Constellation Seeks License Renewal Of Clinton Clean Energy Center For Additional 20 Years
Portfolio Pulse from Benzinga Newsdesk
Constellation has filed for a license renewal with the NRC for its Clinton Clean Energy Center in Illinois, aiming to extend its operation by 20 years, through 2047. This move is part of Constellation's efforts to support carbon-free energy production and the regional economy. The Clinton facility, which powers 800,000 homes, is a key part of Illinois' clean energy future, with the renewal potentially providing 179 terawatt hours of additional carbon-free electricity. The company has also made other investments in clean energy, including acquiring a stake in the South Texas Project and uprate projects in Illinois and Maryland.
February 15, 2024 | 6:01 pm
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Constellation's license renewal application for the Clinton Clean Energy Center and its investments in clean energy projects highlight its commitment to carbon-free energy and regional economic support.
The license renewal for the Clinton Clean Energy Center, if approved, would secure Constellation's position as a leader in carbon-free energy production, potentially boosting investor confidence. The company's investments in clean energy projects further demonstrate its strategic focus on sustainable energy, which is likely to have a positive impact on its stock price in the short term, given the growing market and regulatory support for clean energy.
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