From the wire:
Constellation Energy (NYSE: CEG) today announced that it intends to apply to the Nuclear Regulatory Commission (NRC) for a combined construction and operating license (COL). This is the first step in a multi-phase process that could ultimately lead to the development and deployment of its first nuclear power plant in more than 30 years. Sites under consideration include the company's Calvert Cliffs Nuclear Power Plant in Southern Maryland and the Nine Mile Point Nuclear Station in upstate New York. Final site selection is expected by early next year.More great news. Announcements like this one are exactly why I joined up with the nuclear energy industry.
"With this announcement, Constellation Energy confirms its position as one of the leaders in bringing new nuclear power in this country one step closer to reality," said Michael J. Wallace, executive vice president for Constellation Energy. "Our decision to file with the NRC at this time is consistent with our disciplined value-driven approach to nuclear power, and our recently announced partnership with AREVA, Inc. and the formation of UniStar Nuclear. But for passage and enactment of the Energy Policy Act, we would not be making this announcement today. We appreciate the support and leadership demonstrated by the Administration and Congress on this issue."
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