Exelon Nuclear Sets All-Time Generation Record in 2013

Jan 27, 2014, 14:43 ET from Exelon Generation

KENNETT SQUARE, Pa., Jan. 27, 2014 /PRNewswire/ -- Exelon Generation's 10 nuclear power plants in Illinois, Pennsylvania and New Jersey produced 134 million net megawatt-hours of electricity in 2013, the highest annual production ever for the nation's largest operator of commercial nuclear reactors.

The new generation record exceeded the previous record, set in 2007 by the same plants, by 1.6 million megawatt-hours.  A megawatt-hour is a million watts flowing for an hour. The 2013 total is enough electricity to power 15 million typical U.S. homes uninterrupted through the year.

The Exelon fleet last year operated at a 94.1 percent capacity factor, a measure of reliability. The industry average capacity factor in 2012, the latest year for which figures are available, was 89.1 percent. Capacity factor refers to amount of electricity actually produced compared with the theoretical maximum possible.  

Exelon's nuclear plants sustained reliability momentum into 2014 as heavy snow, ice and record low temperatures plagued much of the country. The fleet operated continuously during that period. Nuclear energy is by far the largest clean energy source and the only one that can produce large amounts of electricity around the clock through severe weather.

Exelon's 17 nuclear reactors represent approximately 20 percent of the nation's nuclear power capacity.

Exelon Corporation (NYSE: EXC) is the nation's leading competitive energy provider, with 2012 revenues of approximately $23.5 billion. Headquartered in Chicago, Exelon has operations and business activities in 47 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with approximately 35,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 100,000 business and public sector customers and approximately 1 million residential customers. Exelon's utilities deliver electricity and natural gas to more than 6.6 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO).

SOURCE Exelon Generation