Constellation And Amazon Sign 20-Year Nuclear Power Agreement Supporting $3 Billion In Maryland Investment

Constellation And Amazon Sign 20-Year Nuclear Power Agreement Supporting  Billion In Maryland Investment

Constellation and Amazon have signed a 20-year power agreement to support the continued operation and expansion of the Calvert Cliffs Clean Energy Center in Maryland, including about 190 megawatts of new nuclear generating capacity.

The agreement is expected to enable more than $3 billion of infrastructure investment in Maryland.

Constellation plans improvements across the 1,790-megawatt Calvert Cliffs plant, with the additional 190 megawatts of emissions-free capacity expected to come online between 2030 and 2032.

The 20-year agreement covers 690 megawatts of power, including the 190-megawatt uprate.

Constellation and Amazon also entered into a related retail supply agreement supporting Amazon operations across the 13-state PJM electricity market.

Amazon’s long-term commitment is intended to provide Constellation with additional revenue certainty as it pursues relicensing of Calvert Cliffs for another 20 years.

Constellation also plans to use the relationship as a…

https://pulse2.com/constellation-and-amazon-sign-20-year-nuclear-power-agreement-supporting-3-billion-in-maryland-investment/