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Constellation Energy signs 20-year nuclear power deal with Amazon
Constellation Energy Corp. has entered into a 20-year power purchase agreement with Amazon to secure energy for the company’s operations. The deal involves the Calvert Cliffs Clean Energy Center in Maryland, which is the state’s largest source of clean energy.
Under the agreement, Amazon will purchase 690 MW of power. This includes an expected 190 MW capacity increase at the facility, which is slated to come online between 2030 and 2032. The deal is expected to facilitate more than $3 billion in infrastructure investments and state-of-the-art improvements at the plant.
Constellation stated that the long-term revenue certainty provided by Amazon will support the company’s efforts to relicense the Calvert Cliffs plant for an additional 20 years. While the agreement helps Amazon manage regional energy costs, the power produced will continue to flow into the PJM regional grid rather than being diverted exclusively to Amazon data centers.
Entities
Amazon.com Inc. · Calvert Cliffs Clean Energy Center · Constellation Energy Corp. · David Dardis · Maryland
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The deal will enable more than $3 billion in infrastructure investment in Maryland. www.europesays.com · newsable.asianetnews.com · wtop.com
- [● 3 SOURCES] The plant will add approximately 190 MW of new capacity between 2030 and 2032. www.europesays.com · newsable.asianetnews.com · wtop.com
- [● 3 SOURCES] The agreement provides revenue certainty to relicense the Calvert Cliffs plant for another 20 years. www.europesays.com · newsable.asianetnews.com · wtop.com
- [● 3 SOURCES] Constellation signed a 20-year power purchase agreement with Amazon. www.europesays.com · newsable.asianetnews.com · wtop.com
- [● 2 SOURCES] Amazon will purchase 690 MW of power under the agreement. www.europesays.com · newsable.asianetnews.com
- [○ 1 SOURCE] The power from the facility will flow onto the regional grid rather than directly to Amazon data centers. wtop.com