Constellation Energy’s R. E. Ginna Nuclear Power Plant Completes Milestone Refueling Outage

Constellation Energy (NYSE:CEG) today announced that its R. E. Ginna Nuclear Power Plant in Ontario, N.Y., has completed a scheduled refueling outage. During the refueling outage, Ginna became the third nuclear power plant in the United States to enter its licensed period of extended operations.

The refueling outage was completed in 20 days and 29 minutes -- the shortest duration on record for Ginna. The previous best was achieved in the spring of 2008 when Ginna performed its refueling outage in 20 days and 22 hours. Shorter refueling outages and longer operating cycles benefit the consumer by optimizing nuclear energy’s benefits as a reliable source of emissions-free electricity.

“Safe and reliable plant operation is achieved through our commitment to continuous improvement,” said John Carlin, Ginna site vice president. “Constellation Energy employees at Ginna, across our generation fleet and teammates from outside the company all deserve to share in the credit for our strong performance during this refueling outage.”

Ginna passed a major milestone while refueling. At midnight on Sept. 18, 2009, Ginna’s original operating license, granted Sept. 18, 1969 by the U.S. Nuclear Regulatory Commission, was set to expire, but that license was renewed in 2004; therefore, the plant entered the period of licensed extended operation under its renewed license. In 2002, Ginna applied for, and was later granted, an extended operating license for another 20 years.

“Throughout the history of the plant, we have continuously improved processes and performance, all the while focused on maintaining our exceptional record of providing safe, reliable, emissions-free electricity,” said Carlin. “Nothing less will suffice.”

Constellation Energy (www.constellation.com) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located throughout the United States, totaling more than 9,100 megawatts of generating capacity, and is among the leaders pursuing the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $19.8 billion in 2008.

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