Press release
Constellation CEO Joe Dominguez Lays Out Vision for Clean Energy Transition
Pairing zero-carbon nuclear energy with new technologies offers path to solving the climate crisis while maintaining energy security and grid reliability
About this update from Constellation Energy Corporation
[{"type":"text","content":"\nPairing zero-carbon nuclear energy with new technologies offers path to solving the climate crisis while maintaining energy security and grid reliability\n\n WASHINGTON--(BUSINESS WIRE)--\nIn an address to energy and climate leaders today, Constellation CEO Joe Dominguez said nuclear energy will play a central role in accelerating the transition to a clean-energy economy by providing a foundation of secure, carbon-free energy to the grid and enabling new technologies, such as clean hydrogen to power difficult-to-decarbonize industries and direct air capture (DAC) systems, which remove carbon dioxide from the atmosphere. Nuclear energy’s unique ability to provide reliable, 24/7 clean energy also is critical to enhancing our nation’s energy security and grid reliability as global energy markets grapple with the devastating war in Ukraine and other challenges, he said.\n\n“Concern in recent years about the future of nuclear energy has been replaced with a growing consensus among climate leaders and policymakers that maintaining and extending the life of our zero-carbon nuclear fleet is critical to solving the climate crisis and protecting our nation’s energy security,” Dominguez said. “We have begun to transition our nuclear sites into versatile clean energy centers that not only generate emissions-free power, but also bring together new technologies that help decarbonize the entire U.S. economy.”\n\nThe comments were part of a keynote address to participants in the Nuclear Energy Institute’s annual Nuclear Energy Assembly, which gathers climate leaders, energy industry professionals, policymakers and innovators to discuss key issues affecting the industry. The event was held at the Grand Hyatt Washington.\n\nConstellation, the nation’s largest producer of carbon-free energy, launched as a standalone company in February with a nation-leading pledge to deliver 95 percent carbon-free electricity by 2030 and 100 percent by 2040. No other large power producer has made a pledge to reduce emissions to zero, without offsets, by that date. The company currently produces 10 percent of all clean energy on the grid in the U.S. with its zero-carbon fleet of nuclear, solar, wind and hydro power plants.\n\nConstellation is pursuing multiple technologies to help customers lower emissions. The company received a U.S. Department of Energy (DOE) g...