Exelon’s Constellation Acquisition News

Exelon deal to acquire Constellation would not go through if Maryland conditions approval on a BGE spinoff: Exelon COO

Exelon Corp. has identified some 600 corporate positions that would be eliminated under a merger with Baltimore’s Constellation Energy Group, a top executive of the Chicago energy giant said Wednesday.

Exelon plans to move 200 to 250 jobs from its Pennsylvania energy-trading operations to Baltimore, where the combined company plans to base Constellation’s growing business of selling power to retail and wholesale customers.

FERC staff issues the 2011 Assessment of Demand Response and Advanced Metering

Below is the opening page as an excerpt.

FERC staff issues the 2011 Assessment of Demand Response and Advanced Metering
The Federal Energy Regulatory Commission staff (Commission staff) presents information in this sixth annual Assessment of Demand Response and Advanced Metering (report).  This report fulfills a requirement of the Energy Policy Act of 2005 (EPAct 2005) section 1252(e)(3)1 that the Federal Energy Regulatory Commission (FERC or Commission) prepare and publish an annual report, by appropriate region, that assesses electricity demand response resources, including those available from all consumer classes.2

Commission staff reviewed information from a variety of sources3 to develop this year’s report, which provides information on demand response and advanced metering with an emphasis on results, activities, and regulatory actions taken over the last year.  Based on the information reviewed, it appears that:

–The penetration of advanced meters is up from 8.7 percent in 2009 to 13.4 percent;
–Demand response potential in organized markets operated by the Electric Reliability Council of Texas (ERCOT), Regional Transmission Organizations (RTOs) and Independent    System Operators (ISOs) increased by more than 16 percent since 2009;
–Demand responded to peak load emergency conditions in ERCOT and the RTO and ISO organized markets; and
–Federal and state regulators and others continue to focus on demand response, taking actions to remove barriers to wholesale demand response and develop policies to address smart grid.

The report is organized according to the six requirements included in section 1252(e)(3) of EPAct 2005, which directs the Commission to identify and review: