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Article: Md. Public Service Commission hears both sides on Constellation Energy deal
- Article from:
- The Daily Record (Baltimore)
- Article date:
- September 4, 2009
- Author:
CopyrightCopyright 2009 The Daily Record (Baltimore). Provided by ProQuest LLC. (Hide copyright information)
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Marylanders spoke passionately for and against the nuclear deal
between Constellation Energy Group Inc. and a French energy firm at
a packed public hearing before regulators.
The Public Service Commission held the Wednesday night event, the
first of three designed to give citizens a voice on Constellation's
pending deal to sell nearly half its nuclear business to Electricite
de France. The PSC's review of the $4.5 billion joint venture will
determine if it is in the public interest.
Some Calvert County residents said they vehemently oppose the
deal, which could see a third nuclear reactor built there. But
business groups and unions advocated for its approval, saying it
would clearly benefit ...