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Constellation Energy's Nine Mile Point Nuclear Station Completes Refueling Outage

    OSWEGO, N.Y., April 18 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE: CEG) today announced that its Nine Mile Point Nuclear Station in
Oswego, N.Y. completed its scheduled Unit 2 refueling outage at 1:43 a.m.,
April 17, 2008. The refueling outage duration was 27 days.

    "The completion of this outage is an investment in generation
reliability, as well as part of our commitment to continued safe
operation," said Keith Polson, vice president, Nine Mile Point Nuclear
Station. "A great deal of planning and preparation went into this effort.
It is a milestone achievement for the site."

    More than a year of in-depth planning and preparation set the stage for
the successful refueling outage. During the outage, employees of Nine Mile
Point and other Constellation Energy organizations, as well as specialized
contractors, teamed to execute the work with a relentless focus on safety.

    Refueling and maintenance activities completed during the outage
included inspections, upgrades and routine replacement of equipment such as
motors, valves and seals. In addition, Constellation Energy completed
several projects that contribute to the long-term viability of the station,
including upgrades to the fire detection system and modifications to
support the planned power uprate at Unit 2.

    As one of the nation's premier nuclear power plant owners and
operators, Constellation Energy is demonstrating that nuclear power is
reliable, cost-effective and environmentally friendly. Constellation Energy
continuously works to safely improve production at its five operating
nuclear units, which produced 60.9 percent of the power the company
generated in 2007. Refueling outages are a key opportunity to ensure
equipment reliability and, in turn, capability factor-a plant's ability to
stay on-line and produce electricity. According to performance indicators
compiled by the World Association of Nuclear Operators, the median unit
capability factor for 104 reactors in 31 states reached 91.5 percent in
2007. The report, which can be found on the Nuclear Energy Institute's web
site, notes that the entire industry is making strides in both safety and
operating excellence.

    Constellation Energy (http://www.constellation.com), a FORTUNE 125
company with 2007 revenues of $21 billion, is the nation's largest
competitive supplier of electricity to large commercial and industrial
customers and the nation's largest wholesale power seller. Constellation
Energy also manages fuels and energy services on behalf of energy intensive
industries and utilities. It owns a diversified fleet of 78 generating
units located throughout the United States, totaling approximately 8,700
megawatts of generating capacity. The company delivers electricity and
natural gas through the Baltimore Gas and Electric Company (BGE), its
regulated utility in Central Maryland.



SOURCE Constellation Energy




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    CONTACT:
    Jill Lyon of Constellation Energy,
    +1-315-349-5221