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EXC Exelon Corp

48.80
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Exelon Corp NYSE:EXC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 48.80 0 01:00:00

Exelon Generation's New Maryland Natural Gas Power Plant Now Operational

29/06/2015 7:06pm

PR Newswire (US)


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ABERDEEN, Md., June 29, 2015 /PRNewswire/ -- Exelon Generation's 120 megawatt Perryman 6 natural gas power generating unit began commercial operation on Sunday, June 28. Located at the company's Perryman Generating Station near Aberdeen Proving Ground in Maryland, Perryman 6 increases the station's full generating capacity to 475 megawatts. Exelon had committed to increasing natural gas generation in Maryland as part of the company's 2012 merger with Constellation.

Exelon Generation's Perryman 6, a 120 megawatt natural gas power generating unit now operational in Perryman, Md

"The completion of Perryman 6 builds on our commitment to provide more clean and reliable energy in Maryland," said Ron DeGregorio, senior vice president of Exelon Generation and president of Exelon Power. "Perryman 6 is now ready to help meet the increased electricity demands we typically experience during the summer months."

The Pratt & Whitney Power Systems design FT4000™ SWIFTPAC® power generation unit consists of two simple cycle, aero-derivative combustion turbines. Perryman 6 is a peaking unit, meaning that it typically generates electricity during periods of high electric demand. The unit will run mainly on natural gas but will also have the ability to run on oil as a back-up, ensuring fuel diversity and reliability.           

During construction the project provided more than 100 jobs, with a local economic impact of more than $11 million. The new unit will provide an average of $1.3 million per year in property taxes to Harford County.

Earlier this year, Exelon Generation fulfilled another merger commitment with the completion of the 40-megawatt Fourmile Wind Project. Construction is under way on Fair Wind Energy Project, a 30-megawatt wind project. Both assets are in western Maryland. A megawatt is a million watts of electricity which can power approximately 1,000 homes.

Exelon Corporation (NYSE: EXC) is the nation's leading competitive energy provider, with 2014 revenues of approximately $27.4 billion. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with more than 32,000 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 more than 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Exelon's utilities deliver electricity and natural gas to more than 7.8 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Follow Exelon on Twitter @Exelon.

Photo - http://photos.prnewswire.com/prnh/20150629/226652

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/exelon-generations-new-maryland-natural-gas-power-plant-now-operational-300106253.html

SOURCE Exelon Generation

Copyright 2015 PR Newswire

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