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January 10, 2025

Exelon

State Briefs
News briefs from the states within the PJM footprint. This week we include Illinois, Indiana, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia.
DOE IG Investigating FERC Enforcement
In response to requests from several senators from both parties, the DoE’s Inspector General has begun an investigation into FERC’s Enforcement office.
FERC Approves Exelon-Pepco Merger
FERC yesterday approved the $6.8 billion merger of Exelon and Pepco Holdings Inc., dismissing concerns from PJM stakeholders.
Exelon Selling Last Major Coal Generation in Fleet
Exelon is selling its ownership interest in the Keystone and Conemaugh power plants in Pennsylvania.
Third-Quarter Earnings Tempered by Mild Summer
The summer wasn’t hot enough, at least for most of the PJM utilities reporting third-quarter earnings so far. Companies lamented the lack of 90-degree days.
Exelon Building Zero-Emissions Allam Cycle Plant in Texas
Exelon is joining with two other companies to build an emission-free natural gas-fired power plant using a new technology called the Allam Cycle.
Market Monitor Corrects Exclusion List on Talen Energy; Adds Exelon, Duke
Duke Energy and Exelon should be among the companies barred from acquiring any generation divested by PPL as part of its Talen Energy spinoff, the IMM told FERC.
Exelon Selling Utah, Texas Plants to Private Equity Firm
Exelon, which last month announced it would spend $500 million to build two natural gas-fired plants in Texas, is selling two other gas plants.
Exelon Adding 2,000 MW, 50% Increase, in ERCOT
Exelon Generation is adding another 2,000 MW of fossil generation to its fleet in Texas, which will bring the company’s total generation in ERCOT to nearly 6,000 MW.
Company Briefs
News briefs on companies in the PJM Interconnection this week, including the Tennessee Valley Authority, Exelon, Duke, PSE&G and Dominion.

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