Tuesday, September 11, 2012

Exelon Kicked Off Wind Board -- Advocated End of Government Wind Subsidies

Link here.
The American Wind Energy Association’s board voted last week to oust Exelon from the board and from the organization, specifically because of the company’s vocal opposition to extending the PTC.  
Exelon executives have made no bones about their desire to see the 2.2-cents-per-kilowatt-hour credit expire.  
Exelon owns around 900 megawatts of wind projects — nearly 2 percent of U.S. wind capacity. 
Still, Exelon’s primary focus is nuclear energy, in which it’s a powerhouse: Its 10 power plants and 17 reactors in Illinois, Pennsylvania and New Jersey represent roughly 20 percent of the U.S. nuclear industry’s total capacity. About 93 percent of the company’s total electricity generation comes from nuclear power.
Level the playing field.

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