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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.

 

 

New York Public Service Commission Approves Exelon SeparationNew York Public Service Commission Approves Exelon Separation<p><strong>CHICAGO </strong>– Exelon Corp. (Nasdaq: EXC) announced today that the New York State Public Service Commission has approved a unanimous settlement agreement that allows Exelon to move forward with its plan to separate into two companies in the first quarter of 2022.  In approving the settlement, the Commission authorized the transfer of Exelon’s New York nuclear facilities to the new Constellation company, which will occur at separation. With this final regulatory approval completed, Exelon remains on track to separate its transmission and distribution utility business (Exelon), a leader in energy delivery serving more than 10 million customers, and its competitive retail energy and generation business (Constellation), the nation’s largest provider of clean energy. </p><p>“This final regulatory approval is an important milestone on our path to separating into two world-class energy companies,” said Chris Crane, president and CEO of Exelon. “As independent companies, the new Exelon and Constellation will have the strategic flexibility and financial strength to best serve their customers and invest in a clean-energy future. We continue to plan for the transition and look forward to completing the transaction in the first quarter of 2022.”</p><p>The Commission approved a unanimous settlement agreement that included the New York State Attorney General’s Office, Commission staff, the Alliance for a Green Economy, the Long Island Power Authority and Exelon. The Federal Energy Regulatory Commission signed off on the transaction in August and the Nuclear Regulatory Commission approved it in November.</p><p><strong>Timing and Remaining Approvals</strong></p><p>Closing of the transaction in the first quarter of 2022 is subject to final approval by the company’s Board of Directors and a Form 10 registration statement being declared effective by the Securities and Exchange Commission. Exelon shareholder approval is not required. There can be no assurance that any separation transaction will ultimately occur or, if one does occur, of its terms or timing.<br></p>https://www.exeloncorp.com/newsroom/new-york-public-service-commission-approves-exelon-separation12/16/2021 6:00:00 PM
Energy Secretary Jennifer M. Granholm Highlights Clean Energy Investments on Tour of Exelon Nuclear PlantEnergy Secretary Jennifer M. Granholm Highlights Clean Energy Investments on Tour of Exelon Nuclear Plant<div><strong>CHICAGO</strong> – Exelon Corp. (Nasdaq: EXC) hosted U.S. Secretary of Energy Jennifer M. Granholm on a tour of Exelon’s Braidwood Generating Station in Will County to highlight the economic and environmental benefits of investing in clean energy to address the climate crisis, support and grow good-paying jobs and secure America’s leadership in a clean energy future. The visit comes as federal lawmakers are considering sweeping climate legislation as part of President Biden’s Build Back Better plan, which will significantly expand on climate provisions in the recently passed bipartisan infrastructure law.</div><div><br></div><div>Braidwood exemplifies the need for Congress to take urgent action to support the nation’s nuclear fleet, which provides over 50 percent of the clean energy in the U.S. and 20 percent of all the electricity consumed. The plant was among four Illinois nuclear stations that faced premature retirement as a result of energy market rules that put carbon-free nuclear energy at a disadvantage to polluting fossil plants. That outcome was narrowly avoided when lawmakers enacted Illinois’ Climate and Equitable Jobs Act, which brought together labor, environmental NGOs, consumer advocates and the business community to preserve the state’s nuclear fleet, invest in new clean energy development, promote equity and put Illinois on course to achieve 100% clean power by 2045.</div><div><br></div><div>“Illinois made the right decision to increase its investment in new clean energy and preserve the state’s existing zero-carbon nuclear plants, which provide more than 90 percent of the state’s clean energy and support tens of thousands of jobs,” said Kathleen Barrón, executive vice president of Exelon. “But to meet our national climate goals, we agree with Secretary Granholm that federal leadership is essential to meeting the greatest challenge of our generation. We strongly urge Congress to act on the Build Back Better plan, which will unleash investment in new technology, transform our energy grid and put us on a sustainable path to grow our economy, reduce pollution and address the climate crisis before it is too late.”</div><div><br></div><div>“The hardworking men and women at our nation’s nuclear power plants are on the front lines in the fight against the climate crisis, keeping the lights on without any carbon or air pollution and supporting our economy with 24/7 electricity,” Secretary Granholm said after touring the plant. “The Build Back Better bill will help keep our existing nuclear fleet running while we invest in new nuclear technology.”</div><div><br></div><div>“The Administration and Congress recognize the importance of carbon-free nuclear generation to meet our country’s aggressive decarbonization goals,” said Maria Korsnick, president and CEO of the Nuclear Energy Institute. “The Braidwood nuclear power station is a perfect backdrop for the Secretary to discuss the Build Back Better Act, which includes important policies, like the production tax credit, that will ensure nuclear remains the backbone of our clean energy future.”</div><div><br></div><div>Granholm spoke with Braidwood employees and toured the plant’s main control room, turbine deck and other work areas during her visit. Braidwood entered service in 1988 and produces 2,389 megawatts of carbon-free energy, or enough to power more than 2 million homes in Northern Illinois. Photos and video from the tour can be found <a href="https://exelon.webdamdb.com/bp/#/downloadqueue/jBwDE7QK8PX00ORF/source/0">HERE</a>.<br></div><p><br></p>https://www.exeloncorp.com/newsroom/energy-secretary-jennifer-m-granholm-highlights-clean-energy-investments-on-tour-of-exelon-nuclear-plant12/10/2021 2:00:00 PM
Oswego County Nuclear Power Plants' Siren Test Scheduled for December 7Oswego County Nuclear Power Plants' Siren Test Scheduled for December 7<div>OSWEGO, N.Y. – Exelon Generation will perform a test of its public notification system on Dec. 7 at 1 p.m. During the test, 40 sirens in the 10-mile radius surrounding the nuclear plants in Scriba will sound for three to five minutes. Additional single-siren tests may be conducted throughout the day. Exelon Generation tests the siren system on a monthly and bi-annual basis to ensure public safety.</div><div><br></div><div>Because this is only a test, no response by the public is necessary. In an actual emergency, the sirens would sound to alert the public to tune in to a local Emergency Alert System (EAS) radio or television station for information. Current EAS stations and other important emergency planning information for residents, workers, and visitors within 10 miles of an Exelon nuclear power plant is posted on our website: <a href="http://exelonemergencyplan.info/">http://exelonemergencyplan.info</a>.</div><div><br></div><div>The Nine Mile Point Nuclear Station is a dual-unit nuclear power facility that can produce more than 1,937 megawatts of carbon-free electricity – enough to power nearly two million homes. The nearby 838-megawatt James A. FitzPatrick Nuclear Power Plant generates carbon-free electricity for more than 800,000 homes and businesses. The stations are located about seven miles northeast of Oswego and 50 miles north of Syracuse.</div><p><br></p>https://www.exeloncorp.com/newsroom/oswego-county-nuclear-power-plants-siren-test-scheduled-for-december-712/7/2021 3:00:00 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-ab279caf3fe8 GP0|#412047e6-ce06-48e1-8250-4cd1ba54de99 L0|#0412047e6-ce06-48e1-8250-4cd1ba54de99|ConstellationExecutive 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