euroindia February 12, 2023 0 Comments

Constellation Energy Corp. plans to build a $900 million hydrogen production facility in the Midwest that would combine new nuclear and green hydrogen generation tax credits to create material long-term cash flow. Constellation’s first commercial-scale facility will use 250 MW of nuclear power to produce about 33,450 tonnes of hydrogen annually, with the option to expand to 400 MW, according to CFO Daniel Eggers. The company aims to sell 90% of production to on-site customers through off-take agreements.

 

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