|
|
|
|
|
Exelon COO Says Resource Adequacy Discussions In Pennsylvania Going "Very Well"; CEO Talks Utility-Owned Generation
The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com
During an earnings call, Exelon executives discussed efforts to advocate for utility-owned generation in Exelon's various distribution service areas
Addressing a review of resource adequacy by Pennsylvania policymakers, Michael Innocenzo, Exelon EVP & COO, said that, "discussions in Pennsylvania continue to go very well."
In addition to active bills in the Pennsylvania legislature proposing to allow utility-owned generation, "we're talking with the governor's offices about, on all of the above solutions, including longer-term PPAs, contracts," Innocenzo said
Innocenzo expects more activity in the spring, noting that current budget discussions are being prioritized in Pennsylvania's legislature
Innocenzo noted that the Pa. PUC recently issued an RFP for a third-party consultant to perform a resource adequacy study
The PUC's RFP for a resource adequacy study, whose response deadline closed on Oct. 31, stated, "The study aims to evaluate electricity resource adequacy in the Commonwealth of Pennsylvania and PJM territories over the next fifteen years, providing policymakers with an independent assessment of load forecasting."
Among other things, the selected third-party contractor is to provide, "a final report that summarizes findings regarding electric resource adequacy in PJM and Pennsylvania, including implications of gathered data on generation resources and demand forecasts."
Speaking more broadly, Exelon CEO Calvin Butler affirmed that, "we're increasingly advocating that our jurisdictions take more control over their power supply."
Such jurisdictions, "can complement supply induced by better designed markets with solutions like utility-owned generation that regulators oversee, giving them control, certainty, and cost benefits for customers that markets alone don't offer," Butler said
Butler also specifically discussed Maryland, which recently received responses to a solicitation for new generation as part of establishing a project's eligibility for an expedited CPCN process
Butler said of the Maryland solicitation process, "while we appreciate that they received some responses, our view is that they fall short of what's needed for the state and for PJM more broadly. Having said that, we're happy to see that several parties stepped up and actually talked about adding supply."
"Let's be clear, this is all about solving the problem and bringing energy costs under control for our customers. And that's what we're focused on, affordability and reliability each and every day. Customers have voiced very strongly that they're frustrated with high energy costs, and we are frustrated, too. But overall, we are encouraged to see a reply to the RFP. And like I said, the disclosed need fell short of the goal, and we'll have to see what the Maryland Department of Natural Resources and other stakeholders recommend to the PSC, but we are more than willing to step up," Butler said
"And as we've said before ... if the competitive market is willing to step up and fill this need to meet us where we are at this time, and not relying on the old rules of the past, we're okay, but it's time to move forward and continue to be progressive and aggressive in what we're trying to do for the state," Butler said
ADVERTISEMENT Copyright 2025 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication
prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com
November 4, 2025
Email This Story
Copyright 2025 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW -- Account Executive (Commercial Retail Energy)
|
|
|
|
|