If approved, the proposed merger of Exelon Corporation and Pepco Holdings Inc. would create the largest electric utility holding company in the United States. At a recent RFF Policy Leadership Forum (video available), President and CEO of Exelon Chris Crane noted: “The industrial logic for us acquiring and having Pepco join the Exelon families [is that] we see scale as creating great flexibility and helping us improve the operation of all our utilities. . . . We would anticipate being able to help Pepco continue on the path that they’ve already started, sharing resources, sharing best practices.” In Resources magazine, Crane also described the need for flexibility across the sector: “In response to shifts in the US energy landscape, a polarizing debate is taking place in the industry. . . . It would be much more constructive if we could come to the table with policymakers and demonstrate the benefits of an all-of-the-above clean stack, along with the economic advantages one can provide."
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