Constellation Energy sounded upbeat about its existing nuclear fleet as well as future prospects for hydrogen production as it reported third quarter financial results on November 8.
The Baltimore-based utility holding company cited both state and federal support for carbon-free generation resources as it outlined a scenario that would keep its nuclear power plants in service until 2070.
In a press release announcing the quarterly results, Joe Dominguez, president and CEO, said that support for carbon-free energy in the federal Inflation Reduction Act that was passed into law in August “creates opportunities for us to extend the life of our nuclear fleet past mid-century.”
