The Mega Power. Constellation is acquiring Calpine for $16billion to create a portfolio of 60GW and adds quite a bit of thermal power to Constellation’s fleet. There’s an expectation that regulators will want some divestiture to limit concentration but with the demand for power, regulators will likely also be sensitive to the pushback on anything limiting power generation.
- Utility Dive: Constellation’s $16.4B purchase of Calpine would create largest US power generator
- Bloomberg: In Hottest Year Ever, US Homes Used a Record Amount of Power to Keep Cool
- Axios: Climate change plays key contributing role in LA fires
- Solar Power World: Scale Microgrids acquired by investment firm
- NPR: People are rushing to install solar panels before Trump becomes President
- PV-Tech: The top 10 PV module suppliers in 2024
- Renewable Energy World: Polysilicon is back on the menu – Feds award Michigan company $325M for new factory
- Canary Media: Chart – 96 percent of new US power capacity was carbon-free in 2024
- PV-Magazine: The impact of wildfires on PV power generation
Opinion
Best, Yann