The projects in Illinois, Pennsylvania and other states include energy efficiency and smart grid programs, economic renewable energy investments, and increased output at the company’s nuclear plants.
Exelon’s plans for this investment between 2010 and 2015 in state and local economies will result in new material and equipment orders, engineering and construction contracts, and professional and technical service agreements.
Exelon chairman and CEO John Rowe said that a clean energy portfolio, based on sound economics, creates compelling value and provides a clear competitive advantage.
Exelon said it is now halfway to achieving its goal to eliminate the equivalent of its 2001 carbon footprint level by reducing, offsetting or displacing more than 15 million metric tons of greenhouse gas emissions per year by 2020.
