EXC Exelon Corporation

ComEd Conducting Illinois’ First Community Energy Storage Pilot

ComEd announced today the launch of a pilot project to test the use of battery storage technology to reduce the impact of power outages in residential areas where customers experience service interruptions, particularly in extreme weather events.

ComEd’s Community Energy Storage (CES) pilot is being conducted in Beecher, Ill., approximately 40 miles south of Chicago. The pilot will focus on improving power reliability for customers experiencing multiple interruptions. One of the first utilities in the nation to install CES, ComEd will also evaluate the potential of this technology to serve as a proactive tool to drive continuous improvement in service reliability.

“Through grid modernization and smart grid investments, our reliability performance has been best on record for five years running, and we’re committed to continuous improvement,” said Michelle Blaise, senior vice president, Technical Services, ComEd. “We want all ComEd customers to experience great reliability and that’s why we’re innovating and piloting emerging technologies such as energy storage to bring new value to communities and help improve service for our customers. We’re excited about the potential that battery storage offers to minimize the impact of a power outage while we continue to make progress in preventing them.”

ComEd is using the PureWave Community Energy Storage system from Chicago-based S&C Electric Company. Featuring a 25kWh lithium-ion battery, the CES unit was installed near the existing ComEd equipment that provides power to the homes of Beecher customers selected for the pilot. In the event of a power outage, the energy storage system will automatically restore power and has enough capacity to supply power to a group of customers for the duration of most typical outages. The momentary power outage when the battery storage takes over is barely perceptible while crews take the precautions needed to ensure a safe and seamless return-to-normal.

Blaise said that additional CES pilots are planned for the ComEd service territory. ComEd is also exploring the potential of energy storage to support the integration of renewable energy sources. The company received a $4 million grant from the Department of Energy to develop and test a system that integrates solar and battery storage with a microgrid, which is a small energy grid that can power a local, defined area in times of emergency.

Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (NYSE: EXC), the nation’s leading competitive energy provider, with approximately 10 million customers. ComEd provides service to approximately 3.9 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com, and connect with the company on Facebook, Twitter and YouTube.

EN
16/03/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Exelon Corporation

 PRESS RELEASE

Exelon Appoints David DeWalt to Board of Directors

CHICAGO--(BUSINESS WIRE)-- Exelon (Nasdaq: EXC) today announced the appointment of David DeWalt, founder and chief executive officer of cybersecurity and venture capital firm NightDragon, to its Board of Directors effective March 10, 2025. This press release features multimedia. View the full release here: David DeWalt, founder and chief executive officer of cybersecurity and venture capital firm NightDragon. (Photo: Business Wire) DeWalt, 60, is a global authority on technology, security and safety, and he helmed cybersecurity industry leaders FireEye, Inc., and McAfee, Inc., before founding ...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

S&P 500 and Nasdaq 100 Testing Initial Support In last week's 2/25/25 Compass, we discussed our expectation for near-term downside as the S&P 500 and Nasdaq 100 (QQQ) displayed several bearish short-term developments. We also said it likely means at least another 2-4 weeks of consolidation, and that if the S&P 500 remains below 6100 and 6150 resistances, do not be surprised if there is a test of the bottom of the range at either 5770-5850 or 5600-5670, where we would be buyers (though we need 5...

 PRESS RELEASE

Exelon Reports Fourth Quarter and Full Year 2024 Results and Initiates...

CHICAGO--(BUSINESS WIRE)-- Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2024. "I am pleased to announce Exelon has delivered against our financial goals for the third straight year since becoming a transmission and delivery-only company, and we delivered top quartile performance across all our local energy companies, with ComEd and Pepco Holdings in the top decile," said Exelon President and Chief Executive Officer Calvin Butler. "Our commitment to our customers, grid reliability, community investment and being an economic engine ...

 PRESS RELEASE

Exelon’s Local Energy Companies Recognized as “Customer Champions” in ...

CHICAGO--(BUSINESS WIRE)-- Exelon’s local utility companies BGE, ComEd, Delmarva Power and Pepco were named by Escalent, a leading research, data analytics and advisory firm specializing in human and market behavior. The study evaluates utility companies’ ability to deliver effective customer programs with clear communications about improvements – all while building and engaging in customer relationships. Customer Champions are distinguished amongst their industry peers in measured attributes that ensure customer awareness in areas ranging from customer service to energy savings. The web-...

 PRESS RELEASE

Exelon Corporation Announces Chief Legal Officer and Corporate Secreta...

CHICAGO--(BUSINESS WIRE)-- Exelon Corp. (Nasdaq: EXC) announced today that it is consolidating the executive leadership team, with Gayle Littleton stepping down as Executive Vice President, Chief Legal Officer and Corporate Secretary, effective Jan. 1, and assuming the role of Special Advisor to the CEO until March 31. Colette Honorable will assume responsibility for the Legal Department in an expanded role and will be named Chief Legal Officer and Corporate Secretary. Honorable, currently Executive Vice President, Public Policy and Chief External Affairs Officer, will continue leading federal...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch