Constellation Energy has a balanced strategy to generate power through our national fleet of plants, and to distribute power through our regulated Maryland utility, BGE, and through our national competitive supply business.
We will proceed with a strategy that capitalizes on a freer, more competitive market environment. Our business model expands our client base to nearly three dozen states and three Canadian provinces and strengthens our customer focus effort.
Our generation fleet is strategically located in deregulated markets across the country, is diversified by fuel type, including nuclear, coal, gas and renewable sources, and is positioned to become a top- quartile performer.
Our marketing and distribution businesses compete in both regulated and competitive markets. Through BGE we distribute power and gas safely and reliably to Maryland customers. Through several unregulated subsidiaries, we have become the nation’s largest competitive supplier of power to utility, municipal, commercial and industrial customers.
We will remain diversified between owned generation, contractual generation, regulated distribution and competitive supply. By maintaining a strict discipline in deployment of capital, we seek to take advantage of our market awareness and strong capital position by adding to our portfolio all along the value chain (at right). This focus will provide ample growth opportunities along with stable and predictable earnings, cash flow, and dividends to allow for superior total returns for our shareholders.
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THE ENERGY VALUE CHAIN
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Constellation Energy is an active participant in key parts of this value chain.
E & P
The exploration & production of oil, gas, coal and other fuels.
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Gas Transmission & Storage
For the most part, we contract with others for these services.
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Generation
Constellation Energy Power Generation & Development Group and Constellation Energy Nuclear Group
We own approximately 9,000 MW of electrical generating capacity.
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Wholesale Competitive Supply:
Marketing and Trading, Load Servicing
Constellation Energy Global Commodities Group
We sell power into the wholesale market, providing utilities, electric co-operatives, municipalities and power marketers reliable energy at predictable prices. We also manage fuel and power logistics and other energy services.
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Retail Competitive Supply:
Products and Services for Large Commercial and Industrial Customers
Constellation NewEnergy Power and Constellation NewEnergy Gas
Here we provide and procure power and natural gas for large commercial and industrial customers throughout the country at stable and predictable prices and help them manage their energy costs and usage.
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Transmission
BGE
Moving high volume power across long distances.
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Distribution
BGE
Delivering gas and electricity to homes and businesses in Central Maryland.
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Energy Consulting/ Management Services for Large Commercial and Industrial Customers
Constellation Energy Projects & Services Group
We provide consulting, energy management and risk management services.
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Mass Market Energy Services for Small Commercial, Residential Customers
BGE HOME
We provide energy-related services to homes and small businesses.
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