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IEEFA Update (Corrected): Wind in the Wires, and More on the Way

IEEFA Update (Corrected): Wind in the Wires, and More on the Way

30 States Have Projects Under Construction or in Advanced Development

Wind power is a rapidly growing source of electricity in the U.S., doubling its share of generation in just five years, to 4.9 percent in 2015. The declining cost of wind power, along with cheap natural gas, has put tremendous financial pressure on both coal-fired and nuclear power plants, and is changing the mix of fuels […]

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D.C. Commission, in Surprise 2-1 Reversal, Approves Pepco-Exelon Merger

Thomas Heath and Aaron C. Davis for the Washington Post: District regulators approved a $6.8 billion merger between Pepco Holdings and Exelon on Wednesday, creating the largest publicly held utility in the country. The decision marked a surprising turn of events for the deal, which D.C. regulators had rejected twice and which appeared to be […]

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The Nine-State Regional Greenhouse Gas Initiative: A Potential Model for U.S. Carbon-Emissions Reductions

The Nine-State Regional Greenhouse Gas Initiative: A Potential Model for U.S. Carbon-Emissions Reductions

An Instructive Path Forward for Clean Power Plan Compliance

Last month as Senate Republicans passed two resolutions to strike down provisions of the Clean Power Plan, members of the Regional Greenhouse Gas Initiative (RGGI), a collaboration of nine Mid-Atlantic and Northeastern states, met in New York. Discussions centered on how the country’s first carbon cap-and-trade market will approach compliance with the EPA’s Clean Power […]

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Exelon Takeover of Pepco, Resurrected by D.C. Mayor, Still Fails the Public-Interest Test

Exelon Takeover of Pepco, Resurrected by D.C. Mayor, Still Fails the Public-Interest Test

Higher Rates, More Risk, Less Interest in Renewables

Even in its latest guise, the proposed settlement of the Exelon-Pepco merger fails the public-interest litmus test. We’ve filed public comment to that effect with the District of Columbia Public Service Commission today (and we’ve written a cautionary letter and memo to the D.C. City Council, which of course holds considerable political sway). The gist […]

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Calls for Ethics Inquiry on D.C. Mayor’s Embrace of Exelon-Pepco Merger

Aaron C. Davis for the Washington Post: Environmentalists and good government groups on Wednesday called for an ethics investigation into D.C. Mayor Muriel E. Bowser’s decision to reverse course and to back a takeover of Pepco, the city’s electric utility, by Exelon, a Chicago-based nuclear energy giant. Critics of the mayor’s about-face, which breathed new […]

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D.C. Commission to Reconsider Allowing Exelon-Pepco Merger to Go Forward

Kate Ryan for WTOP: City regulators will take another look at the potential Pepco-Exelon merger, following a unanimous vote Wednesday to consider a settlement Exelon reached with the District. In August, the D.C. Public Service Commission denied an application for the merger, saying it wasn’t good for the public’s interest. Opponents say the merger would […]

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Maryland AG Pushes for Commission to Block Exelon Takeover of Pepco

Carrie Wells for the Baltimore Sun: Attorney General Brian E. Frosh joined an effort in court Wednesday to require the Maryland Public Service Commission to reconsider its approval of Exelon Corp.’s merger with Pepco Holdings. Frosh filed a friend of the court brief in an effort by the Office of People’s Counsel, Maryland’s consumer advocate, […]

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D.C. Mayor Flip-Flops on Merger as Exelon Offers $78 Million in Incentives

Tom Heath in the Washington Post: Exelon chief executive Christopher M. Crane struck a conciliatory tone at Bowser’s announcement. “We really do appreciate the responsibility of serving the nation’s capital, and we consider it an honor,” Crane said. “We’re here to serve you, at the will of the commission.” He is offering a grab bag […]

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Exelon’s Appeal of D.C. Refusal to Allow Electric-Company Takeover Dodges the Core Doubts

In It’s Most Recent Salvo, a Chicago Company Does Not Acknowledge Why It Really Wants to Get Its Hands on Pepco

In its petition this week asking the District of Columbia’s Public Service Commission to rethink its decision not to let Exelon Corp. take over Pepco Holdings, Exelon ignores the underlying reasons for why the merger would be a bad deal for D.C ratepayers. The appeal makes no mention, for instance, of the elephant in the room: […]

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Exelon Seeks Reversal of D.C.’s Merger Denial

Amy Poszywak for SNL: Exelon, according to spokesman Paul Adams, is planning to file a petition for reconsideration of the deal with D.C. regulators but is not yet at liberty to discuss the specifics of their approach. Sept. 28 marks the end of a 30-day window that the companies were given to make the request […]

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