Search Results for: Exelon

One Woman’s Crusade – Nancy Thorner is Asking Exelon to Please Operate a Large Nuclear Energy Facility Located in Her Backyard

…mation Act? Just an idea that might be worth looking into). And what about Exelon? There was no one from Exelon Corporation at the Zion event. Why? Exelon knows there are questions that demand answers. Exelon Corporation has shut up like a clam. Transparency and openness have been lacking from the beginning with its decision to take Zion ‘s power off the electrical grid. I proceeded to ask about security at the Zion Plant. The Zion Plant has had m…

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Unfriending Exelon – I take back all of the positive articles I have written about the company

…e decision making and political action history of the company now known as Exelon. One of the primary indicators that Exelon has moved into a strategy of dangerously selfish behavior, as opposed to normal corporate efforts to make a profit, is the fact that it operates 17 nuclear power plants and claims that it wants to grow, but it actually owns 19 nuclear power plants with two units at the Zion site that are shuttered with no good technical reas…

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Exelon’s Chris Crane blames lawmakers for his plant closure announcements

…sh cows. Illinois has about 45% nuclear, 45% coal, neighbouring Indiana 85% coal. Exelon has 60% nuclear, 20% gas, 0% coal. They should be lobbying for fee and dividend, and not some obscure and unpopular lex exelon. The fact that Exelon decide to close plants show that they see the chances that fee and dividend or any other meaningful measures to bring down CO2 emissions ar introduced as near zero….

Update: One-Woman Crusade to Encourage Exelon to Restore the Zion Nuclear Power Plant and Operate it In Her Backyard

…istopher Lauzen, who has decided to formally ask Mr. John Rowe, the CEO of Exelon, to provide his side of the story. So far, Exelon has not responded to that letter, which is dated November 24, 2010. In addition to those efforts, Nancy has been participating in as many Internet discussions as she can find that relate to electricity production in her state and region. Like many atomic energy advocates that are concerned about the environment, she w…

Exelon’s Strategy is Working for Stockholders but not Always for Customers

…new plant. That is why it makes me and some other people curious about why Exelon is in such a hurry to turn over the SAFESTOR license for Zion to EnergySolutions so that the plant can be destroyed. There is apparently a fair amount of questioning going on in Northern Illinois, but so far Exelon’s response is that a restart is not an option. I am not as surprised as some other people because I have learned from some very good teachers about the la…

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Modest proposal to Chris Crane, CEO of Exelon

…cts that it faced in the period from 2004-2008. That is the period that an Exelon leader called “the boom years for nuclear.” During that time, Exelon’s stock price reached an all time high of $91.64 and the cash was rolling in as your low marginal cost nuclear plants sold their electricity output into a wholesale market where the selling price for all suppliers was determined by the prices charged by the last generating unit needed to meet projec…

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John Rowe explains how Exelon’s self-interest is served by promoting natural gas

…mpany with the largest fleet of nuclear power plants in the United States. Exelon just completed a merger with Constellation Energy, bringing the total number of nuclear reactors in its fleet to 22 (17 from Exelon and 5 from Constellation). On March 9, 2011 (just two days before the Great North East Japan earthquake and tsunami added the word “Fukushima” next to TMI and Chernobyl in the antinuclear lexicon), Rowe sat down to talk with Nick Schultz…

Exelon goes first with PBMR

…ous cost reduction by eliminating a lot of complex systems and components. Exelon counts about 40 systems in this design compared to more than 120 for a “simplified” pressurized water design. There will also be costs saved in site planning; Exelon and her partners state that the planning zone around the reactor will be 400 meters. Beyond that range, there will be no need for emergency response team involvement or to plan evacuation routes. Exelon

What is Exelon's Interest in B&W's mPowerâ„¢ Modular Reactor?

…announcing their mPower™ modular reactor. In the above video, he describes Exelon’s analysis of some of the potential benefits that can come from modular reactors and he describes Exelon’s involvement in the mPower™ industry advisory council. In one of the strange ways that intellectual activity works, I had just finished processing this clip when I read an article in the Dallas Morning News titled Nuclear Power 101: What all those unintelligible…

USA Today Profile of Exelon CEO John Rowe – Pithy Examples of the "Bootleggers and Baptists" Alliance Working on Climate Change Legislation

…sts to run coal plants go up. That drives energy prices higher, benefiting Exelon, since 92% of its power comes from low carbon-emitting nuclear plants that won’t suffer the same higher costs as coal plants. “Exelon wins sooner or later,” Rowe says. “It may just be after I retire,” at the end of 2012. Read that last sentence again carefully. “Exelon wins. . .” I recognize that Americans have been carefully taught that winning is the only thing and…

Exelon CEO Thinks Electricity is Cheap and Clean Enough Already – Sees No Need to Encourage New Supply

…ure will bring? There is no rush and no regulatory requirement that forces Exelon to destroy Zion now, especially when a little patience might bring some significant long-term rewards. In my correspondence with representatives of the company, Exelon continues to maintain that the plant restoration is “not economical” and also implies that there is no precedent for getting it relicensed. On February 22, 2011, the NRC hosted a public meeting on the…

BP versus Exelon

…ity (38,000) and more than 2/3 of its annual production. Wired states that Exelon’s challenge for 2005 is “Opposition to nuclear energy. Exelon will have to step lightly as it boosts capacity.” According to a an April 2005 poll conducted by CNBC’s Squawk Box, 69% of the 3600 respondents answered “Love it” in response to the question “What do you think of nuclear power?”. The other choices included NIMBY (Not In My Back Yard) – 13% and No Way – 18%…

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