For Exelon CEO Chris Crane, there’s never been a more dynamic or uncertain period in his career than right now — particularly when it comes to the future of the nation’s nuclear power fleet.
“When you look at the potential risk on one of the more reliable, baseload generating assets, nuclear assets, there are significant challenges with current market design,” said Crane, speaking earlier this month at the National Association of Regulatory Utility Commissioners’ (NARUC) winter meeting.
The closure of Exelon’s Fort Calhoun Nuclear Generating Station near Omaha, Nebraska last fall marks the fifth nuclear retirement over the past five years.
