Wednesday, September 01, 2010

Exelon turns from nukes, become major force in wind power

ComEd parent Exelon, a big player in the nuclear power industry, is turning toward wind. The company said today it will buy John Deere renewables, which will make it one of the largest wind operators in the U.S.

Deere Renewables has 735MW operating and 230MW more in development in Michigan.

Meanwhile, Exelon has pulled back its application to license a two-unit nuclear plant in Texas because of lower demand due to a slumping economy.

Exelon is committed to cutting its CO2 emissions by 15M metric tons by 2020, which is more than its total output in 2001.

(Source:, Green blog, NYT)