Press release
ComEd Facilities Now Powered with 100% Carbon-Free Energy
Electric company first in sector to adopt “100% hourly match” solution from Constellation CHICAGO--(BUSINESS WIRE)-- As part of its effort to address climate
About this update from Exelon Corporation
[{"type":"text","content":"\nElectric company first in sector to adopt “100% hourly match” solution from Constellation\n\n\n CHICAGO--(BUSINESS WIRE)--\nAs part of its effort to address climate change and achieve net-zero operations, ComEd today announced that it now powers its entire real estate portfolio with 100% carbon-free energy in every hour of every day. In a first-of-its-kind solution, ComEd purchases its clean energy supply from Constellation, the nation’s largest producer of carbon-free energy and a leading competitive retail supplier of power and energy products and services.\n\n\n“We are combatting climate change by making our electric grid more resilient and enabling the growth of renewables and electric vehicles, but just as importantly, we are leading by example by driving carbon emissions out of our own operations,” said Gil Quiniones, CEO, ComEd. “As the largest electric company in Illinois, it is our duty to take full advantage of the opportunities now available to reduce the use of fossil fuels in our facilities to improve air quality in all of the communities where we operate and where our employees live and work.”\n\n\nConstellation was chosen through a competitive procurement conducted by ComEd for retail electric service. It provides ComEd with clean energy sourced from within the regional electric grid with most of it produced in the ComEd service territory. This carbon-free energy will match ComEd’s total energy usage on an hourly basis. This 100% hourly match is the first deployment of its kind in Illinois and enables ComEd to directly support the state’s clean energy resources.\n\n\n“We applaud ComEd for leading by example and demonstrating that hourly carbon-free energy matching is both achievable today and essential to mitigating the climate crisis,” said Jim McHugh, executive vice president and chief commercial officer, Constellation. “A growing number of large commercial and industrial customers are recognizing that matching clean energy production with when they are using their electricity represents the best path to reaching carbon reduction goals. Importantly, this agreement also affirms the critical role of nuclear energy in enabling the viability of hourly carbon-free energy.”\n\n\nThe agreement applies to ComEd’s 54 facilities in northern Illinois, including corporate and regional headquarters, reporting centers, busi...