Press release
ComEd Launches Three New Studies to Help Design the Power Grid to Support State’s Clean Energy Goals
Along with recently announced Climate Risk and Adaptation Study, new research to inform ComEd’s grid plans, state’s policy work CHICAGO--(BUSINESS WIRE)--
About this update from Exelon Corporation
[{"type":"text","content":"\nAlong with recently announced Climate Risk and Adaptation Study, new research to inform ComEd’s grid plans, state’s policy work\n\n CHICAGO--(BUSINESS WIRE)--\nComEd today announced it has launched three new studies to better understand the technical and community challenges and opportunities presented by the clean energy transition envisioned by the newly enacted Climate and Equitable Jobs Act (CEJA).\n\n“CEJA provides a roadmap to an equitable clean energy future for Illinois. The state’s utilities must now plan and execute the investments that will enable the rapid growth of renewables and electric vehicles, ensure the grid’s resilience to more extreme weather caused by climate change, and balance the need to keep electric bills affordable,” said ComEd CEO Gil Quiniones. “This transformation will offer tremendous economic, environmental and public health benefits, and these studies will help us design our grid plans to ensure that every community benefits.”\n\nThese studies complement the comprehensive Climate Risk and Adaptation Study announced last week by ComEd and the U.S. Department of Energy’s (DOE) Argonne National Laboratory’s Center for Climate Resilience and Decision Science. The findings will inform ComEd’s grid investment plans, as described by CEJA, as well as how ComEd can support the state’s ambitious clean energy goals.\n\nFor each of the new studies, ComEd has retained experienced research teams who have worked on these issues around the country. Stakeholder feedback and discussion will also be vital to helping inform the studies with a full picture of the challenges and opportunities associated with meeting the state’s energy goals and creating an equitable clean energy economy. These new studies will focus on three topics:\n\n\nDecarbonization Pathways\n\n\nComEd is partnering with Energy+Environmental Economics (E3) to explore different pathways for Illinois which would achieve a net zero economy by 2050. While CEJA focused on power generation and achieving a decarbonized energy sector, this study will look beyond CEJA to full, economy-wide decarbonization.\n\n\n\n\n\nDisadvantaged/Underrepresented Communities\n\n\nComEd is partnering with ILLUME Advising (ILLUME) to investigate clean energy services within disadvantaged communities. Through stakeholder engagement and regional analysis, ILLUME will explo...