Exelon 2007 Annual Report Download - page 21

exelon generation
Exelon Nuclear
Exelon Nuclear, the nation’s largest operator of commercial
nuclear reactors, continued to perform at world-class
levels in 2007. Exelon-operating fleet achieved an average
capacity factor of 94.5 percent in 2007, its all-time record
and the fifth consecutive year over 93 percent. During the
summer months, when demand is the highest, Exelon
Nuclear achieved a capacity factor of 97.4 percent.
The company’s 6,700 nuclear professionals implemented
industry-best practices to ensure safe, reliable operation
throughout the fleet.
Exelon Nuclear operates 10 generating stations and 17
reactors in the Midwest and Mid-Atlantic regions, which
produced 132.3 million megawatt-hours of electricity in
2007, the highest annual production ever for the Exelon-
operated nuclear fleet. That’s enough electricity to
steadily supply more than 15 million American homes.
The company also announced its intention to file an
application for a combined construction and operating
license for a possible new nuclear plant in Victoria County,
Texas. The application is to be filed with the Nuclear
Regulatory Commission in September 2008, although
Exelon has not decided to build the plant.
Exelon Power
Exelon Power’s fleet of fossil and renewable fuel units in
Illinois, Maryland, Massachusetts, Pennsylvania and Texas
provided more than 13.6 million gross megawatt-hours of
reliable generation in 2007. With 105 units at 23 different
sites, Exelon Power can provide more than 7,500 megawatts
of safe, efficient and environmentally responsible base
load, intermediate load, and peak power generation. Over
the past few years, Exelon Power has made great strides in
optimizing the performance of its units and maintenance
programs while continuing to perform safely to provide
the company with the right power, at the right time and
at the right price.
Exelon Power Team
Exelon Power Team is the power marketing division of
Exelon, whose role is to manage the risk and maximize
the economic value associated with Exelon's electric
generating facilities, power purchase agreements, fuel
requirements, emission credits, transmission contracts
and load obligations. Power Team’s wholesale marketing
and transaction efforts are focused on the electricity
markets in several regions of the United States: the
Mid-Atlantic, the Midwest, the Northeast, the Southwest
and Texas. Power Team’s trading floor and headquarters
are located in Kennett Square, Pennsylvania.
Exelon Energy markets electricity and natural gas to retail
customers in the Midwest. Exelon Energy has offices in
Illinois, Ohio and Pennsylvania.
exelon business services company
Exelon Business Services Company (EBSC) is a direct,
wholly owned subsidiary of Exelon Corporation that
serves as a strategic partner to provide quality products
and services at the lowest cost for all Exelon companies.
EBSC practice areas include Communications, Corporate
Governance, Corporate Strategy, Finance, Government &
Environmental Affairs and Public Policy, Human Resources,
IT, Legal, Real Estate, Supply, and Commercial Operations
such as accounts payable, payroll and business planning.
EBSC has approximately 1,600 employees in Northern
Illinois, Pennsylvania and at virtually every Exelon business
location, delivering value by providing cost and operating
efficiencies, high-quality service, and developing enterprise-
wide and organization-specific solutions.
In 2007, EBSC improved its overall performance and service
levels. IT ranked very high for service reliability compared
to industry benchmarks. Legal identified 35 outside firms
as preferred service providers, negotiating significant fee
discounts. A payroll system upgrade completed in 2007,
laid the foundation for a multi-year human resources
technology strategy aimed at improved data sharing and
streamlining processes throughout Exelon.
The company enabled supply chain savings of $70 million,
surpassing its aggressive target for the fourth consecutive
year. Importantly, the Diverse Business Enablement program
directed $475 million of Exelon’s spending on materials and
services to minority- and women-owned businesses.
EBSC supported Exelon’s environmental leadership by
achieving U.S. Green Building Council LEED-CI certification
for Chase Tower in Chicago and achieving its highest LEED
standard of Platinum LEED-CI. Exelon’s space within Chase
Tower is the largest Platinum LEED-CI space in the world.
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