Exelon Corp. (NYSE: EXC) plans to retire in early to mid 2016 one unit apiece at the oil- and gas-fired Perryman and Riverside power plants in Maryland.
Exelon on Nov. 9 released its presentation for the annual Edison Electric Institute Financial Conference, beiong held Nov. 8-11. In it, the company listed its various power plants, including Perryman and Riverside.
- Perryman is made up of six units, fired by oil and gas, with 463 MW of net capacity. Those figures include: Perryman Unit 2, with 51 MW of net capacity, which is due to retire in the first quarter of 2016; and the new Perryman Unit 6 (110 MW net), which went into commercial operation in June of this year.
- Riverside has three units, is fired by oil and gas, and has 113 MW of net capacity. Those figures include Riverside Unit 4 (74 MW net), which is due to be retired in May 2016.
Exelon 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 MW of owned capacity.