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The Nuclear Regulatory Commission has approved the indirect transfer of the licenses for 23 operating and five decommissioning reactors, as well as their associated independent spent fuel storage installations, from Exelon Corporation to a new company as part of a corporate restructuring, the agency announced yesterday.
Mike Kramer: Navigating power deals in the new data economy
Mike Kramer has a background in finance, not engineering, but a combined 20 years at Exelon and Constellation and a key role in the deals that have Meta and Microsoft buying power from...
Crane restart boosted by $1B LPO loan
The Department of Energy announced on November 18 that it has closed on a $1 billion loan through its Loan Programs Office to Constellation to aid in financing the restart of the 835-MWe Crane...
Constellation considers advanced nuclear in Maryland
Constellation is considering adding 2,000 MW of nuclear energy at Calvert Cliffs, located on Chesapeake Bay near Lusby, Md., which would effectively double the site’s output, according to...
Illinois legislature lifts ban on nuclear energy, funds clean energy
The Illinois General Assembly passed a clean energy bill on October 30 that would, in part, lift a 30-year moratorium on new nuclear energy in the state and create incentives for more energy...
NRC completes environmental review of Dresden SLR
The Nuclear Regulatory Commission has found that the environmental impacts of renewing the operating license of the Dresden nuclear power plant outside Chicago, Ill., for an additional 20...
Blue Wave recognized with IAEA innovation award
The International Atomic Energy Agency presented its 2025 Global ISOP Innovation Award for AI to Blue Wave AI Labs, Constellation, and the Southern Company subsidiary Southern Nuclear for the...
NRC completes environmental review of Peach Bottom, Browns Ferry SLRs
The Nuclear Regulatory Commission has found that the environmental impacts of renewing the operating licenses of the Peach Bottom and Browns Ferry nuclear power plants for an additional 20...
Constellation appoints new nuclear chief
Longtime nuclear industry executive Chris Mudrick has been named the new chief nuclear officer at Constellation Energy, effective September 29. He will take over the position from Dave...
Gov. Pritzker looks to possible changes in Illinois nuclear
About two years ago, on August 11, 2023, Illinois Gov. J.B. Pritzker vetoed S.B. 76, a bill that would have lifted the state’s moratorium on new nuclear power plant construction. It was a...
Constellation-Meta agreement ensures future of Clinton plant
Constellation has reported that its employees were joined by hundreds of community members and labor leaders on August 26 at the Clinton Clean Energy Center to celebrate a power purchase...
