Press release
Constellation’s 2023 Sustainability Report Highlights Progress on Clean Energy Transition and Community Impact
Continued investments in carbon-free energy, new customer solutions and underserved communities advance Constellation’s efforts to lead the nation’s clean
About this update from Constellation Energy Corporation
[{"type":"text","content":"\nContinued investments in carbon-free energy, new customer solutions and underserved communities advance Constellation’s efforts to lead the nation’s clean energy transition\n\n\n BALTIMORE--(BUSINESS WIRE)--\nConstellation (Nasdaq: CEG), the nation’s largest producer of carbon-free energy, released its 2023 Sustainability Report today, detailing milestones in the company’s mission to lead the fight against the climate crisis with energy that is clean, reliable and affordable. The report also measures Constellation’s progress in meeting its commitments to workforce development as well as diversity, equity and inclusion to help ensure that the economic and environmental gains from the energy transition benefit all communities, including those historically underserved.\n\n\nIn Constellation’s first full year as a standalone Fortune 200 company, the unique value of its carbon-free energy fleet was affirmed with passage of the Inflation Reduction Act (IRA), which recognized the vital role nuclear energy will play in meeting consumer demand for clean, reliable electricity. As the report highlights, Constellation’s fleet of nuclear, hydro, solar and wind assets accounted for more than 10% of the nation’s clean energy last year. About 90% of the energy Constellation produced in 2022 was carbon-free and the company remains focused on its goal to achieve 100% carbon-free generation by 2040.\n\n\n“Since day one, we’ve been focused on accelerating the transition to a carbon-free future and uplifting the communities we serve, and this report reflects our progress,” said Joe Dominguez, president and CEO of Constellation. “This year again demonstrated that America needs energy that is both clean and available when and where customers across the country need it. That’s why we are innovating products that will help our customers reduce greenhouse gas emissions, advocating for policies that will help our nation advance reliable, carbon-free energy, and working to ensure that the benefits of the energy transition are shared by all.”\n\n\nBelow are a few highlights from the report:\n\n\nProducing Clean, Affordable Hydrogen\n\n\nConstellation made history this year with the launch of nation’s first nuclear-powered electrolyzer at its Nine Mile Point station, funded in part through a Department of Energy grant, and stands ready to invest $900 milli...