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Exelon is weighing $8B in energy storage investment, partly to address the PJM supply crunch, as CEO Calvin Butler says the grid operator is not adding generation fast enough.
A utility committing $8B to storage signals that batteries are becoming a near-term substitute for slow generation additions, which matters for AI campuses seeking firm power in PJM territory.
Trade pressSlicast · November 2, 2026 at 14:26 UTC · Global · Source: Utility Dive
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