Constellation CEO Joe Dominguez Testifies Before Senate Energy and Natural Resources Committee

On Thursday, March 9, Constellation CEO Joe Dominguez called on congress to authorize and fully fund legislation providing up to $3.5 billion for investments in domestic fuel sources for the nuclear energy industry, citing risks to the environment, energy grid reliability and national security if America’s nuclear industry lacks sufficient nuclear fuel in coming years as a result of global disruptions in the supply chain.

In testimony before the Senate Energy and Natural Resources Committee, Dominguez discussed how the global pandemic and the unprovoked war in Ukraine have exposed the nation’s dependence on foreign suppliers – dominated by Russia -- for enriched uranium that is converted into fuel for use in nuclear power plants.

Source: Forbes Breaking News

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Constellation Press Release

Joe Dominguez Prepared Testimony

Additional Witness Testimony: Hon. Kathryn Huff and Dr. John Wagner

About Constellation

Constellation Energy Corporation (Nasdaq: CEG), a Fortune 200 company headquartered in Baltimore, is the largest private-sector power producer in the world and the nation’s largest producer of clean and reliable energy. With 55 gigawatts of capacity from nuclear, natural gas, geothermal, hydro, wind and solar facilities, our fleet has the generating capacity to power the equivalent of 27 million homes, providing about 10% of the nation’s clean energy and delivering the around-the-clock reliability needed to power America’s growing economy. We are also the largest nuclear energy company in the U.S. and a leading competitive retail supplier, serving more than 2.5 million homes, businesses and public sector customers nationwide, including three-fourths of the Fortune 100. We are committed to investing in innovation and new technologies to drive the transition to a reliable, sustainable and secure energy future. Follow Constellation on LinkedIn and X.