Joseph Dominguez

Dominguez explicitly stated that Constellation is investing billions to secure and upgrade its existing nuclear fleet, increase output equivalent to 6-7 new plants, and build new nuclear units to capitalize on growing data center and AI demand. Data center construction is shifting to the U.S. due to Middle East geopolitical risks, increasing electricity demand, and nuclear power is socially accepted and critical for reliable, low-carbon energy. Constellation is strategically positioned to benefit from this trend through enhanced revenue from electricity sales and grid utilization, driven by active investments and market opportunities. A slowdown in data center capital expenditures or failures in managing peak electricity demand could reduce expected benefits.