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- Constellation Secures Over $1 Billion in Energy Contracts with U.S. Government
Constellation Secures Over $1 Billion in Energy Contracts with U.S. Government
Slice of Energy Team
January 08, 2025
Key Highlights:
$840M contract to supply 1M MWh annually of nuclear energy to 13 federal agencies starting in 2025.
$172M Energy Savings Performance Contract for conservation measures at five GSA-owned facilities in Washington, DC, and Maryland.
Projects include LED lighting upgrades, HVAC improvements, and electric boiler installations, with work set to conclude in 42 months.
Energy will be provided to major agencies, including the Department of Transportation, Social Security Administration, and National Park Service.
Advances Constellation’s goal of accelerating carbon-free energy solutions and supporting sustainability initiatives.
Source: Business Wire
Notable Quotes:
“For many decades, Constellation’s nuclear fleet has provided carbon-free, reliable, American-made energy to millions of families and institutions.”
“This historic procurement locks in a cost-competitive, reliable supply of nuclear energy over a 10-year period, accelerating progress toward a carbon-free energy future while protecting taxpayers against future price hikes.”
Why This Matters:
This landmark agreement highlights a significant federal commitment to nuclear energy as a cornerstone of clean energy initiatives. By ensuring a reliable, carbon-free energy supply for government agencies and implementing innovative energy-saving measures, Constellation is setting a precedent for public-private collaboration in achieving national sustainability goals. Additionally, this move aligns with broader efforts to stabilize energy costs, reduce emissions, and modernize critical infrastructure, paving the way for future investments in clean energy technologies.