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July 03, 2022
PJM Utilities Stock Performance Year to Date 2013 (Source: Yahoo Finance)

Exelon to Close Generating Plants if No Rebound Next Year

Nov 5, 2013
Rich Heidorn Jr.
Company News / Capacity Market / Energy Market / Generation
Facing continued skepticism from Wall Street, Exelon Corp. CEO Christopher Crane said last week that the company would begin shutting down unprofitable power plants if energy prices don't rebound within a year. Crane made his comments Wednesday, after the company announced third-quarter operating earnings and a week after Jefferies &...

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