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New Exelon Report Shows Company's Transition to Sustainable Energy FutureFulfilling its commitment to keep the public informed of its sustainability strategy and performance, Exelon has released its latest sustainability report. The report describes Exelon's approach to providing reliable, clean, affordable and innovative energy products in an evolving energy landscape. "The electric power sector is rapidly changing," said Chris Crane, Exelon's president and CEO. "We view this evolution as an opportunity to make our business more sustainable as we address evolving customer expectations, societal mandates and environmental considerations." The report presents a comprehensive record of Exelon's economic, environmental and social sustainability performance. Examples of sustainability highlights for the year include:
According to the report, Exelon ran its generation fleet at high efficiency levels in 2014, including a 94 percent nuclear capacity factor, 95 percent wind and solar energy capture rate and 97 percent fossil and hydro availability rate. In addition, Exelon diversified into new growth areas in 2014 through investments such as the Annova liquefied natural gas export project, new air-cooled combined cycle gas turbine plants in Texas, 21 megawatts of new distributed solar generation and numerous early-stage energy startups. Exelon's 2014 sustainability report is available on Exelon's website at www.exeloncorp.com/assets/newsroom/downloads/docs/dwnld_Exelon_CSR.pdf. 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 (News - Alert)). Follow Exelon on Twitter @Exelon.
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