A glimmer of light for Calvert Cliffs 3

According to the news today, EDF is interested in trying to build the Calvert Cliffs 3 nuclear unit without partnering with Constellation Energy, and they initiated negotiations on that basis. The problem now is that Constellation appears to want to hold their feet to the fire (figuratively speaking) and force them to buy some coal plants that were part of the bail-out plan agreed to a couple of years ago, when Constellation was in dire straits. EDF insists that Constellation isn't in the bad shape it was two years ago, so they shouldn't need to sell the plants now, but Constellation (I smell a bottom-liner or two working on this) appears to be insistent.

If I was in charge and not just someone who assists the cause occasionally, I'd tell Constellation that they should save face and also establish a foundation for the renewal of the U.S. nuclear industry by letting EDF off the proverbial hook and negotiating an agreement. For one thing, Maryland needs the juice, and for another thing, the U.S. needs nuclear power. I'd not let this thing die gasping for air like a dying fish on a Chesapeake beach (pardon the metaphor).

EDF seeks to modify Constellation partnership

Constellation partner EDF wants to go forward with third Calvert Cliffs reactor