Constellation, the largest producer of clean, emissions-free energy in the United States, has secured over $1 billion in contracts from the U.S. General Services Administration (GSA). Under this agreement, Constellation will deliver clean energy to more than 13 federal agencies and implement energy efficiency measures in five GSA-owned facilities in the National Capital Region.
Joe Dominguez, Constellation President and CEO revealed some crucial aspects of this deal. He said,
“For many decades, Constellation’s nuclear fleet has provided carbon-free, reliable, American-made energy to millions of families and institutions. Frustratingly, however, nuclear energy was excluded from many corporate and government sustainable energy procurements. Not anymore. This agreement is another powerful example of how things have changed. Under this agreement, the United States government joins Microsoft and other entities to support continued investment in reliable nuclear energy that will allow Constellation to relicense and extend the lives of these critical assets. In combination with the Crane restart announced previously, Constellation and its partners will add approximately 1,100 MWs of 24/7 clean energy by 2028, enough energy to power over one million homes.”
Constellation’s New Energy Upgrades to Cut Emissions at Federal Facilities
The company announced that it has signed a 10-year, $840 million contract which is the largest in GSA’s history. Starting in 2025, it will supply over 1 million megawatt hours of power annually. Notably, part of this power will come from the company’s planned investments to enhance plant output.
Additionally, the company also secured a $172 million Energy Savings Performance Contract to improve energy efficiency at five GSA-owned facilities in the National Capital Region. It includes the Elijah Barrett Prettyman U.S. Courthouse, the William B. Bryant Annex, the Orville Wright Federal Building, and the Wilbur Wright Federal Building, all located in Washington, DC. The fifth building, the Harvey W. Wiley Federal Building is in College Park, Maryland.
GSA Administrator Robin Carnahan shared more details on this agreement,
“This historic procurement locks in a cost-competitive, reliable supply of nuclear energy over a 10-year period, accelerating progress toward a carbon-free energy future while protecting taxpayers against future price hikes. We’re demonstrating how the federal government can join major corporate clean energy buyers in spurring new nuclear energy capacity and ensuring a reliable, affordable supply of clean energy for everyone.”
U.S. Nuclear Generation and Generating Capacity
A Sustainable Transformation
Under the contract, Constellation will implement various energy-saving measures to enhance efficiency and lower emissions. These upgrades will include installing advanced LED lighting systems, improving building weatherization, and replacing or enhancing windows. Additionally, new and upgraded heating, ventilation, and air conditioning (HVAC) systems will be installed alongside modernized building control equipment.
These facilities are crucial for federal operations and their energy upgrades are vital for a sustainable infrastructure. Most importantly all these upgrades substantially reduce greenhouse gas emissions and cost for federal buildings.
Construction will start this month and will last about 42 months. During this time, Constellation will manage installations, upgrades, and maintenance. Moreover, it will train GSA staff to ensure they can run and maintain the new systems. This training is vital for long-term energy savings and efficiency.
Constellation’s Nuclear Vision: Shaping the U.S. Clean Energy Future
In the U.S., nuclear energy provides about 20% of the country’s total power and 50% of its carbon-free energy. It offers steady, clean power, which keeps the electric grid stable and reliable even in extreme weather. This, in turn, boosts American energy security and independence. Moreover, it creates good jobs that strengthen communities.
Constellation Energy is America’s largest nuclear energy producer. In 2023, its nuclear plants achieved an impressive 94.4% capacity factor. Together with its hydro, wind, and solar facilities, the company powers 16 million homes, supplying 10% of the nation’s clean energy.
On December 17, 2024, the company launched a pilot project in Washington D.C. to allow consumers to power their homes with 100% clean nuclear energy. The program offers nuclear power at 11.99 cents per kilowatt-hour, which is cheaper than the current supply rate from the local utility. By choosing carbon-free nuclear energy, D.C. residents can cut their energy bills while conserving the environment.
Net Zero Commitment
Each year, Constellation’s clean energy operations prevent 125 million metric tons of carbon emissions. That’s the same as removing 29 million gas-powered cars from the road.
All these initiatives point toward a carbon-free future and reducing Scope 1 and 2 GHG emissions. The company’s climate goals are further explained in the image below:
Source: Constellation
We can conclude by saying that Constellation’s commitment to advancing clean nuclear energy for federal buildings marks a new era for the U.S. energy landscape.
More Power per Punch: Nuclear Energy Outshines Fossil Fuels
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The post Constellation Secures Groundbreaking $1 Billion Clean Nuclear Energy Deal with Federal Government appeared first on Carbon Credits.
The uranium price has continued its upward trajectory this week, climbing to 85.67 USD. This represents a solid 2.19% gain over the last seven days and extends the year-to-date performance to a 5.09% increase. After a period of consolidation, the market is witnessing renewed momentum driven by the converging forces of a widening supply deficit and escalating energy demands from the technology sector.
Uranium Price
Market Drivers for the Uranium Price
The primary catalyst behind the recent movement is the intensifying focus on nuclear energy as a critical solution for powering artificial intelligence (AI) infrastructure. As data centers expand globally, tech giants are increasingly seeking reliable, carbon-free baseload power, prompting a reassessment of long-term demand. Recent reports indicate that major utilities are accelerating their contracting cycles to secure fuel inventory, anticipating a squeeze as new reactors come online in Asia and dormant facilities restart in Japan.
On the supply side, geopolitical friction continues to tighten the market. Persistent restrictions on Russian nuclear fuel imports have forced Western utilities to pivot toward alternative suppliers, creating bottlenecks in conversion and enrichment services. Additionally, recent activity from physical funds—most notably a reported purchase of 100,000 pounds of yellowcake by Sprott—has removed spot inventory, adding immediate upward pressure to the uranium price.
Technical Outlook
Technically, uranium has firmly established support above the psychological $80 level. The breakout above $85 signals bullish sentiment, with analysts eyeing the $90 mark as the next key resistance zone. The 30-day movement of 8.27% suggests that buyers are stepping in aggressively on dips, reinforcing a strong uptrend. If the price can sustain a close above $86, it may open the door for a retest of the cyclical highs seen in previous years. However, investors should remain attentive to upcoming production reports from major miners like Kazatomprom and Cameco, which could introduce short-term volatility.
The post Uranium Price Today: AI Power Demand and Supply Deficits Fuel Rally appeared first on Carbon Credits.
The Lithium Price surged to a fresh two-year high today, closing at 170,999.81 CNY per tonne. This marks a significant 7.55% gain over the last seven days and extends a powerful year-to-date rally of 44.38%. After a prolonged period of consolidation, the battery metal has broken critical resistance levels, driven by a convergence of aggressive policy shifts in China and renewed supply constraints.
Lithium Price
Market Drivers for the Lithium Price Rally
The primary catalyst for this week’s 7.55% move is the sudden tightening of supply in China’s Jiangxi province. Authorities have canceled 27 mining permits in the hub as part of an environmental "anti-involution" campaign, effectively removing significant feedstock from the market. This supply shock coincided with Beijing’s announcement that export tax rebates for battery products will be cut from 9% to 6% starting in April. This policy shift has triggered a massive "front-running" effect, with manufacturers rushing to secure raw materials and export finished goods before the deadline.
Adding fuel to the fire, industry giant CATL reportedly placed a massive $17.2 billion order for cathode materials earlier this week. This demand signal has forced downstream players to cover spot positions aggressively, exacerbating the squeeze created by the Jiangxi permit cancellations.
Technical Outlook
Technically, the Lithium Price has staged a decisive breakout above the psychological 170,000 CNY level. The 30-day movement of 71.86% suggests the market is in a steep markup phase, fueled by short covering and panic buying. Momentum indicators are currently in overbought territory, but the fundamental supply deficits suggest support remains strong at the 155,000 CNY breakout zone. If the rally sustains, the next key resistance target lies near 200,000 CNY, a level not seen since the market began its correction two years ago.
The post Lithium Price Today: China’s Supply Crackdown and Tax Overhaul Fuel 7% Rally appeared first on Carbon Credits.
The Lithium price continued its explosive start to 2026, surging to 170,999.81 CNY per tonne on Friday. The battery metal has posted a remarkable 7.55% gain over the last seven days alone, extending a massive 71.86% rally over the past month. Year-to-date, lithium prices are up 44.38%, marking a definitive reversal from the surpluses that plagued the market in previous years.
Lithium Price
Market Drivers
Two primary factors are fueling the current rally: a surge in utility-scale energy storage demand and sudden supply constraints in China’s mining hubs.
- Energy Storage Demand Spike: While EV sales remain steady, the demand for lithium iron phosphate (LFP) batteries in energy storage systems (ESS) has outperformed expectations. Analysts forecast a 55% growth in ESS installations for 2026, driven by Beijing’s mandate to double EV charging capacity and grid storage infrastructure by 2027.
- Jiangxi Supply Crunch: On the supply side, Chinese authorities recently canceled 27 mining permits in the lithium hub of Jiangxi as part of an environmental crackdown. This follows the suspension of operations at CATL’s Jianxiawo mine, effectively removing significant monthly tonnage from the market just as downstream battery makers rush to restock ahead of reduced export rebates.
Technical Outlook
Technically, the Lithium price has decisively broken through the psychological resistance level of 150,000 CNY. The steep vertical ascent suggests intense buying pressure, likely exacerbated by short covering from traders who were positioned for a surplus. With the price now firmly establishing support above 160,000 CNY, market participants are eyeing the 200,000 CNY level as the next major target. However, the Relative Strength Index (RSI) indicates the metal is in overbought territory, suggesting potential volatility in the short term as the market digests these rapid gains.
The post Lithium Price Today: Energy Storage Boom and Supply Cuts Ignite 71% Rally appeared first on Carbon Credits.
Uranium Price Today: AI Power Demand and Supply Deficits Fuel Rally
Lithium Price Today: China’s Supply Crackdown and Tax Overhaul Fuel 7% Rally
Lithium Price Today: Energy Storage Boom and Supply Cuts Ignite 71% Rally
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