FERC OKs ISO-NE Plan to Keep Gas-Fired Mystic Units Open Through 2024

FERC has accepted a proposal by ISO New England (ISO-NE) that would pay $406 million in cost-of-service compensation to Constellation Mystic Power LLC in an effort to keep two natural gas-fired generating units in Massachusetts open through May 2024.

July 17, 2018
Exelon to Buy Engie’s Everett LNG Import Terminal

Exelon to Buy Engie’s Everett LNG Import Terminal

Engie SA, which is unloading its global upstream liquefied natural gas (LNG) business in a mega-deal with Total SA, has agreed to sell its gas import terminal near Boston to Exelon Generation.

April 2, 2018

Exelon Threatens to Close Three Mile Island Without Pennsylvania Subsidy

Exelon Corp. warned that it would permanently shutter the single operating unit at its troubled Three Mile Island (TMI) nuclear reactor in Pennsylvania in 2019, unless the state agrees to subsidize the plant, which hasn’t been profitable in five years.

June 1, 2017

Constellation Expanding Retail Gas, Power Business in ConEd Deal

Exelon Corp. unit Constellation has agreed to acquire the retail power and natural gas business of ConEdison Solutions, which is a subsidiary of Consolidated Edison Inc.

July 27, 2016

DC Regulators Approve $6.8B Exelon-Pepco Merger

The proposed merger of Exelon Corp. and Pepco Holdings Inc. (PHI) appears to have ended its regulatory roller coaster ride through the nation’s capital with the deal’s approval Wednesday by the District of Columbia Public Service Commission (PSC).

March 23, 2016

$6.8B Exelon-Pepco Merger Hits Another DC Speed Bump

Exelon Corp. and Pepco Holdings Inc. (PHI) on Friday saw their merger plans once again sidelined in Washington, DC, when the District of Columbia Public Service Commission (PSC) rejected their proposal and gave the companies two weeks to accept new, PSC-authored terms.

February 26, 2016

DOE Inspector General Finds No Fault With FERC Enforcement Cases

A review of more than three dozen self-reported cases handled by FERC’s Office of Enforcement (OE) found no evidence that OE “had not performed enforcement activities in accordance with its own policies and procedures,” according to the Department of Energy’s (DOE) Office of Inspector General (OIG).

October 7, 2015

$6.8B Exelon-Pepco Merger Back On Track in DC

Exelon Corp. and Pepco Holdings Inc. (PHI) have reached a settlement agreement with District of Columbia (DC) opponents to their planned merger.

October 7, 2015
Exelon, Pepco Appeal District of Columbia Merger Denial

Exelon, Pepco Appeal District of Columbia Merger Denial

Pepco Holdings Inc. (PHI) and Exelon Corp. have asked the Public Service Commission of the District of Columbia (PSC) to reconsider its denial of authorization for their planned merger.

September 30, 2015

Constellation Offers Ohio Consumers Competitive Gas Rates

Constellation Energy Gas Choice, a unit of Chicago-based Exelon Corp. and a long-time competitive energy supplier in Ohio, said Tuesday that it has been selected by Trumbull County in northeastern Ohio to provide residents and small businesses with natural gas following a competitive bidding process under the state’s natural gas choice, governmental aggregation program.

January 16, 2013
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