Exelon Corporation · NASDAQ:EXC
Exelon — Alternative Energy Symposium (October 2009)
12 slides from Exelon's conference presentation, Oct 2, 2009
Slide 1: Chicago's Day in the Sun
Chicago’s Day in the Sun Building the Nation’s Largest Urban Solar Power Plant Thomas S. O’Neill Senior Vice President New Business Development October 2, 2009
Slide 2: Exelon Corporation Overview
Exelon Corporation Overview Electricity Customers: 3.8M Electricity Customers:1.6M Total Capacity Gas Customers: 0.5M Owned: 24,808 MW Contracted: 7,524 MW Total: 32,332 MW Generating Plants Nuclear Hydro Coal/Oil/Gas Base-load Intermediate Peaker 2
Slide 3: Global Surface Temperature Trends
Global Surface Temperature Trends 3
Slide 4: Exelon 2020: Emissions Abatement Opportunities
Exelon 2020: Emissions Abatement Opportunities $175 Solar PV >$700 (>$300 w/ incentives) $150 $125 $/metric ton of CO2 (in 2014$) $100 $75 $50 $25 Landfill Gas $0 0 5 10 15 20 25 30 ($25) million metric tons of CO2 per year ($50) Energy Efficiency Retire Coal Plant Alternative Energy Credits IGCC wi
Slide 5: Exelon City Solar
Exelon City Solar 5
Slide 6: Project Size and Scope
Project Size and Scope 9 Largest urban solar power plant in the U.S. • 10 megawatts • 41 acres • 32,328 photovoltaic solar panels • $62 million investment 9 25-year lease 9 On line by 12/31/09 6
Slide 7: Public and Local Benefits
Public and Local Benefits 9 Clean power for up to 1,500 homes per year 9 Displace 31.2 million pounds of greenhouse gas emissions per year 9 $1.4 million of public benefit 9 Clean up and beautify brownfield 9 200 construction jobs; job training 9 Local material sourcing; MBE/WBE 9 24/7 security 9 Ed
Slide 8: Government Support Needed for Solar Project Revenues to Cover Costs
Government Support Needed for Solar Project Revenues to Cover Costs ILLUSTRATIVE $600 O&M 9 Economic gap filled by: • Depreciation Benefit – 5-year $500 MACRS^ MACRS** MACRS instead of 15-year Levelized $/MWh $400 ITC ITC • Investment Tax Credit – Direct $300 Capital* Capital* Loan reduction in tax
Slide 9: PV Module Prices Continue to Fall
PV Module Prices Continue to Fall Source: Prometheus Institute and GTM Research 9 Significant PV module price decline 1993-2008 9 Price decline 2008-2009 (not shown) almost as significant with modules now selling for $2.50/watt or less 9 Technology will improve efficiencies and lower costs; some pro
Slide 10: Exelon City Solar Progress
Exelon City Solar Progress 9 City land lease approved and signed 9 Site cleared and grubbed 9 2,498 of 7,354 piers installed 9 169 of 983 rows of metal erection installed 9 PV support system installation underway 9 2,164 of 32,328 PV panels installed 9 ComEd scheduled to perform cable and switchgear
Slide 11: Turn Up the Heat on Global Warming
Turn Up the Heat on Global Warming 11
Slide 12: Questions?
Exelwn. Questions?