Exelon split completed; Constellation launched

February 2, 2022, 3:00PMNuclear News

Constellation, formerly Exelon Generation, owner and operator of the nation’s largest nuclear reactor fleet, announced this morning the completion of its separation from Exelon Corporation and its launch as a stand-alone, publicly traded company. Headquartered in Baltimore, Md., the new company began trading today on the Nasdaq Global Select Market under the symbol “CEG.”

Exelon announced last February that it had begun the effort to separate its utility businesses from its competitive power generation and customer-facing energy businesses.

NRC okays license transfers for Exelon plants

November 18, 2021, 3:00PMNuclear News

The Nuclear Regulatory Commission has approved the indirect transfer of the licenses for 23 operating and five decommissioning reactors, as well as their associated independent spent fuel storage installations, from Exelon Corporation to a new company as part of a corporate restructuring, the agency announced yesterday.

DOE awards $50 million cost share for Limerick I&C modernization

October 22, 2021, 9:29AMNuclear News
Limerick nuclear power plant. (Photo: Arturo Ramos)

The Department of Energy is providing $50 million in a cost-sharing project with Exelon Generation to digitalize the control room at the company’s Limerick nuclear power plant, the department announced yesterday. Once implemented, the facility will house the first fully digital safety system upgrade at a U.S. nuclear power plant.

Keep nuclear generation at current levels, says Pennsylvania climate plan

September 29, 2021, 7:00AMANS Nuclear Cafe

The 2021 Pennsylvania Climate Action Plan recommends 18 “strategies” for realizing Gov. Tom Wolf’s goal of an 80 percent reduction in the state’s greenhouse gas emissions (from 2005 levels) by 2050. Two of the strategies are for the electricity-generation sector: (1) maintain operation at Pennsylvania’s nuclear power plants through at least 2050, and (2) achieve a 100 percent carbon-free grid by 2050.

In addition to focusing on electric power generation, the plan includes strategies for other major carbon-emitting sectors in the fossil fuel–heavy state, including transportation, industry, agriculture, and residential and commercial buildings. For each strategy, emission reductions, costs, and benefits in jobs and economic growth are quantified and health and social benefits analyzed.