November 23, 2024

ComEd bribery scandal

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Utilities Facing Increased Scrutiny over Political Activities

Bribery scandals and concerns over reliability and the pace of decarbonization have caused increasing scrutiny of utilities’ political activities.

Talen Energy
Exelon Focuses on Energy Transition, Growth in Q2 Earnings Call
Exelon utilities will work on transmission upgrades as the Brandon Shores coal-fired power plant prepares for deactivation.
Exelon
Exelon CEO: Energy Transition ‘Requires Investments,’ Rate Increases
Exelon's CEO spent part of Wednesday’s first-quarter earnings call talking about how the company will help meet states' decarbonization targets.
Ken Lund, CC BY-SA 2.0, via Wikimedia Commons
Jury Finds Former ComEd CEO, 3 Others Guilty in Bribery Trial
Four were charged with 9 counts of conspiracy to bribe former Ill. House Speaker Michael Madigan in exchange for his help in passing bills favorable to ComEd.
State of Illinois
Illinois Commerce Commission Chair Announces Resignation
ICC Chair Carrie Zalewski announced her resignation days before the opening of the trial of a Commonwealth Edison corruption case implicating her father-in-law.
MOPR, COVID Drive 2020 Policies in PJM
COVID-19 was the defining problem of 2020 as PJM worked to overcome difficulties in coordinating deliberations on a host of issues, including the MOPR.
Ill. PIRG Challenges ComEd on Bribery Scandal, EIMA
The Illinois PIRG is calling on Exelon to divest itself from ComEd in the wake of the bribery scandal that has ensnared the company.
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Ex-ComEd CEO, Officials Charged in Ill. Bribery Scheme
Several former ComED executives were indicted in connection to the investigation into bribes of Illinois House Speaker Michael Madigan.
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Advocates Challenge PJM Board on Exelon, FE
Ratepayer advocates challenged the PJM board to take action against Exelon and FirstEnergy, accused of bribing legislators in Illinois and Ohio, respectively.
Exelon to Close Ill. Nukes as Gov. Touts Clean Energy Plan
Exelon (NASDAQ: EXC) will close 2 Illinois nuclear plants that face hundreds of millions of dollars of revenue shortfalls.

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