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

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