Press release
Exelon Utilities Announces Goal to Achieve Net-Zero Emissions By 2050
Expanded goal targets operations-driven emissions and helping customers meet climate goals through equitable clean energy solutions CHICAGO--(BUSINESS
About this update from Exelon Corporation
[{"type":"text","content":"\nExpanded goal targets operations-driven emissions and helping customers meet climate goals through equitable clean energy solutions \n\n CHICAGO--(BUSINESS WIRE)--\nExelon Utilities today announced it will reduce its operations-driven emissions 50 percent by 2030* and ultimately to net-zero by 2050 as part of its continuing efforts to address the climate crisis. A division of Exelon Corporation, Exelon Utilities is composed of Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and PEPCO. The six utilities deliver electricity and gas to more than 10 million customers across five states and the District of Columbia.\n\nAs the nation’s largest producer of emissions-free energy, Exelon Corporation has a long history of leadership on climate change, having met – and exceeded -- three previous emissions reduction goals spanning both our generation company and utilities division dating back to 2005. Each of the company’s utilities has already reduced their own emissions significantly and worked in their communities to deploy smart grid technology, electric vehicle infrastructure and other tools and programs aimed at making the grid more efficient and helping customers reduce energy use. The latest “Path to Clean” goal takes those efforts to the next level.\n\n“Our customers have made clear that climate change is important to them and they want us to continue being part of the solution and pushing ourselves to do more,” said Calvin Butler, CEO of Exelon Utilities. “These aggressive goals seek to eliminate emissions from our utility operations, provide needed support to state and local climate goals and give customers expanded access to clean and affordable energy solutions.”\n\nTo achieve net-zero emissions from operations, some of the actions Exelon Utilities will take include:\n\n\nConverting 30 percent of its vehicle fleet to electric by 2025 and 50 percent by 2030\n\n\nFocusing technology and infrastructure investments on increasing energy efficiency and utilizing clean electricity for operations\n\n\nModernizing natural gas infrastructure to minimize methane leaks and increase safety and reliability\n\n\nThe company also will seek to reduce emissions beyond its own operations by continuing to advocate for sound climate policies, partnering with state and local leaders to achieve community emissions goals, and piloting new g...