Chicago-based utility holding company Exelon Corp. will separate its competitive generation business from its transmission and distribution segment, creating two different and publicly traded companies Exelon is spinning off Exelon Generation. The separation gives both the Utilities and Generation companies financial and strategic independence to focus on specific customer needs, according to the statement. “Our industry is changing at a
The U.S. Nuclear Regulatory Commission has approved transfer of the license for Three Mile Island Unit 2 to complete decommissioning of the infamous, damaged and long dormant unit. Owner FirstEnergy is transferring the license to TMI-2 Solutions, a subsidiary of Utah-based radioactive waste disposal firm EnergySolutions. FirstEnergy Companies, comprising Metropolitan Edison Co., Jersey Central Power and Light Co., Pennsylvania Electric
Exelon Corp. is taking its Byron Unit 2 nuclear station offline for a nearly three-week planned outage to refuel. The 33-year-old Unit 2 is being taken offline early in October for 19 days of maintenance, refueling and upgrades. The workforce employed on the project includes 700 employees of owner Exelon as well as 1,200 additional contractors. “Byron Station provides safe,
Exelon will close one of the nation’s longest running power plants within four years. The dual-fuel Mystic Generating Station, in one form or another, has been providing power to the Boston area since the 1940s. Exelon took ownership of the gas and petroleum-fired facilities as part of its merger with Constellation in 2012. The first Mystic gas-fired units have been
The Electric Power Research Institute (EPRI) and Gas Technology Institute (GTI) announced this week that they are embarking on a five-year initiative to accelerate the development and demonstration of low-carbon energy technologies. With the increase of decarbonization goals from private companies and governments, existing technology is not enough to achieve these targets. The Low-Carbon Resources Initiative (LCRI) is an international
Exelon is not letting COVID-19 stop its push for helping young women develop careers in science, technology, engineering and mathematics (STEM). The Chicago-bas…
Aside from nurses, doctors and researchers, few companies are more truly essential than power utilities during this era of COVID-19. The world is changed, but t…
Southern Company Gas Foundation, Southern Co. Gas and its subsidiaries are donating $2.5 million toward the coronavirus relief efforts in seven states. The mone…
Pacific Gas & Electric is donating nearly one million medical masks to California Gov. Gavin Newsom’s emergency office in response to the COVID-19 pandemi…
Workers at the largest power plant in Massachusetts have gone on strike over what they call public safety issues and concerns about working conditions. Dozens o…
Two Pennsylvania nuclear power plants could live long enough to become octogenarians. The U.S. Nuclear Regulatory Commission announced Friday that it has approv…
Operators at Exelon Corp’s Nine Mile Point Nuclear Station in upstate New York have taken Unit 2’s generator out of service to begin its refueling outage. T…
Think of them as the four dials on a proverbial utility clock: Top of the hour grid reliability, quarter past intermittent renewables, climate change at the bot…
Massachusetts utilities clearly lead the way on saving energy, according to the American Council for an Energy Efficient Economy. The ACEEE’s latest Utility S…
