Walmart turns to Illinois nuclear plant for 176 megawatts in its first direct deal
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3 Articles
Constellation Energy (NASDAQ: CEG) Secures Long-Term Nuclear Power Deal With Walmart (NYSE: WMT) For Illinois Clean Energy Supply
Constellation Energy Corporation (NASDAQ: CEG) and Walmart (NYSE: WMT) have announced a long-term nuclear power purchase agreement covering emissions-free electricity from Constellation’s Dresden Clean Energy Center in Illinois. The deal, announced on June 23, covers approximately 176 megawatts of wholesale electricity supply, which includes 30 MW of newly expanded generating capacity at the Dresden facility. Walmart will purchase energy, enviro…
Walmart turns to Illinois nuclear plant for 176 megawatts in its first direct deal
Walmart is entering a nuclear power purchase agreement for the first time. The company said the deal will give it access to about 176 megawatts of wholesale electricity from Constellation's Dresden Clean Energy Center in Illinois. What happened? Under the long-term arrangement, Walmart will receive carbon-pollution-free electricity from the Dresden nuclear plant through two separate 15-year contract periods that begin in 2029 and 2030. Of the 17…
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