Michael Innocenzo

Executive VP & COO, Exelon

Search every verified Michael Innocenzo interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Michael Innocenzo, Executive Vice President and Chief Operating Officer at Exelon, discussed the company's position on generation ownership and grid demand in a November 2025 interview. He stated that Exelon, which currently operates as a transmission and distribution-only company, decided to focus on regulated markets after splitting off its generation business into Constellation. Innocenzo said Exelon is advocating for a regulated model to build new generation, citing the need for nuclear, renewables, storage, and natural gas to meet rising demand. He noted that PJM interconnection has increased capacity prices without spurring sufficient new build, and he argued that a regulated approach could provide certainty, customer benefits through lower capital costs, and control over resource types. In a June 2025 appearance, Innocenzo spoke about his career and industry collaboration. He described starting in the industry through a co-op program with Philadelphia Electric Company while in college, and he highlighted workforce development programs at Exelon as a source of personal satisfaction. He emphasized the importance of collaboration among utility companies to improve safety and service, and he credited a manager's early advice—to do interesting, important work with people he likes and respects—as guiding his leadership approach. Innocenzo also mentioned his 20-year board membership with the Philadelphia Police Athletic League.