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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 (and growing) 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.

 

 

Pennsylvania, Maryland Nuclear Plants Operate at Near Full Power Through Hottest Summer on RecordPennsylvania, Maryland Nuclear Plants Operate at Near Full Power Through Hottest Summer on Record<p><strong>KENNETT SQUARE, Pa.</strong> — Exelon Generation's nuclear plants in Pennsylvania and Maryland safely operated at nearly full power through consistently warmer-than-average days in June, July and August, producing enough carbon-free electricity to keep the air conditioning running and more than 5.7 million homes and businesses cool throughout the summer. The power generated by these plants also enabled essential businesses and hospitals to continue operation through some of the hottest months of the year. The steady hot temperatures resulted in the east coast’s hottest summer ever recorded.<br></p><p>"Our nuclear facilities deliver carbon-free electricity in every season, and we know how important it is for them to be available during the extreme summer heat," said Mark Newcomer, Senior Vice President, Mid-Atlantic Operations. "I’m grateful for our more than 2,500 full-time nuclear employees across the Mid-Atlantic region who work day and night to protect our communities from the pollution that would have resulted from fossil-fuel fired plants that would have run in their place."<br></p><p>Exelon Generation's three nuclear sites located in Pennsylvania and Maryland recorded a near-perfect reliability rate last summer as well, operating 99 percent of the time, one of many indicators that industry experts use to rate efficiency and performance. During the hottest summer and coldest winter temperatures, Exelon Generation's nuclear fleet has been critical to meeting electricity demand. </p><p>Summer resiliency and reliability requires year-long planning, preparation and maintenance. Exelon Generation workers spend months ensuring that backup generators and spare equipment is ready when temperatures start to sizzle. This spring, operators and maintenance personnel inspected, tested and repaired equipment to ensure plant systems remain available at all Exelon Generation facilities during the dog days of summer.<br></p>https://www.exeloncorp.com/newsroom/pennsylvania-maryland-nuclear-plants-operate-at-near-full-power-through-hottest-summer-on-record9/18/2020 4:00:00 PM
Illinois Nuclear Plants Operate at Near Full Power Through Hottest Summer on RecordIllinois Nuclear Plants Operate at Near Full Power Through Hottest Summer on Record<p>WARRENVILLE, Ill. — Exelon Generation’s nuclear plants in Illinois safely operated at nearly full power through consistently warmer-than-average days in June, July and August, producing enough carbon-free electricity to keep air conditioners running and more than 11 million homes and businesses cool throughout the summer. The power generated by these plants also enabled essential businesses and hospitals to continue operation through some of the hottest months of the year. The steady hot temperatures resulted in the Chicago area’s hottest summer ever recorded.</p><p>"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," said Shane Marik, Senior Vice President for Midwest Operations, Exelon Generation. "Thank you to our more than 4,700 full-time Illinois nuclear employees for working hard in the heat to keep our fleet delivering carbon-free energy that protects customers from the harmful carbon and air pollution that would have resulted from fossil-fuel fired plants that would have run in their place."</p><p>Exelon Generation's Illinois nuclear fleet recorded a near-perfect reliability rate last summer as well, operating 98.9 percent of the time, one of many indicators that industry experts use to rate efficiency and performance. During the hottest summer and coldest winter temperatures, Exelon Generation's nuclear fleet has been critical to meeting electricity demand in Illinois.</p><p>Despite the high reliability provided by these plants, Exelon Generation recently announced it will retire its Byron and Dresden nuclear plants in 2021 as they face revenue shortfalls in the hundreds of millions of dollars. The two plants employ more than 1,500 full-time employees and supply 30 percent of Illinois’ carbon-free energy, making them vital to meeting the state’s goal of achieving 100 percent clean energy. </p><p>Summer resiliency and reliability requires year-long planning, preparation and maintenance. Exelon Generation workers spend months ensuring that backup generators and spare equipment are ready when temperatures start to sizzle. This spring, operators and maintenance personnel inspected, tested and repaired equipment throughout the six Illinois nuclear sites to ensure plant systems remain available at all Exelon Generation facilities during the dog days of summer.<br></p>https://www.exeloncorp.com/newsroom/illinois-nuclear-plants-operate-at-near-full-power-through-hottest-summer-on-record9/18/2020 1:00:00 PM
Exelon Generation to Retire Illinois’ Byron and Dresden Nuclear Plants in 2021Exelon Generation to Retire Illinois’ Byron and Dresden Nuclear Plants in 2021<div><strong>CHICAGO</strong> — Exelon Generation announced today that it intends to retire its Byron Generating Station and Dresden Generating Station in fall 2021, resulting in the loss of four nuclear generation units that together supply clean, zero-emissions energy to more than four million homes and businesses in northern Illinois. Byron, located just outside Byron, Ill., will close in September 2021, and Dresden, located in Morris, Ill., will close in November 2021.<br><br>Dresden is licensed to operate for another decade and Byron for another 20 years. Together, they employ more than 1,500 full-time employees and 2,000 supplemental workers during refueling outages, most from local union halls. The plants pay nearly $63 million in taxes annually to support local schools, fire, police and other services. The two plants supply 30 percent of Illinois’ carbon-free energy and are essential to meeting the state’s goal to achieve 100 percent clean energy.<br><br>“Although we know in our heads that shutting down the uneconomic Illinois plants is necessary to preserve even more jobs elsewhere, our hearts ache today for the thousands of talented women and men that have served Illinois families for more than a generation and will lose their jobs because of poorly conceived energy policies,” said Christopher Crane, president and CEO of Exelon. “But we are only about a year away from shutdown and we need to give our people, the host communities, and regulators time to prepare.”</div><div> <br></div><div>“We recognize this comes as many of our communities are still recovering from the economic and public health impacts of the pandemic, and we will continue our dialogue with policymakers on ways to prevent these closures,” said Crane. “To that end, we have opened our books to policymakers and will continue to do so for any lawmaker who wishes to judge the plants’ profitability.”  </div><div> <br></div><div>“We agree with Governor Pritzker that policy reform is urgently needed to address the climate crisis and advance Illinois’ clean energy economy, and we support the objectives of the Governor’s recent energy principles,” added Crane. “That’s separate from today’s announcement to retire these two zero-carbon nuclear plants, which was not a decision made lightly and is one that has been in the works for some time.” </div><div> <br></div><div>Despite being among the 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 declining energy prices and market rules that allow fossil fuel plants to underbid clean resources in the PJM capacity auction, even though there is broad public support for sustaining and expanding clean energy resources to address the climate crisis. The plants’ economic challenges are further exacerbated by a recent FERC ruling that undermines longstanding state clean energy programs and gives an additional competitive advantage to polluting energy sources in the auction. As a result of these market rules, Exelon Generation’s LaSalle and Braidwood nuclear stations in Illinois, each of which house two nuclear units and together employ more than 1,500 skilled workers, are also at high risk for premature closure. </div><div> <br></div><div>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. In January 2019, Illinois committed to reducing greenhouse gas emissions consistent with the targets set in the Paris climate agreement. While the state is currently at roughly 85 percent progress towards the 2025 goal, if the four economically challenged nuclear plants (Dresden, Byron, Braidwood and LaSalle) prematurely retire, Illinois will drop to only 20 percent of the way toward the goal. Electric sector emissions in Illinois will increase by 70 percent.      </div><div> <br></div><div>Despite these consequences, Exelon Generation must act now to prevent further shortfalls and give its employees, contractors and community partners time to prepare for the loss of jobs and tens of millions of dollars in taxes, donations and local purchasing. The notification also is necessary to give PJM enough time to conduct an analysis confirming that retiring Byron and Dresden will not cause a shortage of generating capacity in northern Illinois during times of peak demand.</div><div><br></div><div>In the days and weeks ahead, Exelon Generation will file a deactivation notice with PJM and inform key stakeholders and regulatory agencies of the retirements. In addition, the company will:</div><div> <br></div><div><ul><li>Make official shutdown notifications to the Nuclear Regulatory Commission within 30 days;</li><li>Terminate capital investment projects required for long term operation of Dresden and Byron; and </li><li>Scale back the refueling outages scheduled for this fall at Dresden and Byron. The move will result in spending reductions of $50 million and the elimination of up to 1,400 of the more than 2,000 mostly union jobs typically associated with the two refueling outages.</li></ul></div><div> </div><div>While retirement preparations are underway, employees will continue to operate the plants at world-class levels of safety and operational excellence until they are decommissioned. Exelon Generation will work to place affected plant employees at other Exelon facilities or help them transition to positions outside the company, wherever possible. <br></div><div><br><br></div><p><br></p>https://www.exeloncorp.com/newsroom/exelon-generation-to-retire-illinois’-byron-and-dresden-nuclear-plants-in-20218/27/2020 12:00:00 PM

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John BarnesGP0|#036d7cad-49e3-4a98-8821-efa704301d6d L0|#0036d7cad-49e3-4a98-8821-efa704301d6d|Exelon Generation GTSet|#bb697efb-4d63-4298-b4d0-ab279caf3fe8 GP0|#143bc214-612e-4c31-9aaf-11127e1cfc32 L0|#0143bc214-612e-4c31-9aaf-11127e1cfc32|Exelon PowerSenior Vice President, Exelon Generation & President, Exelon PowerJohnBarnes<img alt="" src="/leadership-and-governance/executives/PublishingImages/Jonh%20Barnes.jpg?RenditionID=11" style="BORDER:0px solid;" />https://www.exeloncorp.com/leadership-and-governance/executives/john-barnesJohn Barnes
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="Kenneth Cornew Exelon Generation President and CEO" src="/leadership-and-governance/executives/PublishingImages/Exelon-Kenneth-Cornew-2.jpg?RenditionID=11" style="BORDER:0px solid;" />https://www.exeloncorp.com/leadership-and-governance/executives/kenneth-w-cornewKenneth W. Cornew
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="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
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="Mike Pacilio Exelon Generation EVP and COO" src="/leadership-and-governance/executives/PublishingImages/Exelon-Mike-Pacilio.png?RenditionID=11" style="BORDER:0px solid;" />https://www.exeloncorp.com/leadership-and-governance/executives/michael-pacilioMichael Pacilio