EXC Exelon Corporation

Exelon Generation’s Three Upstate Nuclear Plants Ran at Full Capacity During Winter Storm Grayson

As Winter Storm Grayson pounded the East Coast with high winds, bone-chilling temperatures and historic power demands, Exelon Generation’s Upstate New York nuclear facilities, including R.E. Ginna, Nine Mile Point and FitzPatrick, operated at 100 percent power, delivering critical electricity to more than three million homes and businesses during near-record levels of demand for power.

Similar to the Polar Vortex, Winter Storm Grayson caused massive spikes in electricity demand. According to the New York Independent System Operator (NYISO), the highest demand during the storm reached 25,081 megawatts on Jan. 5, approaching NYISO’s record winter peak demand of 25,738 megawatts, which was set on Jan. 7, 2017. During the Polar Vortex of 2014, Exelon Generation’s nuclear fleet operated at 95 percent capacity.

“Our performance this past week helps demonstrate nuclear power’s reliability and resiliency nationally,” said Chief Nuclear Officer Bryan Hanson. “Millions of people count on the electricity our nuclear facilities provide, in homes, businesses, schools and hospitals, so we prepare for winter all year long to meet our reliability commitments.”

All 14 Exelon Generation nuclear facilities operate more than 90 percent of the time, even though the reactors are taken offline for refueling outages every 18 to 24 months. With on-site fuel and 18- to 24-month operating cycles, Exelon Generation’s nuclear plants don’t face fuel availability or delivery problems in inclement weather.

Winter resiliency and reliability requires year-long planning, preparation and maintenance. Exelon Generation workers spend months ensuring that backup generators and spare equipment is ready for inclement weather. This fall, operators and maintenance personnel inspected freeze protection systems, tested electrical equipment, and properly aligned plant systems to prepare all Exelon Generation facilities for sub-zero temperatures, icy conditions and heavy snowfall. These efforts are in addition to the many equipment upgrades and “winter readiness” maintenance activities performed during refueling outages.

Exelon Generation, a subsidiary of Exelon Corporation (NYSE: EXC), is one of the largest, most efficient clean energy producers in the U.S., with a generating capacity of more than 35,500 megawatts. Exelon Generation operates the largest U.S. fleet of carbon-free nuclear plants with 20,300 megawatts of capacity from 23 reactors at 14 facilities in Illinois, Maryland, New Jersey, New York and Pennsylvania. Exelon Generation also operates a diverse mix of wind, solar, landfill gas, hydroelectric, natural gas and oil facilities in 18 states with more than 15,200 megawatts. Exelon Generation has an industry-leading safety record and is an active partner and economic engine in the communities it serves by providing jobs, charitable contributions and tax payments that help towns and regions grow. Follow Exelon Generation on Twitter @ExelonGen, view the Exelon Generation channel on YouTube, and visit: http://www.exeloncorp.com/companies/exelon-generation.

EN
09/01/2018

Underlying

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

Reports on Exelon Corporation

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

Vermilion Compass: Weekly Equity Strategy

Upgrade Staples to Overweight; Downgrading Services We maintain our near-term bullish outlook on the S&P 500 (SPX) and Russell 2000 (IWM), which has remained in place since 4/22/25, aside from one week (11/19/25-11/25/25) when we went to neutral. We will stay near-term bullish as long as crucial support levels of 6780-6824 on SPX and $255-$257 on IWM continue to hold; every minor dip below these levels has been for no longer than a day, before buyers have stepped-in. We continue to see more det...

 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-...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch