Exelon, Coalition of Power Companies Argue Before U.S. Supreme Court in Favor of Preserving EPA’s Authority to Regulate Power Plant Greenhouse Gas Emissions
01 3월 2022 - 2:05AM
Business Wire
Exelon Corporation (Nasdaq: EXC) is a member of a coalition of
nine utility companies that argued before the U.S. Supreme Court
today in West Virginia vs. EPA in favor of preserving the U.S.
Environmental Protection Agency’s (EPA) authority to set standards
to limit greenhouse gas pollution from power plants.
The coalition, along with EPA, several states and NGOs, seeks to
affirm a lower court’s ruling in American Lung Association v. EPA.
At issue is the scope of EPA's authority under the Clean Air Act to
regulate powerplant greenhouse gas emissions, which Exelon and the
other case respondents contend is instrumental in the power
sector’s shift to relying on cleaner sources of electricity
generation.
"We have made significant progress in our commitment to
transforming the grid into a cleaner, more reliable and resilient
energy system that meets the increasing electrification needs of
our customers and communities," said Calvin Butler, Exelon chief
operating officer and senior executive vice president. "As the
climate crisis deepens, and as Exelon and its peer U.S. utility
companies work toward ambitious clean energy goals aligned with
stakeholder expectations, the EPA’s ability to establish a
framework for sustained growth of low- and zero-carbon sources of
generation will only become more important."
Over the next four years, Exelon plans to invest more than $25
billion in the electric grid across the company’s six utilities.
Many of these investments will enable a cleaner grid of the future:
transmission upgrades to support state and customer goals on
renewable energy and electrification, EV infrastructure
installation to encourage and support transportation
electrification, and capacity and IT projects to support
distributed energy resources.
The coalition of power company respondents in West Virginia vs.
EPA includes Exelon, Consolidated Edison, Inc., Los Angeles
Department of Water and Power, National Grid USA, New York Power
Authority, Pacific Gas and Electric Company, Puget Sound Energy,
Inc., Sacramento Municipal Utility District and Seattle City Light.
They collectively own or operate nearly 75,000 megawatts of
electric generation-capacity from coal, oil, natural gas, nuclear,
wind, solar, hydropower, geothermal and biofuel resources, and
provide electricity service to a total service population of more
than 40 million Americans. Exelon does not own or operate
generation facilities.
The brief submitted by the coalition of power companies is
available at supremecourt.gov.
About Exelon
Exelon (Nasdaq: EXC) is a Fortune 200
company and the nation’s largest utility company, serving more than
10 million customers through six fully regulated transmission and
distribution utilities — Atlantic City Electric (ACE), Baltimore
Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power
& Light (DPL), PECO Energy Company (PECO), and Potomac Electric
Power Company (Pepco). More than 18,000 Exelon employees dedicate
their time and expertise to supporting our communities through
reliable, affordable and efficient energy delivery, workforce
development, equity, economic development and volunteerism. Follow
Exelon on Twitter @Exelon.
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version on businesswire.com: https://www.businesswire.com/news/home/20220228005756/en/
Nick Alexopulos Corporate Communications
nicholas.alexopulos@exeloncorp.com Media hotline: 312-394-7417
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