DOE Commits Up to $5 Billion in Conditional Loans for Constellation Nuclear Uprates

The U.S. Department of Energy has committed up to $5 billion in conditional loans to Constellation Energy to uprate 11 existing reactors at eight plants in Illinois, Maryland and Pennsylvania, adding 1.1 gigawatts. The commitment has not been finalized. Uprates raise the output of operating reactors and require no new sites or reactor licenses.