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February 16, 2026

Exelon

PJM Market Monitor: Bar Generators from Cost Development Rulemaking
PJM IMM Joe Bowring said the RTO should exclude generators from participating in drafting cost development guidelines that determine their compensation.
ISO-NE Gens. Challenge Capacity Rules Ahead of FCA
ISO-NE generators, including NEPGA, asked FERC to change the New Entry Pricing Rule and the Peak Energy Rent Adjustment ahead of February’s FCA 9.
DOJ Probing Interconnection Process in Exelon-Pepco Merger
The DOJ is investigating the interconnection process in PJM’s MAAC sub-region as part of its anti-trust review of Exelon’s $6.8 billion takeover of Pepco.
State Briefs
News briefs from the states within the PJM footprint. This week we include Illinois, Indiana, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia.
DOE IG Investigating FERC Enforcement
In response to requests from several senators from both parties, the DoE’s Inspector General has begun an investigation into FERC’s Enforcement office.
FERC Approves Exelon-Pepco Merger
FERC yesterday approved the $6.8 billion merger of Exelon and Pepco Holdings Inc., dismissing concerns from PJM stakeholders.
Exelon Selling Last Major Coal Generation in Fleet

Exelon is selling its ownership interest in the Keystone and Conemaugh power plants in Pennsylvania.

Third-Quarter Earnings Tempered by Mild Summer
The summer wasn’t hot enough, at least for most of the PJM utilities reporting third-quarter earnings so far. Companies lamented the lack of 90-degree days.
Exelon Building Zero-Emissions Allam Cycle Plant in Texas
Exelon is joining with two other companies to build an emission-free natural gas-fired power plant using a new technology called the Allam Cycle.
Market Monitor Corrects Exclusion List on Talen Energy; Adds Exelon, Duke

Duke Energy and Exelon should be among the companies barred from acquiring any generation divested by PPL as part of its Talen Energy spinoff, the IMM told FERC.


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