Chesapeake Bay and Environmental Progress at the Conowingo Dam
May 3, 2021
Exelon Makes Initial Payments of More than $5.7 Million to Maryland under $200 Million Agreement Incorporated into Dam Relicensing
Photo by Stephen Badger/Maryland Department of Natural Resources
Maryland has received the first payments, totaling more than $5.7 million, under an agreement that requires the owner of the Conowingo Dam to invest in environmental projects and operational enhancements to improve water quality in the Lower Susquehanna River and the Chesapeake Bay.
Conowingo Dam owner Exelon Generation Company LLC made payments to the Maryland Department of the Environment (MDE) and the Maryland Department of Natural Resources (DNR) to allow for the start of a series of projects that will play a key role in Maryland’s holistic strategy to improve water quality and accelerate the restoration of the Chesapeake Bay. The agreement requires a total of more than $200 million in investments by Exelon, including nearly $107 million in payments to Maryland, over the 50-year term of its recently renewed federal license.