Constellation Energy
CEG assesses factors needed for Calvert Cliffs expansionConstellation Energy Group may need more than just federal loan guarantees for it to press forward with a third reactor at its Calvert Cliffs nuclear plant in Maryland, said CEO Mayo Shattuck. Since Calvert Cliffs is a "merchant" plant, it would benefit from high prices for competing fuels and high demand. But if prices are weak, owners may be unable to pay back construction loans. "I'd like to think we could get over the hurdle of this merchant dilemma," he added. The New York Times (free registration)/Green blog
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