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Constellation Repowers Criterion Wind as Part of $350 Million Investment in Its Renewable Fleet

Project is the latest in a series of investments to accelerate renewable, nuclear and other clean-energy growth initiatives across the company

articleConstellation Energy CorporationJune 8, 20233/company/constellation-energy-corp/news/constellation-repowers-criterion-wind-as-part-of-dollar350-million-investment-in-its-1
Constellation Repowers Criterion Wind as Part of $350 Million Investment in Its Renewable Fleet

About this update from Constellation Energy Corporation

[{"type":"text","content":"\nProject is the latest in a series of investments to accelerate renewable, nuclear and other clean-energy growth initiatives across the company\n\n\n BALTIMORE--(BUSINESS WIRE)--\nConstellation (Nasdaq: CEG) is improving the efficiency and increasing the output of its Criterion wind project in Oakland, Md., and extending the life of the facility for 20 years, a move that will deliver more carbon-free electricity to the region and launch a $350 million effort to increase the output and lifespan of the company’s renewable energy portfolio. Over the course of this fleetwide project, Constellation’s repowering efforts will enable 315 megawatts of its existing carbon-free wind fleet to generate greater output at the same wind conditions.\n\n\nThe Criterion wind project is the latest in a series of investments Constellation has made to lead the nation’s response to the climate crisis and help states like Maryland accelerate clean-energy growth initiatives and achieve the aggressive environmental goals set forth by the Maryland General Assembly and the Moore administration. Constellation operates 27 wind projects that are capable of producing about 1,400 megawatts of electricity.\n\n\n“Constellation leads the nation in carbon-free energy production. Our investment strategy will unlock even more clean energy from our existing facilities to help the nation meet its ambitious climate goals,” said Joe Dominguez, president and CEO of Constellation.\n\n\nIn addition to the significant investment in Maryland in recent months, Constellation has announced the acquisition of a 44 percent ownership stake in the South Texas Project nuclear plant, an intent to seek license renewal at its Clinton and Dresden nuclear plants in Illinois, and an $800 million uprate project at the Braidwood and Byron nuclear facilities in Illinois. In addition, Constellation recently began producing hydrogen at the nation’s first one-megawatt nuclear-powered clean hydrogen facility in upstate New York, and set an industry record for blending high concentrations of hydrogen with natural gas to lower emissions at its Hillabee Generating Station in Alabama.\n\n\n“We are very excited about this project, as the assessable tax base and the 100-plus construction jobs created are significant,” said Paul Edwards, Chairman of the Garrett County Commissioners. “The increase in ca...

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