’s leading provider of zero-carbon nuclear energy. We generate power that’s reliable, every minute of the day. Exelon has a balanced portfolio of natural gas, hydro, wind, and solar. Customers count on us daily for reliable, efficient, often innovative energy production.

Exelon has one of the nation’s largest, cleanest, lowest-cost power generation fleets. Learn more about our energy footprint here.

 

 

Passage of Illinois Energy Legislation Preserves Nuclear Plants and Strengthens State’s Clean Energy LeadershipPassage of Illinois Energy Legislation Preserves Nuclear Plants and Strengthens State’s Clean Energy Leadership<div><strong>CHICAGO</strong> — Exelon Generation said today that it is preparing to refuel its Byron and Dresden nuclear plants as a result of the action taken by the Illinois legislature to enact a comprehensive energy bill. Once signed by the Governor, the legislation will strengthen Illinois’ clean energy leadership, protect the state’s economy by preserving tens of thousands of jobs and prevent an increase in pollution and energy costs that would harm consumers if the plants closed. <br></div><div><br></div><div>“We commend the Governor, the General Assembly, our partners at IBEW Local 15 and the coalition of labor leaders and members who worked so hard to pass this roadmap for rebuilding our economy and addressing the climate crisis by investing in clean energy in a way that ensures that jobs and environmental benefits are shared equitably,” said Christopher Crane, president and CEO of Exelon. “This new policy offers a better future for the employees who have run these plants at world-class levels, the plant communities that we are privileged to serve and all Illinoisans eager to build a clean-energy economy that works for everyone.” <br></div><div><br></div><div>The legislation promotes jobs and lowers carbon emissions by scaling up renewables, investing in electrification and adopting critical job training programs and labor standards. It also creates a process for the state to procure carbon mitigation credits from nuclear plants, which are critical to keeping Illinois on a path to reach net zero emissions by 2050. The bill will mitigate widely acknowledged flaws in regional energy markets and compensate nuclear plants for their clean-energy benefits in much the same way that wind and solar are compensated today. It also will put the state on a path to 100 percent clean energy at a fraction of the cost of achieving the same goal with only renewables.<br></div><div><br></div><div>More than 60 percent of Illinois’ electricity consumption and approximately 90 percent of its carbon-free energy comes from Exelon Generation’s six nuclear plants in Illinois. Studies have shown that when nuclear plants close, plants that burn fossil fuels operate much more often, increasing harmful carbon and air pollution, especially in disadvantaged communities. <br></div><div><br></div><div>Dresden Generating Station, located in Morris, Ill., was slated to retire in November and the Byron Generating Station, located just outside Byron, Ill., was scheduled to begin the defueling process and permanent shut down starting today. Despite being among the safest, most efficient and reliable units in the nation’s nuclear fleet, Dresden and Byron face revenue shortfalls in the hundreds of millions of dollars because of market rules that allow fossil fuel plants to underbid clean resources in regional electricity markets. </div><div><br></div><div>In addition to Byron and Dresden, the legislation creates an opportunity to preserve the Braidwood nuclear plant, which also is economically challenged and at imminent risk of premature retirement. The LaSalle nuclear plant also will remain operating for the five-year duration of the carbon mitigation credit program.<br></div><div><br></div><div>By supporting these always-on, zero carbon nuclear plants, the legislation ensures that Illinois stays on track to meet its climate goals at the lowest cost to consumers. Byron alone generates 30 percent more clean energy than comes from all the solar and wind ever built in Illinois.  An analysis by an independent consulting firm found that it would take $29 billion – or more than $6 per month for every Illinois household over the next 25 years – to replace just Byron’s carbon-free energy with renewable sources, much less reach 100 percent clean. <br></div><div><br></div><div>In January 2019, the state committed to reducing greenhouse gas emissions consistent with the targets set in the Paris climate agreement. Emissions-free energy from the four nuclear plants puts the state 85 percent toward the 2025 goal versus 20 percent had they retired prematurely and been replaced by polluting resources.</div><div><br></div><div>Once the legislation is signed into law, Exelon Generation will move to immediately fill hundreds of vacant positions and resume capital projects required for long-term operation. The company also will alert the Nuclear Regulatory Commission and PJM of the decision to keep the plants operating.</div><div> </div><div><strong>Additional background on the plants:</strong></div><div><ul><li>An independent analysis found that the four plants support 28,000 direct and indirect jobs and contribute more than $3.8 billion annually to the state’s GDP.</li><li>The same report concluded that electricity prices could increase by $3.1 billion to $4.8 billion over 10 years if the plants leave the market and are replaced with more expensive generation.</li><li>The baseload energy from the plants contributes to stable energy prices, which on average have been lower in northern Illinois than in any other PJM zone over the past decade. PJM includes all or parts of 13 states and the District of Columbia.</li></ul><strong></strong></div><div><br><br></div><p><br></p>https://www.exeloncorp.com/newsroom/passage-of-illinois-energy-legislation-preserves-nuclear-plants-and-strengthens-states-clean-energy-leadership9/13/2021 2:00:00 PM
Illinois Nuclear Plants Operated at Full Power Through Hottest Month Ever RecordedIllinois Nuclear Plants Operated at Full Power Through Hottest Month Ever Recorded<div><strong>WARRENVILLE, Ill.</strong> — As the world recorded its hottest month on record in July, Exelon Generation’s Illinois nuclear plants again operated at full power levels producing enough carbon-free electricity to keep air conditioners running and more than 11 million homes and businesses cool. </div><div><br></div><div>The National Oceanic and Atmospheric Administration called July the hottest month since it began record keeping 142 years ago. Several hot weather alerts calling for maximum electricity generation in Illinois were issued by grid operators PJM and MISO during that time, and Exelon’s Illinois nuclear fleet answered the call, delivering 99 percent reliability in June and 99.9 percent in July.</div><div><br></div><div>"Our nuclear facilities are among the most reliable power plants in the country, and we know how important it is for them to be available during extremely hot weather conditions like we’ve experienced recently across Illinois," said Shane Marik, Senior Vice President for Midwest Operations, Exelon Generation. "I thank our hard-working nuclear employees for ensuring our fleet continues delivering carbon-free energy to Illinois residents, keeping our air clean and protecting customers from extreme heat.”</div><div><br></div><div>Exelon’s Illinois nuclear fleet regularly provides near-perfect reliability, one of many indicators that industry experts use to rate efficiency and performance. During the hottest months of 2019 and 2020, Illinois nuclear reactors also operated 98.9 percent and 99.2 percent of the time respectively.  </div><div><br></div><div>During the hottest summer days and coldest winter nights, Exelon Generation's nuclear fleet has been critical to meeting peak electricity demand in Illinois. Having Illinois’ nuclear fleet available during times of peak demand means the system does not need to rely as much on fossil plants when the temperature spikes, avoiding harmful air pollution that disproportionately affects communities of color and low-income communities. </div><div><br></div><div>Summer resiliency and reliability requires year-long planning, preparation, and maintenance. This spring, operators and maintenance personnel performed thousands of inspections, tests, and equipment repairs at each of the nuclear sites to ensure plant systems would remain available during some of the most critical times of the year.  </div><div><br></div><div>While customers in California and the Pacific Northwest have been asked to conserve energy this summer to prevent blackouts, Northern Illinois residents know they can rely on uninterrupted power due to the baseload reliability of nuclear plants, which has kept energy prices in Northern Illinois lower than any other PJM zone over the last decade.  </div><div><br></div><div>Illinois is home to six nuclear power plants that are unmatched in their ability to deliver world class reliability with zero greenhouse gas emissions. The United Nation’s Intergovernmental Panel on Climate Change issued a blistering climate report two weeks ago warning that global temperatures could rise 1.5 degrees by 2040, exposing Europe and North America to even harsher weather conditions if global carbon emissions aren’t reduced. Illinois’ nuclear plants avoid 65 million metric tons of carbon emissions every year. </div><div><br></div><div>Exelon’s Illinois nuclear fleet produces more than 50 percent of the state’s electricity and includes: Braidwood Generating Station in Will County, Byron Generating Station in Ogle County, Clinton Power Station in DeWitt County, Dresden Generating Station in Grundy County, LaSalle County Generating Station, and Quad Cities Generating in Rock Island County.</div><div><br></div>https://www.exeloncorp.com/newsroom/illinois-nuclear-plants-operated-at-full-power-through-hottest-month-ever-recorded8/24/2021 2:00:00 PM
Exelon Generation Receives DOE Grant to Support Hydrogen Production Project at Nine Mile Point Nuclear StationExelon Generation Receives DOE Grant to Support Hydrogen Production Project at Nine Mile Point Nuclear Station<div><strong>OSWEGO, N.Y.</strong> – Exelon Generation is the recipient of a Department of Energy (DOE) grant to explore the potential benefits of onsite hydrogen production at Nine Mile Point Nuclear Station in Oswego, N.Y. Exelon Generation will partner with Nel Hydrogen, Argonne National Laboratory, Idaho National Laboratory, and the National Renewable Energy Laboratory to demonstrate integrated production, storage and normal usage at the station.  </div><div><br></div><div>The project will generate an economical supply of hydrogen, a natural byproduct of nuclear energy, to be safely captured, stored and potentially taken to market as a 100 percent carbon-free source of power for other purposes, including industrial applications such as transportation. </div><div> </div><div>“This partnership with DOE reflects our continued commitment to innovation and further demonstrates the immense value of our nuclear fleet and its ability to provide carbon-free energy to the communities we serve,” said Dave Rhoades, chief nuclear officer, Exelon Generation.  “Among our many options, we chose the New York site, recognizing the strong partnership that we have had with the State, including the support for nuclear energy provided through the New York Public Service Commission’s clean energy standard.”  </div><div><br></div><div>The amount of hydrogen safely stored at the site will not change significantly as a result of this initiative and plant staff are fully prepared to support the project using existing operational protocols.   </div><div><br></div><div>A Proton Exchange Membrane (PEM) electrolyzer will be installed and will use the station’s existing hydrogen storage system and supporting infrastructure. The electrolyzer will be installed and operations are expected to begin in 2022. <br></div><p><br></p>https://www.exeloncorp.com/newsroom/doe-grant-to-support-hydrogen-production-project-at-nine-mile-point8/18/2021 7:00:00 PM

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Bryan HansonGP0|#036d7cad-49e3-4a98-8821-efa704301d6d L0|#0036d7cad-49e3-4a98-8821-efa704301d6d|Exelon Generation GTSet|#bb697efb-4d63-4298-b4d0-ab279caf3fe8Executive Vice President and Chief Generation OfficerBryanHanson<img alt="Bryan Hanson Exelon Generation SVP" src="/leadership-and-governance/executives/PublishingImages/Exelon-Bryan-Hanson.png?RenditionID=11" style="BORDER:0px solid;" />https://www.exeloncorp.com/leadership-and-governance/executives/bryan-hansonBryan Hanson