Constellation, Amazon sign 20-year power deal to support Maryland nuclear plant
CEG•Constellation Energy and Amazon signed a 20-year power purchase agreement supporting expansion of Maryland’s Calvert Cliffs nuclear plant. The deal includes 690 megawatts from the plant and is expected to enable more than $3 billion in Maryland infrastructure investment, including about 190 megawatts of new generating capacity.
1. Power purchase agreement
Constellation Energy and Amazon announced a 20-year power purchase agreement supporting the expansion of the Calvert Cliffs nuclear plant in Maryland. The deal includes 690 megawatts of power from the plant, which has a capacity of 1,790 megawatts.
2. Investment and capacity
The agreement will enable more than $3 billion in Maryland infrastructure investment, including about 190 megawatts of new emissions-free generating capacity expected to come online between 2030 and 2032. The companies also entered into a retail supply agreement to support Amazon’s operations in the 13-state PJM power market.
3. License and project plans
Amazon’s long-term commitment is expected to support Constellation’s efforts to renew Calvert Cliffs’ operating license for another 20 years. The agreement could also support advanced nuclear and other clean-energy projects at the site. Calvert Cliffs is Maryland’s only nuclear power plant and produces about 80% of the state’s clean energy, according to the companies’ statement.
