...megawatts of owned capacity. Constellation provides energy products and services to approximately 100,000 business and public sector customers and approximately 1 million residential customers. Exelon's utilities deliver electricity and natural gas to more than 6.6 million customers in central Maryland, northern Illinois and southeastern Pennsylvania. On March 12, 2012, Constellation Energy Group, Inc. merged into Exelon. By the Numbers (Combined for 2011 – Merger closed on March 12, 2012) • Operating Revenues $32.7 billion • Assets $74.5 billion • Employees Approximately 27,000 • Load Served Approximately 164 terawatt-hours (electric) and 372 billion cubic feet (natural gas) • Service Territory 15,800 square miles • Electric Transmission 7,350 miles Exelon Related Insights: Exelon profit up 72% on growth at ComEd utility – http://www.marketwatch.com/story/exelon-profit-up-72-on-growth-at-comed-utility-2013-07-31 • Exelon Corp.'s EXC -0.03% second-quarter earnings rose 72% as the power giant benefited from positive hedging impacts and its ComEd utility recorded strong earnings growth • Exelon, the largest owner and operator of nuclear-power plants in the U.S., acquired Constellation Energy Group last year in an $8 billion deal that added a growing retail power business in...
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...The utilities sector is an industry that resembles the type of investment that our client is looking for. Utilities have long been considered a value investment that provides continuous and large dividends with little risk. It is a defensive industry that will continue to have consumers in all types of markets and even during volatile economic conditions, such as the state we currently reside in. The major issue that impacts utility companies is regulation by the government. There is a lot of concern about the environment and ensuring that pollutants are kept to a minimum and an effort to prevent monopolies. Looking toward the future, we expect to see an increase in the expenses for utility companies as more regulations are added, but also expect to see growth in the industry as power reaches more areas of the globe. “The Energy Information Administration projects that 355 gigawatts of new electric generating capacity - or more than 40% more than the industry currently supplies - will be needed by 2020 to meet growing demand.” Two companies that fit our expectations in the utility industry are The Southern Company (NYSE:SO) and Exelon Corporation (EXC). Exelon is a utility holding company that has more well-known subsidiaries such as ComEd and PECO Energy Company. Through its subsidiaries, Exelon does business in the generation of electricity as well as selling electricity to consumers. Southern Company is also a holding company that owns public utility companies in...
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...That is shown in this article because of the prohibition of cloning in certain states of the U.S.A. namely California, Connecticut, Illinois, Iowa, Maryland, Massachusetts, Missouri, Montana, New Jersey, and Rhode Island. All of these states have banned reproductive cloning due to the reaction of the people and how the government officials felt that they could best protect their country from the downsides of cloning. One of the reasons that reproductive cloning had a bad reputation was because it required female eggs for scientists to experiment on. This brings up the question about whether or not women should be able to sell their eggs to the government for research purposes. There are two public viewpoints on this argument, firstly, that they should not be able to sell their eggs, and secondly, that they should be able to choose what to do with their body. "The legal status of human cloning. Competing bills are likely to be introduced in Congress and state legislatures, as they have been in the past, to outlaw human cloning.” As the public’s view becomes more opposed to cloning there will be laws that the people will pounce on to delay the...
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...The stopover at the secluded desert research facility induced Marvin to reminisce on the subject of his war years. During the war, he headed up a team of scientists and engineers that worked on the detonation device for the nuclear bomb. To maximize devastation, the bomb needed to unleash its ferocity above the ground, in contrast to conventional bombs that explode on impact. Marvin and his team engineered a system that detonated the bomb at the appropriate altitude by precisely timing a radar signal bounced off the ground. Since the apparatus that the team developed remained untested until the bomb dropped on Hiroshima, the usually self-confident engineer anxiously waited until the device performed its function successfully over the Japanese...
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...Some say Ronald Reagan was the most skillful and greatest president of the United States. Others claim the nation would have been better without him. Regardless, Ronald Reagan made a tremendous impact in the 1980’s following a unique path to the presidency and faced many obstacles while in office. Ronald Reagan was born on February 6, 1911, in Tampico, Illinois. He grew up in a poor family with his parents, Nelle and Jack Reagan. Despite this economic hardship, he graduated from high school earning a football scholarship to Eureka College. After graduating from college, Ronald Reagan moved to Hollywood to pursue an acting career. He signed a seven year contract with Warner Bros., and starred in over fifty movies. While in Hollywood, he became president of the Screen Actors Guild, an organization committed to removing all suspected Communists from the film industry. Becoming president of the Screen Actors Guild is where Ronald Reagan found his passion for leadership and politics. In 1964, Ronald Reagan spoke about the then-current presidential candidate, Barry Goldwater, on live television. This political discussion afforded him attention as more than just an actor and inspired him to speak about American issues on a regular basis, advocating for a stronger national defense, reduction of taxes and keeping a watchful eye on...
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...Foresight Energy Partners LP Company Description Foresight Energy Partners perceives a bright future in coal mining. Formed in 2012, Foresight Energy owns and operates four underground coal mining complexes in the Illinois Basin. Its complexes, which include the Williamson, Sugar Camp, Hillsboro, and Macoupin, have a combined production capacity of up to 65 million tons of high Btu coal per year and contain an estimated 3 billion tons of coal reserves. The company sells its mined coal to primarily US and overseas electric utilities and industrial companies. Foresight Energy was formed in early 2012; it filed to go public a short time after its formation. The Company is a low cost producer of high quality thermal coal with expertise in operating and developing highly productive underground mines in the Illinois Basin. It has invested over $1.5 billion in four mining complexes with long reserve lives which it believes will provide it with significant sustainable free cash flow. The company have significant near-term and long-term growth opportunities through our approximately 3 billion tons of coal reserves. It believes its first operation, Williamson, was the most productive underground coal mine in the United States for the fourth quarter of 2011 on a clean tons produced per man hour basis. Its leading productivity translates into low costs, and it believes it is the lowest cost underground coal producer in the United States at $19.41 per ton in 2010. It have developed...
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...in each community. These communities include Champaign, Truth or Consequences, Mountain View Crossing, Lyons, and Lubbock. By reviewing the profiles of each community, the team can determine both their differences and similarities as well as selecting the community that has the most effective social responsibility. Differences and Similarities Because every community is different, each has a distinct quality that defines its character. One difference between the communities presented by this team is through their financial incomes that range anywhere from average to high. Age also can be seen as a difference between these communities as these ages range between the mid-twenties to mid-forties. Champaign is a town in Illinois home to the University of Illinois. The university houses half of the countries Internet service. Lubbock is a town in Texas that serves as the home for innovation and renewable energy sources. Although differences are apparent within communities, similarities are present as well. Truth or Consequences and Mountain View Crossing both show signs of respect. Even though there may have been no mention of respect within the individual reports, there is no question that respect is not present. Communities implement local festivities along with resident appreciation days. The purpose behind these gatherings is so residents can become familiar with the people in their community. Building a certain type of...
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...Assignment 3: Constitutional Rights Krystle Ward Dr. Angela Smith PAD 525 February 23, 2014 Korb v. Raytheon Korb the Vice President at Raytheon, a large corporation that build equipment for the military, was given permission to join by his employer to join the executive board of the Committee for National Security (CNS), a nonprofit organization dedicated to informing the public about issues of national security and the prevention of nuclear war. Remarks made by Korb at a CNS press conference angered military officials. As a direct result of Korb's statements, Raytheon promptly terminated Korb's employment as a lobbyist in Washington, DC. Korb sued Raytheon in a Massachusetts state court for wrongful termination, citing both the Massachusetts state civil rights statute and the First Amendment to the U.S. Constitution. Raytheon removed the case to Federal District Court in Boston. Korb then amended his complaint to delete all references to the U.S. Constitution (Standler, 2000). Korb was hired to be the corporation's spokesperson, and he spoke against the interests of the corporation. The topic was one of acute concern to Raytheon. Regardless of whether Korb believed himself to be acting privately rather than as a Raytheon employee, and regardless of what Korb actually said, the public perception after the press conference was that a Raytheon lobbyist advocated a reduction in defense spending. Raytheon had a financial stake in not advocating that position. Therefore, the...
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...Chi Nguyen Randy Gifford English M01A March 16, 2015 Cause Paper for the Development of Solar Energy Our modern industrial civilization is based mostly on using fossil fuels for power plants to produce electricity and to fuel vehicles for transportation. Oil, which is the most precious and efficient source of energy, has already started to be exhausted due to heavy overpopulation, industrial demands, and scarcity of resources. The oil crisis in 1970 caused scientists all over the world to look for substitutes to fossil fuels to avoid economic and industrial collapses. Experts in the field of sustainable energy have turned their attention towards solar energy. Thomas Edison, the father of energy once said, “We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature's inexhaustible sources of energy — sun, wind, and tide.... I'd put my money on the sun and solar energy. What a source of power! I hope we don't have to wait until oil and coal run out before we tackle that” (Mathews 79). Solar energy is the safest, the most environment friendly, and one of the fastest developing sources of energy. The reasons that solar energy will dominate all other energy sources in the future are environmental concerns, renewability of the source, and technological adaptation for using solar power as a source. Solar technology utilizes the sun’s energy to produce electricity and does not rely on continual mining of raw materials. Consequently...
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...OVERVIEW Exelon Corporation is an electricity generating and distributing company headquartered in the Chase Tower in the Chicago Loop area of Chicago. Exelon came into existence in October 2000 after the merger between two large utilities: Unicom corp., the parent company of ComEd (Illinois) & PECO Energy Co. (Pennsylvania). Unicom owned Commonwealth Edison. Exelon has 5.4 million electricity customers and serves 485,000 natural gas customers in the Philadelphia suburbs. Exelon is the largest nuclear operator in the U.S. and the 4th largest power generator (in GW) of the nation. Question & Answers Question 1: How will branding benefit Exelon power? Answer: Exelon’s plan to brand Environmentally Preferable Power (EPP) serves 2 goals: * Charge a Premium for EPP and get better margins for a superior product. * To gain incremental business outside of its traditional served markets. Branding will send a strong signal to the market. Exelon is the 1st company attempting to market an ISO certified energy in the industry. Being the 1st mover not only gives Exelon the opportunity to shape the market but also to position Eco Preferred as a premium Product. The value of Eco Preferred comes from the fact that it is going to be a differentiating tool for companies purchasing it. Companies are used to purchasing electricity as a commodity & focusing only on price. Brand could help address this problem by giving a name and an identity to their clean...
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...Ronald Reagan Ronald Reagan was born on February 6, 1911 in Tampico, Illinois. Reagan was an American politician and actor who served as the 40th President of the United States from 1981-1989. His time in office saw a restoration of prosperity at home, with a goal of achieving peace through strength abroad. Ronald Wilson Reagan was born to Nelle and John Reagan. He went to a nearby high school in Dixon, Illinois. He then worked his way through Eureka College where he studied Economics and Sociology, played on the football team, and acted in school plays. Once he graduated, he became a radio sports announcer. An acting test in 1937 won him a contract in Hollywood. During his next 20 years appeared in 53 films. His first marriage...
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...This essay is an attempt to explain and discuss the characteristics that define a modernised individual/society in psychological, economic and political aspects. Furthermore, it will give a critique as to whether a school is the most potent force through which values can be cultivated. And finally the conclusion will be made. According to Toulmin (1990), a society is a group of people who live within some type of bounded territory and share a common way of life. This way of life is known as culture, and it includes their beliefs, norms, values, sanctions and customs. While been modernised means to be evolutionary transitioned from a pre-modern or traditional to a modern individual/society. The late concept of modernisation became popular in the 1950s. W.W. Rostow claims that societies have to pass through a linear process in order for them to achieve modernity, just as Europe did. Science and formal education takes a centre stage in the development of an individual/society. The individual is encouraged to come-up with scientific innovations on how best they can keep on developing their life in society, Finn (1993). The ...
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... Barack Obama Barack Obama Biography U.S. Representative, U.S. President, Lawyer (1961–) Early Life Barack Hussein Obama was born on August 4, 1961, in Honolulu, Hawaii. His mother, Ann Dunham, grew up in Wichita, Kansas, where her father worked on oil rigs during the Great Depression. After the Japanese attack on Pearl Harbor, Dunham's father, Stanley, enlisted in the service and marched across Europe in Patton's army. Dunham's mother, Madelyn, went to work on a bomber assembly line. After the war, the couple studied on the G.I. Bill, bought a house through the Federal Housing Program and, after several moves, landed in Hawaii. Barack Obama's father, Barack Obama Sr., was born of Luo ethnicity in Nyanza Province, Kenya. Obama Sr. grew up herding goats in Africa, eventually earning a scholarship that allowed him to leave Kenya and pursue his dreams of college in Hawaii. While studying at the University of Hawaii in Manoa, Obama Sr. met fellow student Ann Dunham, and they married on February 2, 1961. Barack was born six months later. Obama did not have a relationship with his father as a child. When his son was still an infant, Obama Sr. relocated to Massachusetts to attend Harvard University, pursuing a Ph.D. Barack's parents officially separated several months later and ultimately divorced in March 1964, when their son was 2. In 1965, Obama Sr. returned to Kenya...
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...Modern America (1890’s) >Civil war (1861-1865) Fredrick Jackson Turner >Speech at the Chicago world’s tour fair (1893) “And new, four centuries from the discovery of America, at the end of a hundred years of life under the constitution, the frontier has gone, and with its going has closed the first period of American history.” Modern Corporation (Began in 1850’s) Charter from a state Capital- Sale of stocks Limited personal liability Civil war Swift Meats Borden Dairy and groceries Carnegie – R.R’s and Steel Andrew Carnegie wrote in 1886 “if I asked what important law I should change, I would say none the laws are perfect” 1860 | 1900 Number of Americans 31 mill | 70 Mill Manufactured Goods 2 bill | 11 bill Miles of Rail Roads 30,000 | 200,00 Iron and Steel Production 0 | World’s largest Number of Industrial workers2.7Mill (40% of entire U.S. Population )|13 mill (65% of U.S. Population) America As A world Power ( the 1890’s) >European “imperialism” v American Imperialism (trade economic advantage) >from 1870-1900 America’s New Empire {18 Million square miles (1/5 of the earth’s land)~ 150 million people} >The 1875 Economic Depression Overseas markets for American goods (unemployment) >Need to sell a broad 70 % U.S. cotton / 40% U.S. wheat /50% U.S. copper /15% U.S. iron steel / 16% U.S. agricultural equipment to find overseas buyers – U.S. State...
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...Childhood Obesity in the U.S. : A Growing Epidemic Unfortunately, for various reasons many U.S. parents find it difficult to acknowledge that their children are overweight or obese. Childhood obesity is becoming a growing epidemic in the United States; according to the Centers for Disease Control and Prevention, the prevalence of obesity among children has more than doubled over the past 20 years, generating numerous physical, social and psychological problems for the children. "Obesity is a condition resulting from excessive storage of fat in the body. Obesity has been defined as a weight more than 20% above what is considered normal according to standard age, height, and weight tables, or by a complex formula known as the body mass index." Dictionary.com, LLC, (2009). The causes of childhood obesity are multiple and the consequences of this growing epidemic endanger the child's well-being. Happily, childhood obesity can be treated; physical activity, diet management, and behavior modification can bring an obese child to its normal body weight, returning them their physical and psychological health. What are the differences from THEN to NOW? When I say THEN, I am referring to a much simpler time; the time around the 1950’s. At that time children walked to school while now they usually ride a bus or are driven by a parent. Then family meals were eaten at a table while these days’ meals are most often fast food, eaten in cars on the way from one place or activity to another...
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