It has been a rocky few years for the Baltimore Gas & Electric Co. Continuing difficulties at its Calvert Cliffs nuclear plant strained the utility's electric-generating capacity and raised troubling questions about the company's management ability. Those concerns are fast fading. BG&E is on the rebound, and suddenly the future looks bright.
Both units at Calvert Cliffs now are back in business, running at full speed. Additionally, the company's new coal-fired plant at Brandon Shores is churning out 640 megawatts of electricity -- enough to power 6.4 million 100-watt light bulbs. The result is a reserve capacity well above 20 percent -- more than enough to handle peak demands during these swelteringly hot summer days.
Still, BG&E remains on the Nuclear Regulatory Commission's "watch" list because of its past management and safety problems at Calvert Cliffs. The panel heard an encouraging staff report in late June on BG&E's progress but decided to continue close monitoring of the utility's nuclear plant. A $30 million