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CLAIM #23072 · EXC (EXC) · 2021Q3 earnings call · Nov 3, 2021 · due Dec 31, 2022

Operations are expected to begin in 2022.

Chris Crane · CEO

PENDING
graded after results covering Dec 31, 2022 are reported

In context

rates, into a new multi-year performance-based rate framework. In August, we completed the PUCT transaction and acquired EDF's portion of the CNG nuclear plants, adding 17 terawatts to our own 0, admitting nuclear generation. We did receive a grant from the U.S. Department of Energy to explore the potential benefits of on-site hydrogen production. And our Nine Mile Point in New York. And we continue to believe that there is a very strong future for Hydrogen. Hydrogen will be key in helping the nation address the climate crisis, and the nuclear plants can pay a vital role in its production with its heat and capabilities. We're partnering with Nel Hydrogen, and the national labs to demonstrate the integrated production storage and use of hydrogen onsite to prove its commercial viability. Operations are expected to begin in 2022. On the regulatory front, Delaware PSC issued a constructive order in our Delmarva [indiscernible] Last quarter we announced our path to clean and our net 0 goal for the utilities. So we continue to strive to meet what our customers desire and our regulators desire. Each utility is building upon existing work and supporting a path to clean, that aligns to the goals that are needed for their local jurisdictions and stakeholders. An example is PECO's Climate Solution, it's a 5-year action plan that will fill Pepco's --?I'm? said PECO of Pepco's. That will fill with the DCPSC's request last month. This filing outlines 62 different programs to help enable the district's roadmap toward decarbonization. Another example of helping our communities to meet their goals is through our energy efficie

Verify independently

SEC filings for EXC · Claim quote is verbatim from the 2021Q3 earnings call.