Constellation Energy Market Performance slide image

Constellation Energy Market Performance

Best-in-Class Nuclear Operations Resulting in More Carbon-Free Energy Nuclear Capacity Factor (%) (1,2,3) Industry Average Average Nuclear Refueling Outage Days (3,5) Industry Average Ranking Among Major Operators (4) Ranking Among Major 94.1% 90.5% 94.6% 90.8% 95.7% 91.7% 95.4% 94.3% Operators (2-Yr) (4) 34 35 36 34 90.8% 2020 1 2020 1 2019 1 23 21 21 22 222 2019 1 22 2018 1 2018 1 2017 1 2017 2 2016 1 2016 1 2017 2018 2019 2020 2021E 2017 2018 2019 2020 2021 Nuclear Composite Operational Excellence (6) (Total of Rankings of 14 Indicators) Average Cost ($/ MWh) (7) Industry Average Industry Average 91.3% 84.9% 84.9% Ranking Among Major Operators (4) 78.6% 56.3% 56.2% iiiii 73.0% $36 2020 1 $34 55.9% 55.8% 55.9% $34 2019 1 $32 $30 $29 2018 2 2017 1 2016 1 2016 2017 2018 2019 2020 2015 2016 2017 2018 2019 2020 Source: Constellation's internal benchmarking report (1) (2) (3) Reflects Constellation's ownership share of CENG and other partially-owned units. Includes 100% ownership of CENG following closure of EDF Put on August 6, 2021. 2021 reflects projected production and capacity factor as of November 30, 2021; 2021 Industry Averages were not available at the time of publication Excludes Salem. Includes FitzPatrick beginning in April 2017 for Capacity Factor and in 2018 for Refueling Outage Days. Constellation and Industry averages reflect Oyster Creek and TMI partial year operation in 2018 and 2019, respectively. (4) (5) Major nuclear operator is defined as one entity responsible for the operation of at least two sites and comprising of at least four units Refueling outage values are not ownership adjusted 12 (6) (7) Composite Operational Excellence Metric consisting of 14 indicators in Production, Cost, and Safety. Value represents the percentage of the maximum available score by ranking of Major Operators across the 14 indicators. Total Generating Cost ($/MWh) is Fuel Expense, Capital and Total Operating & Maintenance Cost divided by generation output Constellation.
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