District of Columbia
Several state consumer advocates filed a complaint at FERC alleging PJM’s capacity market is failing to mitigate market power, overestimating future load and producing high clearing prices that generation owners cannot act on.
The dispute between Exelon and Constellation Energy continued to play out in FERC, as the latter and others protested a series of filings from the former’s utilities seeking to implement new rules for co-locating data centers at power plants in their territories
Exelon prioritized improving "our regulatory outlook in Illinois," CEO Calvin Butler said, after the state's Commerce Commission rejected ComEd's integrated grid plan for failing to meet core provisions of the Climate and Equitable Jobs Act.
Getting more solar on the grid is a critical issue in D.C., Maryland and Virginia, each of which has set ambitious targets for running their electric systems on 100% clean power.
"The energy transformation will last decades, not years, which is why we are confident that investment opportunities will continue to strengthen and lengthen our rate base growth,” CEO Calvin Butler said.
A major focus at the Energy Bar Association meeting was on how to ensure reliability and affordability as the grid transitions to a cleaner future.
Exelon utilities will work on transmission upgrades as the Brandon Shores coal-fired power plant prepares for deactivation.
Exelon's CEO spent part of Wednesday’s first-quarter earnings call talking about how the company will help meet states' decarbonization targets.
Jennifer Granholm announced new funding opportunities and projects aimed at expanding access to solar for low- and moderate-income consumers and communities.
Acting FERC Chairman Willie Phillips made his first comments since taking over the agency.
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