Constellation Remains No. 1 Producer of Carbon-Free Energy, New Report Confirms
15 Novembro 2023 - 12:00PM
Business Wire
Annual air emissions report also confirms
Constellation’s rate of carbon dioxide emissions is more than
four-and-half times lower than that of its next closest peer
For the 10th consecutive year, Constellation (Nasdaq: CEG) is
the nation’s largest producer of clean, carbon-free energy and
boasts the lowest rate of carbon dioxide emissions among the 20
largest private, investor-owned power producers in the United
States, according to an independent analysis based on publicly
reported 2021 air emissions data.
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With more than 23,000 megawatts of clean
generating capacity, Constellation’s fleet of nuclear, solar, wind
and hydro plants produce about 10% of the nation’s carbon-free
energy. (Photo: Business Wire)
Released today, the annual Benchmarking Air Emissions of the 100
Largest Electric Power Producers in the United States report showed
that the next cleanest company among the group of 20 had more than
four-and-a-half times the rate of carbon dioxide emissions
(lbCO2e/MWh) as Constellation. With more than 23,000 megawatts of
clean generating capacity, Constellation’s fleet of nuclear, solar,
wind and hydro plants produce about 10% of the nation’s carbon-free
energy. Nearly 90% of Constellation’s annual energy output comes
from carbon-free sources and the company has set a goal to produce
95% carbon-free electricity by 2030 and 100% by 2040.
“After this year of record-shattering weather, it is clear that
all industries must move faster to reduce emissions and lay the
foundation for our clean energy future,” said Joe Dominguez,
president and CEO of Constellation. “As we transition to a clean
grid, we must ensure the lights stay on in every hour of every day,
and nuclear energy is the only clean energy resource that can
operate around the clock in all weather extremes. Backed by the
unmatched reliability of our nuclear fleet, we are continuously
seeking ways to increase our clean generation capacity, while
helping customers achieve their own sustainability goals through
innovations such as clean hydrogen and hourly carbon-free energy
matching.”
The emissions report benchmarks key air pollutant emissions --
including nitrogen oxide, sulfur dioxide, carbon dioxide and
mercury -- from the 100 largest U.S. power producers. It relies
upon publicly reported generation and emissions data from the U.S.
Energy Information Administration and the U.S. Environmental
Protection Agency and has established a clear record of the
sector’s environmental performance.
Per the report, zero-carbon resources were the leading source of
power generation in the United States in 2022, providing
approximately 41% of the nation’s electricity. Nuclear energy led
the way, comprising 44% of that total and 18% of all U.S.
generation.
Constellation is investing billions of dollars in projects to
lower emissions across the company and for its customers:
- Last month, the MachH2 clean hydrogen hub, of which
Constellation is a major participant, was selected for up to $1
billion in funding by the Department of Energy as part of the
bipartisan Infrastructure Investment and Jobs Act. Constellation
will use a portion of the hub funding to build the world’s largest
nuclear-powered clean hydrogen production facility at its LaSalle
Clean Energy Center in Illinois. The project will produce an
estimated 33,450 tons of clean hydrogen each year with the goal of
lowering emissions for difficult-to-decarbonize industries such as
agriculture and transportation.
- This year, Constellation announced plans to invest $800 million
in new equipment to increase the capacity of its Braidwood and
Byron nuclear plants in Illinois. The company also launched a $350
million wind repowering effort to increase the output and lifespan
of its renewable energy portfolio.
- Constellation also has introduced an hourly carbon-free energy
matching product to help customers like Microsoft and ComEd power
their operations with carbon-free energy produced at the same time
and place it is consumed.
- Last month, Constellation acquired a 44% ownership stake in the
South Texas Electric Generating Station (STP), a 2,645-megawatt,
dual-unit nuclear plant located about 90 miles southwest of
Houston. One of the newest and largest plants in the U.S., STP
generates enough carbon-free power for two million average
homes.
- In May, Constellation achieved an industry record for blending
high concentrations of hydrogen with natural gas, further proof
that hydrogen can be an effective tool to lower greenhouse gas
emissions. The test at Constellation’s Hillabee Generating Station
showed that with only minor modifications, a 13-year-old existing
natural gas plant can safely operate on a blend of 38% hydrogen,
nearly doubling the previous blending record for similar
generators.
Learn more about Constellation’s efforts to accelerate the
transition to a carbon-free future, mitigate the climate crisis and
support energy equity and environmental justice in our 2023
Sustainability Report.
About Constellation
A Fortune 200 company headquartered in Baltimore, Constellation
Energy Corporation (Nasdaq: CEG) is the nation’s largest producer
of clean, carbon-free energy and a leading supplier of energy
products and services to businesses, homes, community aggregations
and public sector customers across the continental United States,
including three fourths of Fortune 100 companies. With annual
output that is nearly 90% carbon-free, our hydro, wind and solar
facilities paired with the nation’s largest nuclear fleet have the
generating capacity to power the equivalent of 16 million homes,
providing about 10% of the nation’s clean energy. We are further
accelerating the nation’s transition to a carbon-free future by
helping our customers reach their sustainability goals, setting our
own ambitious goal of achieving 100% carbon-free generation by
2040, and by investing in promising emerging technologies to
eliminate carbon emissions across all sectors of the economy.
Follow Constellation on LinkedIn and Twitter.
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Dave Snyder Constellation Communications 667-218-7700
david.snyder@constellation.com
Constellation Energy (NASDAQ:CEG)
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