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Constellation Energy has 5 GW of projects — nuclear uprates, gas-fired generation and battery storage — in the PJM Interconnection’s generation queue, company officials said Monday during an earnings conference call.
However, the world’s largest independent power producer said potential data center customers are waiting to see how PJM’s pending rules for colocating load and a proposed reliability backstop auction process shake out, according to Joseph Dominguez, Constellation president and CEO.
“Some customers have been willing to continue advancing project discussions and agreement negotiations while others have chosen to pause and wait for regulatory clarity,” Dominguez said.
Constellation, based in Baltimore, is also waiting to see what projects it wants to advance in PJM, according to Dominguez.
