Constellation Energy Applies Energy Conservation Expertise to Economic Stimulus Projects
Rhode Island Municipality Selects Constellation Energy's Projects & Services Group to Design Energy Efficiency Initiative for DOE Block Grant Program
BALTIMORE, Jul 02, 2009 (BUSINESS WIRE) -- Constellation Energy (NYSE:CEG) announced today that its subsidiary, Constellation Energy's Projects & Services Group, was selected by the city of Cranston, Rhode Island to develop the city's proposal to the Department of Energy's (DOE) municipal energy efficiency and conservation block grant program. Under the energy efficiency and conservation block grant program, municipalities like Cranston demonstrate how proposed strategies and projects will create energy savings, reduce greenhouse gas emissions, utilize renewable energy, and result in the creation of jobs.
"Our goal is to create strategies to improve our community's long-term energy efficiency in a way that benefits Rhode Island's economy in the near term," said city of Cranston Mayor Allan Fung. "We are working with Constellation Energy's Projects and Services Group to identify projects that will deliver both sustainability and economic value."
Some of the projects that Cranston will be considering as part of the proposal include energy retrofits for governmental buildings--installing energy efficient lighting, upgrades to heating and air conditioning systems, and improving building insulation--as well as deploying solar and geothermal systems.
"Constellation Energy's Projects & Services Group has a portfolio of more than 4,000 energy efficiency projects in New England and throughout the U.S. and more than 25 years of experience in doing exactly the types of projects called for by the DOE block grant program," said Marc Aronson, business development manager for Constellation Energy's Projects & Services Group. "We've been working with the city of Cranston to develop a successful energy efficiency conservation strategy that not only meets the DOE program goals, but also leverages these block grant funds into a sustainable energy program that will serve the city for many years."
Constellation Energy's Projects & Services Group is currently working on a number of stimulus initiatives, including energy efficiency and conservation projects for the U.S. Naval Academy and U.S. Army.
Constellation Energy's Projects & Services Group (www.ceprojects.com) is the energy services arm of Constellation Energy, a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. Serving business and institutional customers nationwide, Constellation Energy's Projects & Services Group specializes in financial and environmental solutions that can significantly reduce energy consumption and costs. Constellation Energy's Projects & Services Group delivers the technical expertise to develop large scale energy projects, such as solar, biomass and geothermal projects, and on- or off-site power generation systems. The company also designs and implements full energy system retrofits that save energy and reduce harmful emissions.
About Constellation Energy
Constellation Energy (www.constellation.com) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located throughout the United States, totaling approximately 9,000 megawatts of generating capacity, and is among the leaders pursuing the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $19.8 billion in 2008.
SOURCE: Constellation Energy
Constellation Energy
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