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Tag: Exelon

Exelon Makes Plans to Retire Byron and Dresden Nuclear Plants in 2021

August 28, 2020
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The post Exelon Makes Plans to Retire Byron and Dresden Nuclear Plants in 2021 appeared first on POWER Magazine.

Byron-nuclear-power-plant

In a stunning announcement, Exelon Generation, which operates the largest U.S. fleet of nuclear plants—21 reactors at 12 facilities in Illinois, Maryland, New York, and Pennsylvania—said it will retire the Byron and Dresden generating stations next fall for economic reasons.

“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,” Christopher Crane, president and CEO of Exelon, said in a statement. “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.”

Massive Clean Energy Generation

The Dresden Generating Station (Figure 1) has two operating boiling water reactors that combine for a total net generating capacity of 1,845 MW.…

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The POWER Interview: Exelon Discusses Digitalization

February 11, 2020
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The post The POWER Interview: Exelon Discusses Digitalization appeared first on POWER Magazine.

Digitization in the power generation sector continues to expand. Its goal in simple terms—providing easy access to data for power plant operators and engineers, enabling the use of advanced analytics to improve equipment performance and efficiency—has resulted in reduced operating costs for utilities, and also has enhanced plant safety.

POWER’s upcoming Connected Plant Conference, set for Feb. 25-27 at the Westin Peachtree Plaza in Atlanta, Georgia, is the only event covering the digital transformation of the power and chemical process industries. From the power generation perspective, Connected Plant focuses on technology designed for the sector, from predictive maintenance to cybersecurity and risk mitigation, looking at the impact of artificial intelligence (AI) and machine-learning on power plant operations.

Utilities have been embracing digitalization in a variety of ways. Exelon, the Chicago, Illinois-based parent company of several utilities including Constellation, Atlantic City Electric, Baltimore Gas & Electric (BG&E), Commonwealth Edison, Delmarva Power, PECO (formerly Philadelphia Electric Co.),…

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Exelon Will Close Oyster Creek Nuclear Plant Earlier than Anticipated

February 3, 2018
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Exelon Generation will shutter its Oyster Creek Generating Station in October 2018—more than a year before it is required to close the single-unit reactor as part of an agreement with the state of New Jersey.

Exelon agreed in 2010 to close the unit by December 2019—10 years before its license to operate expires—after it decided against installing a cooling tower technology required by the New Jersey Department of Environmental Protection. On February 2, the company said it would permanently close the unit at the end of its current operating cycle in October. The revised schedule will allow Exelon to better manage resources in a market environment where fuel and maintenance costs are rising amid historically low power prices, it said.

Bryan Hanson, Exelon president and chief nuclear officer, noted in a press release that the company will offer a position to every employee at Oyster Creek that chose to stay with the company, and that the revised schedule would give the company time to do that.…

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Exelon Set to Expand Massachusetts Peaking Plant

August 11, 2017
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Exelon could begin construction as soon as next week on an expansion of its 135-MW West Medway oil-fired peaking plant in West Medway, Massachusetts. The company’s plan to add two units and 200 MW of generation to the existing three-unit facility was deliberated for 29 months by state and local officials before a state board approved the expansion August 4.

The expansion includes the installation of two GE LMS100 dual-fuel turbines, operating primarily on natural gas but also using ultra-low-sulfur diesel as backup for a maximum 30 days a year. The company’s website says the new units could start up and be online in about 10 minutes. Exelon in its reports on the project says the gas-fired generation will reduce CO2 emissions by 40% when it displaces generation from the three older units.

The construction, which will include two 160-foot emission stacks, along with a 50-foot sound barrier to minimize noise, reportedly is expected to take 14 months to complete.…

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Exelon Gets Its Christmas Wish—Illinois Legislation Will Save Nuclear Plants

December 4, 2016
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After a lengthy process of give and take, the Illinois Legislature approved the Future Energy Jobs Bill (SB 2814) on December 1, the last day of the state’s veto session.

The bill will now go to Gov. Rauner (R) for his signature, which is expected. Once signed, it will take effect on June 1, 2017, a concession that was made to reduce the number of votes required for passage. Even with the change, the bill passed with only three votes to spare in the House and two extra votes in the Senate.

Nuclear Plants Rescued

Exelon predictably praised the bill. The power company claims SB 2814 will maintain competitive electric rates in Illinois, while preserving and creating good-paying jobs and spurring billions of dollars in investment in clean energy and energy efficiency.

But those items weren’t quite what Exelon was fighting for in its effort to push the bill through the General Assembly. It was desperate for the $ 235 million the bill will allow it to collect from customers annually to keep its Clinton and Quad Cities nuclear power plants open.…

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Exelon, America’s Leading Nuclear Generator, Keeps the Faith on Nukes

July 25, 2016
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The U.S. nuclear power business is in trouble, and Exelon has six units totaling more than 5,300 MW of dependable capacity on the chopping block. How will the Chicago electricity giant respond? Perhaps by acquiring more merchant nuclear capacity?

Chicago-based Exelon Corp., the largest nuclear power generator in the U.S., is facing what could be the greatest challenge in the company’s history. Exelon confronts the potential shutdown of six operating nuclear generating units at four stations, out of a fleet of 23 units at 14 stations across the country.

This comes after Exelon essentially abandoned coal, selling off its interests in coal-fired generation. In late 2014, the company unloaded its last minority shares in major coal generation, the Keystone (42%) and Conemaugh (32%) plants in central Pennsylvania, once a significant element in its power mix (see sidebar “Exelon’s Generating Fleet”). RTO Insider newsletter commented, “Exelon once had extensive coal-fired generation but has either sold or retired them over the years as it concentrated on new gas-fired generation and its massive nuclear fleet.”…

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