Exelon split completed; Constellation launched

February 2, 2022, 3:00PMNuclear News

Constellation, formerly Exelon Generation, owner and operator of the nation’s largest nuclear reactor fleet, announced this morning the completion of its separation from Exelon Corporation and its launch as a stand-alone, publicly traded company. Headquartered in Baltimore, Md., the new company began trading today on the Nasdaq Global Select Market under the symbol “CEG.”

Exelon announced last February that it had begun the effort to separate its utility businesses from its competitive power generation and customer-facing energy businesses.

NRC okays license transfers for Exelon plants

November 18, 2021, 3:00PMNuclear News

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.

First complete accident tolerant fuel assembly in operation at Calvert Cliffs

November 9, 2021, 3:32PMNuclear News
Framatome’s PROtect accident tolerant fuel assembly undergoes final inspection before delivery to Exelon’s Calvert Cliffs-2 in Lusby, Md.

The nuclear industry’s first 100 percent accident tolerant fuel assembly is in operation at Exelon Generation’s Calvert Cliffs plant, the Department of Energy announced yesterday. The advanced fuel will operate in the reactor for the next four to six years and will be routinely inspected to monitor its performance, the DOE said.

Located in Lusby, Md., Calvert Cliffs houses two pressurized water reactors. Unit 1 is rated at 907 Mwe, and Unit 2 at 881 Mwe.