CHICAGO - Exelon Corporation (NYSE: EXC) today issued the following statement with regard to U.S. Energy Secretary Rick Perry's directive to the Federal Energy Regulatory Commission (FERC) to take action to preserve the nation's baseload sources of power:
'While we are still reviewing the proposed rulemaking, Exelon is pleased that the DOE is proposing action to ensure that attributes of nuclear generation are fully and appropriately valued so that our customers can continue to enjoy the resiliency, security and environmental benefits that they bring to the communities we serve. An IHS Markit study estimated preserving units such as our nuclear fleet will save American families and businesses over $100 billion in energy costs annually. We look forward to engaging with FERC to develop a final rule that will achieve the Secretary's goals.'
Exelon Corporation published this content on 29 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 September 2017 19:49:03 UTC.