Constellation's Crane Clean Energy Center receives a $1 billion DOE loan for adding 835 MWs of new baseload power to the grid.
The loan will help restore reliable nuclear energy and create thousands of jobs, supporting the digital economy.
DOE's quick action and leadership facilitate the expedited restart of the Crane Clean Energy Center without compromising quality or safety.
DOE Loan Backing
$1 billion U.S. DOE loan adds financial strength to Constellation's Crane Clean Energy Center project.
Job Creation
The project is expected to create 3,400 new jobs and over 800 megawatts of carbon-free electricity.
Economic Impact
The restart of the reactor at Crane will deliver significant economic benefits, including $16 billion for Pennsylvania's GDP.
- The Crane Clean Energy Center will support grid stability by providing reliable, around-the-clock electric supply.
- The project's economic impact includes keeping electricity prices in check and generating substantial state and federal tax revenue.
Constellation's commitment to advancing nuclear energy contributes to energy independence and economic growth, aligning with America's energy policies and infrastructure development.