 Exelon Generation Capacity Position in PJM
May 17, 2012
Exhibit 99.1 |
 Cautionary Statements Regarding
Forward-Looking Information
2
This presentation contains certain forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, that are subject to risks and uncertainties. The
factors that could cause actual results to differ materially from the forward-looking
statements made by Exelon Corporation, Commonwealth Edison Company, PECO Energy Company,
Baltimore Gas and Electric Company and Exelon Generation Company, LLC (Registrants) include
those factors discussed herein, as well as the items discussed in (1) Exelon’s 2011
Annual Report on Form 10-K in (a) ITEM 1A. Risk Factors, (b) ITEM 7. Management’s
Discussion and Analysis of Financial Condition and Results of Operations and (c) ITEM 8.
Financial Statements and Supplementary Data: Note 18; (2) Constellation Energy Group’s
2011 Annual Report on Form 10-K in (a) ITEM 1A. Risk Factors, (b) ITEM 7. Management’s
Discussion and Analysis of Financial Condition and Results of Operations and (c) ITEM Financial
Statements and Supplementary Data: Note 12; (3) the Registrant’s First Quarter 2012
Quarterly Report on Form 10-Q in (a) Part II, Other Information, ITEM 1A. Risk Factors and (b)
Part I, Financial Information, ITEM 1. Financial Statements: Note 15; and (4) other factors
discussed in filings with the SEC by the Registrants. Readers are cautioned not to place undue
reliance on these forward- looking statements, which apply only as of the date of this
presentation. None of the Registrants undertakes any obligation to publicly release any
revision to its forward-looking statements to reflect events or circumstances after the
date of this presentation. |
 Exelon
Generation Capacity Position in PJM 3
1.
Reflects owned and contracted generation summer installed capacity (ICAP) adjusted
for mid–year PPA roll offs. Prices are rounded to the nearest dollar.
2.
ICAP
is
net
of
Eddystone
1&2,
Cromby
1&2
(total~933
MW),
which
are
not
included
PY
11/12
onwards
reflecting
decision
in
December
2009
to
permanently retire these units.
3.
ICAP for all years beginning PY 11/12 excludes capacity for units to be divested
(Brandon Shores, Wagner & Crane ~2,648 MW). Constellation offered
these
units
in
PY11/12
-
PY
15/16
auctions.
RTO = Regional Transmission Organization, MAAC = Mid-Atlantic Area Council,
EMAAC = Eastern Mid-Atlantic Area Council, SWMAAC = South West
Mid-Atlantic Area Council Planning Year
2011/2012
2012/2013
2013/2014
2014/2015
2015/2016
PJM
1
Rest of RTO
Installed Capacity (MW)
27,400
12,800
11,500
11,500
11,500
Price ($/MW-Day)
$110
$16
$28
$126
N.A.
EMAAC
Installed Capacity(MW)
2
9,200
9,200
9,200
9,200
Price ($/MW-Day)
$140
$245
$137
N.A.
MAAC
Installed Capacity (MW)
2,600
2,700
2,700
2,700
Price ($/MW-Day)
$133
$226
$137
N.A.
SWMAAC
Installed Capacity(MW)
3
1,900
1,900
1,900
1,900
Price ($/MW-Day)
$133
$226
$137
N.A. |