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Before the market's open on June 3, Constellation Energy (NASDAQ: CEG), a nuclear energy giant, announced a new deal with AI hyperscaler Meta Platforms (NASDAQ: META).
Constellation Energy’s Eddystone gas- and oil-burning generator south of Philadelphia was deemed necessary for electric reliability this summer. Department of Energy headquarters in Washington.
Worldwide, nuclear energy is also seeing more demand, with global use expected to hit 515.5 gigawatts by 2034, up from 442.9 gigawatts in 2025. After the Meta deal was announced, Constellation’s ...
The emergency order directs Constellation to keep operating two units at its Eddystone power plant near Philadelphia until Aug. 28. The order can be extended. PJM supports DOE’s order.
Constellation Energy had planned to shut down Eddystone's units 3 and 4 on Saturday, but Trump's Department of Energy ordered the company to continue operating the units until at least Aug. 28.
Constellation’s deal with Meta is larger in scope. The Facebook parent will purchase 1,121 megawatts of nuclear energy, which corresponds to the electricity use of 1 million average American homes.
The Eddystone Generating Station, located just south of Philadelphia on the Delaware River, is owned and operated by Constellation Energy. The facility’s six units have a combined nameplate ...
Constellation Energy had planned to shut down Eddystone’s units 3 and 4 on Saturday, but Trump’s Department of Energy ordered the company to continue operating the units until at least Aug. 28.
Shares of Constellation Energy (CEG -0.03%) rocketed 37% in May, according to data provided by S&P Global Market Intelligence. Powering the energy producer's stock price was its strong first ...
Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy. Beginning in 2027, the tech giant will purchase about 1.1 gigawatts of power from Constellation's Clinton Clean ...
DRUMORE, Pa. — Constellation Energy Generation announced that it will test the warning system in and around the Muddy Run Pumped Storage Facility in Lancaster County at 10 a.m. on Thursday, July ...
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