Constellation Energy pursues Peak+ contracts combining clean baseload and capacity resources
CEG Constellation Energy Corp
$282.40 +2.79%
View chart & analysis → - 1Constellation Energy is pursuing Peak+ contracts that combine clean baseload power with battery storage for large customers.
- 2Constellation has secured its first Peak+ customer through a 20-year contract providing 270 MW of capacity and attributes from existing nuclear power plants.
- 3The total cost of the nuclear output enhancement capacity included in Constellation's long-term contract is approximately $4.3 billion.
So what's the key point?
Constellation Energy is starting new contracts that bundle nuclear power and batteries. The company is expanding its business by securing large customers through these $4.3 billion scale contracts.
Source Utility Dive · View original ↗
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