NEWS
By Frank D. Roylance | September 18, 2009
The debate over Constellation Energy Group's proposal to sell almost half of its nuclear power business to a French-owned utility continued Thursday night in Baltimore. Supporters and opponents of the deal both claimed to represent the best interests of Maryland's financial, energy and environmental future. Employees of Constellation and its subsidiary, Baltimore Gas and Electric Co., filled at least a third of the seats in the room and applauded heartily as their speakers argued that the $4.5 billion deal would ensure the future health and growth of the company and its value as a corporate citizen of Maryland.
NEWS
February 13, 2009
EDF to sell assets to make up for 2008 earnings drop Electricite de France SA, Europe's biggest power producer and a nuclear energy partner with Baltimore's Constellation Energy Group, will sell assets to cut debt after 2008 earnings declined, and it missed estimates on costs associated with regulated power rates. Paris-based EDF will focus on cutting net financial debt by almost $7 million over this year and next after two acquisitions in the past six months. It agreed in December to buy half of Constellation's nuclear energy business for $4.5 billion.
NEWS
By Robert Little | December 18, 2008
The deal that rescued Constellation Energy Group Inc. yesterday from extinction, ensuring for now a Baltimore future for one of the city's major corporate headquarters, will also lead to the arrival of a new corporation in Maryland with plans to foster an American "renaissance" in the development of nuclear power. Electricite de France, the French utility giant that agreed to a $4.5 billion partnership with Constellation, said it plans to move its American headquarters to Maryland to lead its expansion into U.S. energy markets.
NEWS
By David Nitkin | October 19, 2008
From the marshy fringe of the Chesapeake Bay to the flat farms of the Eastern Shore, Marylanders are pondering how to harness energy and reduce damage to their land while getting it. The discussion has permeated the contest for president, with John McCain and Barack Obama talking of lessening the nation's dependence on foreign oil and minimizing heat-trapping greenhouse gases formed when fossil fuels are burned. As candidates trade proposals, Marylanders such as Donald Graf, an engineer who has designed nuclear power systems throughout his adult life, and Eric Stocker, who struggles to prevent waste from his Eastern Shore farm from flushing into nearby streams, are attuned.
NEWS
October 17, 2008
NextGen to acquire Md. health data firm Hunt Valley-based Practice Management Partners, which manages billing and technology for health care providers, will be acquired by NextGen Healthcare Information Systems Inc. for an undisclosed amount, the companies said yesterday. Horsham, Pa.-based NextGen, a health information technology company, said it has entered into an agreement to acquire PMP, which has 200 employees and about $16 million in annual revenue. PMP was founded in 2001 and handles physician billing and collection for hundreds of physician groups, hospitals, health systems and clinics in the Mid-Atlantic region.
NEWS
March 10, 2008
Clarification The letter "Extravagant gown insults ratepayers" (March 10) failed to note that the $25,000 Molly Shattuck paid to have designer Christian Siriano create a dress for her will go to benefit the Baltimore School for the Arts. Efficiency is a better energy choice Using Maryland's energy crisis as an excuse to build a new nuclear plant in the state is hopelessly off the mark ("The energy answer," Opinion Commentary, March 4). It is true that if trends continue, Maryland could see blackouts as early as 2011.
NEWS
By Jack Spencer and Nicolas Loris | March 4, 2008
Maryland's Allegheny Energy recently mailed two compact fluorescent light bulbs to each of its customers. Imagine the indignation when those customers noticed a $12 charge for the unsolicited mailing. Despite promises that the bulbs would save money, help the environment and prevent blackouts, Allegheny's customers were peeved. They wrote letters to editors and lit fires under local politicians. Allegheny relented and agreed to pay for the bulbs. Why was a power company compelled to pull a stunt that predictably raised the ire of its customers?
NEWS
By Paul Adams | November 16, 2007
Baltimore-based Constellation Energy Group's nuclear development arm said yesterday that it has asked state regulators for a permit to build a third reactor at Calvert Cliffs in Lusby, though the company maintains it has not yet decided to go ahead with the project. UniStar Nuclear Energy, a joint venture between Constellation and Electricite de France SA, applied to the Maryland Public Service Commission for what's called a certificate of public convenience and necessity. The PSC will coordinate a multiagency review of the project's potential impact on the environment and state infrastructure, among other things.
NEWS
By TOM PELTON | November 11, 2007
The coal-fired power plants that Americans rely on to turn on their lights emit 100 times more radiation than nuclear power plants. As it turns out, coal, like uranium, is radioactive. And burning coal spews radionuclides into the atmosphere. But it's not a dangerous amount. After all, the amount of radiation the average person receives from nuclear plants every year is about as much as he or she gets from eating a banana. Tap water is also slightly radioactive. So are our own bodies and the walls of our homes.
NEWS
By Paul Adams | October 27, 2007
Faced with the competing threats of global warming and a looming energy shortfall, federal regulators are contemplating whether another 20 years of service can be squeezed out of the nation's aging nuclear power plants without compromising safety. Many say they believe that the 104 nuclear reactors operating in the U.S. will be forced to retire faster than industry can replace them, unless regulators act to extend their lives to 80 years from the current 60-year maximum. The discussion is of particular interest in Maryland, where Constellation Energy Group owns two aging nuclear reactors and is considering whether to build a third to meet the state's growing energy needs.