The company's nuclear units are eligible for a Production Tax Credit (PTC) extending through 2032. The nuclear PTC provides a transferable credit up to $15 per MWh. The company has estimated $408 million and $712 million in operating revenues for the three and six months ended June 30, 2024, respectively, related to this program.

The Board of Directors approved a $1 billion increase to the share repurchase program, authorizing up to $3 billion in total repurchases. As of the date of filing, approximately $991 million of authority remained.

A settlement agreement was reached regarding the purchase of a 44% ownership interest in the South Texas Project. The terms include selling a 2% ownership interest to CPS, resulting in a 42% ownership interest for both Constellation and CPS. Closing is expected within the next year.

As of June 30, 2024, the company is in compliance with all debt covenants, indicating effective management of its financial obligations.

The principal executive officer and principal financial officer concluded that the company's disclosure controls and procedures were effective to accomplish their objectives.

There were no changes in internal control over financial reporting that occurred during the second quarter of 2024 that have materially affected, or are reasonably likely to materially affect, any of the company's internal control over financial reporting.

The ongoing conflict poses risks to the company's nuclear fuel supply and enrichment activities, as well as the potential for Russia to limit energy deliveries. The company is monitoring the situation closely and has entered into contracts to increase the size of its nuclear fuel inventory.

The company is evaluating the market impacts of the EPA's final rule regulating greenhouse gases from power plants, and the outcome of the ongoing litigation regarding the Good Neighbor Rule. These regulations could have a material impact on the company's operations.

The company is exposed to credit risk related to the potential non-performance of counterparties on executed derivative instruments. If the company were to lose its investment grade credit rating, it would be required to post additional collateral.

The company operates in five reportable segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions, indicating a diversified market presence.

The company's generating capacity includes primarily nuclear, wind, solar, natural gas, and hydroelectric assets, positioning it favorably in the growing market for clean energy.

The company's integrated business operations allow it to sell a variety of energy products and services to a diverse customer base, including distribution utilities, municipalities, cooperatives, and commercial, industrial, governmental, and residential customers.

Operating and maintenance expenses for the three months ended June 30, 2024 were $1,645 million, compared to $1,477 million for the same period in 2023. For the six months ended June 30, 2024, operating and maintenance expenses were $3,131 million, compared to $2,908 million in 2023. This increase is primarily due to higher labor, contracting, and materials costs.

The nuclear fleet capacity factor for the three months ended June 30, 2024 was 95.4%, compared to 92.4% for the same period in 2023. For the six months ended June 30, 2024, the nuclear fleet capacity factor was 94.4%, compared to 92.6% in 2023, indicating efficient operation of nuclear facilities.

Purchased power and fuel expenses for the three months ended June 30, 2024 were $2,292 million, compared to $2,887 million for the same period in 2023. For the six months ended June 30, 2024, purchased power and fuel expenses were $5,709 million, compared to $8,616 million in 2023.

The company's generating capacity includes primarily nuclear, wind, solar, natural gas, and hydroelectric assets, indicating a focus on clean energy technologies.

The company is implementing a new enterprise resource planning (ERP) system, indicating a commitment to improving its technological capabilities.

The company is monitoring emerging technologies, indicating a commitment to staying abreast of technological advancements in the energy sector.

The Board of Directors approved a $1 billion increase to the share repurchase program, authorizing up to $3 billion in total repurchases, indicating a focus on returning capital to shareholders.

The company is investing in its nuclear fleet to take advantage of the Production Tax Credit (PTC) program, indicating a focus on long-term growth and profitability.

The company is making capital expenditures to maintain its operations, indicating a commitment to maintaining its existing infrastructure.

The company's generating capacity includes primarily nuclear, wind, solar, natural gas, and hydroelectric assets, indicating a focus on clean energy production.

The company is monitoring environmental regulations, indicating a commitment to complying with environmental laws.

The company is committed to safe operations, as evidenced by its focus on maintaining high nuclear fleet capacity factors and its monitoring of mine safety disclosures.

The company operates in five reportable segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions, indicating a diversified market presence.

The company is exposed to market fluctuations in the prices of electricity, natural gas, and other commodities, indicating a need for effective risk management strategies.

The company's operations are impacted by weather conditions, indicating a need for effective planning and risk management.