KENNETT SQUARE, Pa.,
Jan. 21, 2016 /PRNewswire/
-- Exelon Generation commends the New York Public Service
Commission for voting unanimously today to move forward with an
ambitious Clean Energy Standard that values the vital environmental
and economic benefits of nuclear energy.
As operator of one of the nation's leading clean energy fleets,
Exelon Generation fully supports policies that promote the
transition to low-carbon generation while avoiding the premature
retirement of clean, safe and reliable nuclear facilities.
"We salute PSC Chair Audrey
Zibelman and the full commission for their bold action today
in support of clean energy, renewed private investment and lower
rates for New York customers,"
said Joe Dominguez, Exelon's
executive vice president of governmental and regulatory affairs and
public policy. "Progressive energy policies will help ensure that
Exelon's upstate nuclear stations can continue delivering
zero-carbon electricity and driving local economies for many years
to come. We look forward to working with the governor, the PSC and
other stakeholders to learn more about this ambitious plan."
Exelon's two upstate nuclear plants, R.E. Ginna and Nine Mile Point, provide
significant benefits to New York
families, communities and businesses that depend on the reliable
electricity, jobs and tax dollars they provide. The plants also
play a key role in meeting New
York's greenhouse gas standards now and over the long-term.
Combined, the facilities produce more than 2,500 megawatts, and
their clean air generation enhances New
York's ability to improve air quality in the state. The
stations also contribute significantly to the upstate New York economy, providing more than 17,000
direct and secondary jobs as well as nearly $100 million in direct and secondary state and
local tax revenues.
Exelon Generation operates the largest fleet of nuclear plants
in the nation. The fleet consists of 23 reactors at 14 locations in
Illinois, Maryland, Nebraska, New
Jersey, New York and
Pennsylvania. Exelon will work
with the governor, the New York
State Public Service Commission and other stakeholders as
New York's Clean Energy Standard
takes shape.
Exelon Corporation (NYSE:EXC) is the nation's leading
competitive energy provider, with approximately $33 billion in annual revenues. Headquartered in
Chicago, Exelon has operations and
business activities in 47 states, the District of Columbia and Canada. Exelon is the largest competitive U.S.
power generator, with approximately 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 approximately 6.6 million customers
in central Maryland (BGE),
northern Illinois (ComEd) and
southeastern Pennsylvania (PECO).
Learn more at: www.exeloncorp.com.
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SOURCE Exelon Generation