Exelon plans $8B energy storage investment to address PJM generation shortfall

Exelon's CEO says the regional grid operator isn't adding generation capacity quickly enough and has announced an $8 billion investment in storage and transmission to help address supply constraints in PJM.

First covered Nov 2, 2026 · 6:26 AM PT · 1 article · no longer in the live window

Coverage

8d Utility Dive Exelon eyes $8B in energy storage, partly to address PJM supply crunch — President and CEO Calvin Butler said the grid operator isn’t adding generation fast enough, but the utility’s plan to invest in energy storage and transmission…

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Appeared in: 2026-11-02 (#11) · 2026-11-03 (#15)

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