Press release
Air Emissions Report Confirms Constellation Produces the Most Carbon-Free Electricity and Has the Cleanest Generation Fleet Among Large Power Producers
Next cleanest peer company has nearly quadruple the rate of carbon dioxide emissions as Constellation BALTIMORE--(BUSINESS WIRE)-- Constellation (Nasdaq:
About this update from Constellation Energy Corporation
[{"type":"text","content":"\nNext cleanest peer company has nearly quadruple the rate of carbon dioxide emissions as Constellation\n\n BALTIMORE--(BUSINESS WIRE)--\nConstellation (Nasdaq: CEG), the nation’s largest producer of carbon-free energy, has by far the lowest rate of carbon dioxide emissions among the 20 largest investor-owned power producers in the United States, according to an independent analysis based on publicly reported air emissions.\n\nReleased today, the latest 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 nearly four times the rate of carbon dioxide emissions as Constellation. Constellation’s fleet of nuclear, solar, wind and hydro plants produce about 10 percent of the nation’s carbon-free energy. Nearly 90 percent of the company’s annual energy output comes from carbon-free sources.\n\n“While we have made tremendous progress in lowering emissions, the climate crisis remains an urgent threat and we must continue working toward a more sustainable, clean energy future,” said Joe Dominguez, president and CEO of Constellation. “We are committed to our goal to produce 100 percent of our electricity from carbon-free resources by 2040, while investing in new and emerging technology, increasing domestic energy security and supporting job growth and equitable economic development in the communities we serve.”\n\nThe 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. The report was based on 2021 data, prior to Constellation’s separation from its former parent company, Exelon, in February 2022. Constellation owns and operates all of Exelon’s former generation assets.\n\nIn February 2022, Constellation launched as a standalone company with a nation-leading pledge to deliver 95 percent carbon-free electricity by 2030 and 100 percent by 2040.\n\nConstellation is pursuing multiple technologies to help the company and its customers lower emissions. The company received a U.S. Departmen...