Constellation Energy Corporation (CEG) Nuclear Generation by Geography

Maps out nuclear energy production across various locations, reflecting the company's commitment to stable, low-carbon power generation and its strategic positioning in different regulatory environments.

Midwest remains Constellation's nuclear backbone with steady seasonal peaks; ERCOT only began contributing after 2023 and has ramped to a meaningful but smaller slice, diversifying geography while exposing output to ERCOT price softness and interconnection/regulatory timing. Mid-Atlantic and New York show predictable seasonal/refueling dips—recent Q1 softness aligns with extra planned outages and weaker ZEC credits. Management's 92.3% Q1 nuclear capacity factor confirms operational strength, supporting the company's free cash flow, buyback, and uprate-driven growth thesis, provided PJM/FERC timing doesn't delay capacity accretion.