KENNETT SQUARE, Pa.,
April 1, 2014 /PRNewswire/ -- Three
nuclear energy plants owned by Constellation Energy Nuclear Group,
LLC today officially joined Exelon Generation's fleet of nuclear
plants, expanding what was already the nation's largest commercial
nuclear operation.
The three CENG plants include five reactors capable of
generating more than 4,200 megawatts at full power. They
include:
- R.E. Ginna Nuclear Power Plant in Ontario, NY, a single 583-megawatt pressurized
water reactor.
- Nine Mile Point Nuclear Station in Scriba, NY, two boiling
water reactors totaling 1,937 megawatts.
- Calvert Cliffs Nuclear Power Plant in Lusby, Md., two pressurized water reactors
totaling 1,768 megawatts.
The NRC approved license transfers for the three plants on
Tuesday, March 25.
The consolidation, which followed the March 2012 merger between Exelon and
Constellation Energy Group Inc., expands the fleet of reactors
Exelon operates to 23 nuclear generating units at 14 locations in
Illinois, Pennsylvania, Nebraska, New
York, New Jersey, and
Maryland. The 23 units have the
capability to generate more than 22,000 megawatts.
Michael J. Pacilio, Exelon
Nuclear's President and Chief Nuclear Officer, will lead the newly
expanded fleet, which will operate under Exelon Nuclear's
management model, a driver of success and consistent operations at
all stations. Maria G. Korsnick will
remain chief nuclear officer of CENG.
The consolidation is an organizational and operational
re-alignment, not a purchase or transfer of assets. Electricite de
France (EDF) and Exelon remain
co-owners of CENG, with Exelon owning 50.01 percent of CENG and EDF
49.99 percent. CENG remains governed by a board of directors
comprising five representatives from EDF and five from Exelon.
Exelon Senior Executive Vice President and Chief Strategy Officer,
William A. Von Hoene, Jr., also
becomes chairman and CEO, CENG.
Exelon Corporation and Constellation Energy completed their
merger on March 12, 2012. Through
that union, Exelon became EDF's joint venture partner in CENG and
also the leading U.S. competitive energy provider, with one of the
cleanest and lowest-cost power generation fleets and largest retail
customer bases in the nation.
CENG was formed as a joint venture between Constellation Energy
and EDF in 2009 to hold and oversee operations of the three
Constellation nuclear plants. Following the Exelon and
Constellation merger in 2012, Exelon Generation and CENG continued
to operate autonomously as separate companies until today's
integration.
Exelon Corporation (NYSE: EXC) is the nation's leading
competitive energy provider, with 2013 revenues of approximately
$24.9 billion. Headquartered in
Chicago, Exelon has operations and
business activities in 47 states, the District of Columbia and Canada. Exelon is one of the largest
competitive U.S. power generators, with more than 35,000 megawatts
of owned capacity comprising one of the nation's cleanest and
lowest-cost power generation fleets. The company's Constellation
business unit provides energy products and services to
approximately 100,000 business and public sector customers and
approximately 1 million residential customers. Exelon's utilities
deliver electricity and natural gas to more than 6.6 million
customers in central Maryland
(BGE), northern Illinois (ComEd)
and southeastern Pennsylvania
(PECO).
SOURCE Exelon Generation