Constellation said the deal will enable it to extend the licenses of existing nuclear plants and invest in new equipment and technology that will increase output by about 135 megawatts.
The GSA said in the face of uncertainty over future electricity prices and soaring power demand from data centers and AI facilities, the contracts will provide federal agencies with budgetary stability by keeping electricity costs fixed for 10 years.
Joe Dominguez, president and CEO of Constellation, stated that the investments made as a result of this contract will keep these plants operating reliably for decades to come.
Robin Carnahan, the GSA administrator, claimed the deal demonstrates how the federal government can join major corporate clean energy buyers in spurring new nuclear energy capacity.
Collection
[
|
...
]