WBEZ | Exelon Corp http://www.wbez.org/tags/exelon-corp Latest from WBEZ Chicago Public Radio en NY state gives OK to Exelon-Constellation deal http://www.wbez.org/story/ny-state-gives-ok-exelon-constellation-deal-94977 <p><p>New York regulators have approved Exelon Corp.'s merger with Baltimore-based Constellation Energy Group Inc., which operates three nuclear power plants on Lake Ontario in upstate New York.</p><p>The state Public Service Commission said Thursday that it has ended its eight-month review of Exelon's purchase of Constellation Energy's controlling interest in the Robert E. Ginna (jihn-AY') plant in Wayne County and the Nine Mile Point I and II reactors in Oswego County.</p><p>The PSC says the sale would have no significant impact on New York ratepayers.</p><p>Chicago-based Exelon is buying Constellation for nearly $8 billion. Exelon is the nation's largest nuclear-power generator, and the deal will give the company five more reactors from Constellation when it's complete.</p><p>The Ginna plant was built by Rochester Gas and Electric and sold to Constellation in 2004 for $408 million.</p></p> Fri, 16 Dec 2011 17:25:00 -0600 http://www.wbez.org/story/ny-state-gives-ok-exelon-constellation-deal-94977 Illinois nuclear power plants must submit emergency response plans http://www.wbez.org/story/illinois-nuclear-power-plants-must-submit-emergency-response-plans-86394 <img typeof="foaf:Image" src="http://llnw.wbez.org/story/photo/2011-May/2011-05-11/Byron Nuclear Power Plant_Flickr_Keith 011764.jpg" alt="" /><p><p>The Nuclear Regulatory Commission is demanding that operators of the 104 U.S. nuclear reactors, including those in northeast Illinois, submit detailed information about how they plan to respond to extreme emergency situtations, including a possible terrorist attack.</p><p>NRC Chairman Gregory Jaczko said Wednesday the agency will require operators to submit by June 10 details about plans, equipment and personnel in place to respond to such vents.</p><p>Illinois is home to more nuclear reactors than any other state in the nation.&nbsp; Add in nearby facilities in Wisconsin and southwest Michigan, and the total number of nuclear power plants is 10. Click<a href="http://www.wbez.org/blog/city-room-blog/2011-03-16/map-chicago-area-nuclear-power-plants-glance-83819"> here</a> for a map of the region's nuclear power plants.</p><p>"We’ll review the plants’ responses to see if they need to take any additional actions to meet our existing requirements, along with seeing what the NRC might need to do to enhance those requirements and continue to protect public health and safety,” said Jaczko.</p><p>The agency has required nuclear power plants to prove their ability to respond to terrorism since the 2001 attacks on New York and Washington, but officials began updating emergency response requirements following the March 11 earthquake and tsunami that triggered a nuclear crisis in Japan.</p><p>“Our task force examining information from the Japan quake will also go over the Bulletin responses as part of its ongoing review of our requirements,” said Jaczko.</p><p>Jaczko said officials want to ensure those strategies still work and that employees at nuclear plants know how to carry them out.&nbsp;</p><p>Operators will be required to provide more detailed information by mid-July.</p></p> Wed, 11 May 2011 15:18:00 -0500 http://www.wbez.org/story/illinois-nuclear-power-plants-must-submit-emergency-response-plans-86394 A look at Exelon's green efforts http://www.wbez.org/episode-segments/look-exelons-green-efforts <img typeof="foaf:Image" src="http://llnw.wbez.org/nuclear plant.jpg" alt="" /><p><p><em>A correction has been made to this story.</em></p><p>When local energy giant <a href="http://www.exeloncorp.com/Pages/home.aspx" target="_blank">Exelon Corp</a>. last week announced plans to invest nearly $5 billion in clean energy products, many green ears perked up. The fine print may be a bit more complicated. The company aims to reduce its carbon footprint by investing in energy-efficient and renewable energy programs. Exelon also wants to increase output at its nuclear plants. <br />&nbsp;</p><p>Exelon owns or operates seven nuclear facilities in Illinois. It also plans to soon close a couple of money losing coal-fired plants.</p><p>So, are company officials making this investment out of concern for the environment or their bottom line? To help decipher Eight Forty-Eight's spoke with business contributor David Greising. <br />&nbsp;</p><p><em>Correction: An earlier web version of this story </em><em>misstated that Exelon Corp. </em><em>owns two controversial coal-fired power plants in the Chicago area.</em>&nbsp; <em>Exelon sold the plants in question to Midwest Generation.</em></p></p> Tue, 23 Nov 2010 14:53:00 -0600 http://www.wbez.org/episode-segments/look-exelons-green-efforts