Leading utility solutions operator Exelon (EXC) has made significant advancements in all facets of its energy business as the nation’s key competitive energy provider. However, given that two of EXC’s power plants incurred significant losses last year as the nuclear industry continues to struggle to compete with cheaper forms of renewable power, will it be able to maintain its market standing? Let’s find out.Chicago-based nuclear electric power generation company Exelon Corporation (NASDAQ:) is a leading energy provider with the largest number of electricity and customers in the United States. The passage of a clean energy bill in Illinois in September to bring the state to 100% renewable energy by 2050 has helped preserve the Fortune 100 energy company’s nuclear fleet. The nuclear energy provider’s CEO celebrated the legislation in the company’s third-quarter financial report, calling it “a critical milestone.”

EXC’s stock has gained 14.6% in price over the past six months. It has fallen 1.8% in the last month.

The company is on track to complete the seperation of its utility and competitive generation businesses within the first quarter 2022 in order to better serve customers. However, the continued competitive disadvantage of nuclear power plants as they struggle on price to rival cheaper sources of energy may cause bearish sentiment towards the stock.

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