Amazon and energy producer Constellation Energy announced a new 20-year power purchase agreement (PPA) aimed at supporting the continued operation and expansion of Constellation’s Calvert Cliffs nuclear plant in Maryland, and providing Amazon with carbon-free energy..
According to Constellation, the new agreement will enable investments in state-of-the-art improvements across the 1,790 MW plant, which it said plant produces about 80% of Maryland’s carbon-free energy, adding approximately 190 MW of new generating capacity, which will come online between 2030 and 2032.
Constellation added that the revenue certainty provided by the deal will enable it to relicense the plant for another 20 years and make progress toward the development of new clean energy power plants at the site.
Overall, the agreement will enable more than $3 billion in Maryland infrastructure investment, the company said.
Constellation President and CEO Joe Dominguez…
