Exelon to Study Making and Storing Hydrogen Power in a Nuclear Plant

  • Waste heat from reactors can be used to produce hydrogen
  • Hydrogen touted as source of clean energy that’s easy to store

Exelon CEO Chris Crane

Photographer: T.J. Kirkpatrick/Bloomberg
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Exelon Corp. will begin evaluating hydrogen production next year at one of its nuclear plants in New York, part of a growing push to use the most abundant element in the universe as a source of carbon-free power.

The Chicago-based company received a grant from the U.S. Energy Department to “explore the potential benefits of onsite production” at its Nine Mile Point facility north of Syracuse, Chief Executive Officer Chris Crane said Wednesday during a conference callBloomberg Terminal.