Exelon
Calvin Butler is the CEO of Exelon.
Not long after Exelon's new CEO, Calvin Butler, finished his well-attended CERAWeek by S&P Global panel with the CEOs of Calpine, Schneider Electric, and the Emirates Nuclear Energy Corporation, entitled "The Electrification of Everything?," he sat down with Public Utilities Fortnightly for a one-on-one discussion.
Butler reflected on his first weeks as the CEO of a utility serving some ten million electric and natural gas customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey, and Pennsylvania. And on the road ahead for his company and more importantly for its communities and customers.
PUF's Steve Mitnick: What are some of your takeaways from that panel you were on at CERAWeek?
Calvin Butler: The takeaway from the panel is the energy transition will be a multi-decade transition, and it's going to require all parties to participate. When I say all parties, I'm talking the unregulated generation side of the business, the large transmission and distribution companies, like Exelon, as well as the technology experts, like Schneider.
Nuclear has to be part of the equation as baseload generation. Having said that, because it's going to be a multi-decade transition, we also need our regulators and policymakers to participate, and with a greater sense of urgency.