Friday, September 20, 2024

Exelon Corp News

EDF Halts GE Turbine at Bouchain, Following U.S. Shutdowns

French power utility Electricite de France SA said on Tuesday it has shut down a General Electric Co turbine at its Bouchain power plant for one month due to a turbine blade issue that has shut down similar plants in…

GE Says Four Flagship Power Turbines are Shut Down in U.S.

General Electric Co said on Thursday that four of its new flagship power turbines in the United States have been shut down due to an "oxidation issue" and warned it expects the problem to affect 51 of the giant machines it has shipped…

Exelon to Shut N.J. Oyster Creek Reactor Earlier than Planned

Exelon Corp said on Friday it will shut the Oyster Creek nuclear power plant in New Jersey in October 2018, about a year earlier than planned. In an agreement with New Jersey in 2010, Exelon said it would shut the plant…

Exelon's Power Unit Files for Chapter 11 Bankruptcy

Exelon Corp's ExGen Texas Power LLC unit on Tuesday filed for Chapter 11 bankruptcy protection after struggling to cope with massive swings in energy prices. Exelon estimates a pre-tax gain of $125 million to $200 million…

Three Mile Island to Close in 2019

Pennsylvania's Three Mile Island power plant will close in 2019, 40 years after the worst nuclear accident in U.S. history, as low natural gas prices make the costs of atomic energy uncompetitive, its owner said on Tuesday.

GE Signs Exelon In Its Largest Power-plant Software Deal

General Electric Co has signed up U.S. energy utility Exelon Corp to use its full software set to analyze and manage power plants in 48 states, the largest GE deployment in the power sector so far, the companies said on Tuesday.

U.S. Top Court Upholds Electricity Markets Rule

The U.S. Supreme Court on Monday upheld a major Obama administration electricity markets regulation aimed at encouraging efficiency in the market by having grid operators pay large users to reduce consumption at peak times.

Exelon: Pennsylvania Reactor Back in Service

Exelon Corp said on Thursday that Unit 3 at its Peach Bottom nuclear power plant in Pennsylvania was returned to service following a refueling and maintenance outage. The 1,122-megawatt unit was shut for planned refueling on Sept.

Texas Power Demand Breaks Record Again in Heat Wave

The Texas power grid operator said electric demand hit another record high on Monday as consumers cranked up their air conditioners to escape a brutal heat wave. Demand reached a record 69,783 megawatts on Monday, topping the previous records of 68,912 MW set on Aug.

TX Power Demand Soars, Prices Spike

The Texas power grid operator said electric demand hit an all-time peak for a second day in a row on Thursday as consumers cranked up their air conditioners to escape a brutal heat wave, and power prices rose to an 18-month high.

Texas Power Demand at Record High

The Texas power grid operator said demand for electricity hit an all-time record as consumers cranked up air conditioners to escape a brutal heat wave on Wednesday, breaking the previous record set four years ago. Demand reached 68…

Small Fire Out at Exelon's PA Nuclear Facility

Exelon Corp said on Sunday that a small electrical fire was extinguished in the reactor building at its 2,264-megawatt Limerick nuclear power plant in Pennsylvania. "The fire was contained in an electrical panel that overheated," the statement from the company said.

Greenhouse Gas Emissions Rise, Despite Call for Cuts

Greenhouse gas emissions by the world's top 500 companies rose 3.1 percent from 2010 to 2013, far off the cuts urged by the United Nations to limit global warming, a study showed on Monday. The top 500 firms by capitalisation…

New England Power Grid Warns of Winter Natgas Constraints

New England should have enough electricity to meet demand this winter but the natural gas pipeline constraints that caused price spikes on the coldest days last winter will be a "concern" again this year, the region's power grid operator said Thursday.

GE in $500 mln Equipment Deal with Exelon

General Electric Co said on Monday it has won an order worth more than $500 million to provide power-generating equipment to U.S.-based Exelon Corp , including four of GE's highest efficiency gas turbines. Exelon said…

Storms Cut Power to Over 600,000 in Michigan, Illinois

More than 600,000 electric customers in Michigan and Illinois lost power at the height of storms that brought heavy winds and lightning, ripping up trees, downing power lines and leaving at least two people dead, officials said on Saturday.

Wisconsin Energy to Buy Integrys

Wisconsin Energy Corp said it would buy Integrys Energy Group Inc for $5.71 billion to create a larger, more diverse Midwest electric and natural gas delivery company. The deal is the latest in a series of transactions…

Wisconsin Energy to Buy Integrys

Wisconsin Energy Corp said it would buy Integrys Energy Group Inc for $5.71 billion to create a larger, more diverse Midwest electric and natural gas delivery company. The combined company, to be named WEC Energy Group Inc…

Stricter EPA Rules Could boost Nuclear Sector

U.S. environmental regulators could throw a lifeline to the nation's ailing nuclear power fleet when they unveil landmark carbon pollution curbs next week, heeding calls from operators like Exelon Corp to acknowledge nuclear energy as a valuable way to reduce emissions.

Duke Energy profit beats as power demand, rates rise

Adjusted profit $1.17/share vs est. $1.12; Operating revenue rises 12 pct to $6.62 bln. Duke Energy Corp, the largest U.S. power company by market value, reported a better-than-expected adjusted profit for the second…