This article describes Exelon's new plan to split its power generation operations from it's six utility companies; PECO is one of the six utilities. The utilities themselves are responsible for managing "the wires and networks to deliver power generated by competitive companies." The announcement comes after Exelon announced billions of dollars in losses from three of its Texas power generation facilities. The article cites how incredibly competitive the power generation business has become.
Andrew Maykuth, "Peco parent Exelon plans to separate into two firms: ‘Our customers expect us to continuously innovate’", contributed by Alison Kenner, The Energy Rights Project, Platform for Experimental Collaborative Ethnography, last modified 28 February 2021, accessed 5 November 2024. https://energyrights.info/content/peco-parent-exelon-plans-separate-two-firms-‘our-customers-expect-us-continuously-innovate’
Critical Commentary
This article describes Exelon's new plan to split its power generation operations from it's six utility companies; PECO is one of the six utilities. The utilities themselves are responsible for managing "the wires and networks to deliver power generated by competitive companies." The announcement comes after Exelon announced billions of dollars in losses from three of its Texas power generation facilities. The article cites how incredibly competitive the power generation business has become.