Ceres: New benchmarking report finds carbon emissions from the U.S. power sector saw an accelerated downward trend in 2023 [Yahoo! Finance]
Constellation Energy Corporation (CEG)
Company Research
Source: Yahoo! Finance
While this decrease is a significant improvement over the marginal reduction of less than 1% in carbon emissions in 2022, 2023 emissions were only 2% lower than 2020 levels due to a surge in natural gas generation. The analysis, Benchmarking Air Emissions of the 100 Largest Electric Power Producers in the United States , now in its 20th edition, examines and compares the air pollutant emissions based on 2023 power generation, plant ownership, and emissions data. These 100 producers own approximately 3,900 power plants and account for nearly 80% of the sector's electric generation and reported air emissions. The report found that in 2023, the U.S. power sector continued shifting toward pre-COVID trends associated with zero-emitting generation growth and the decline of coal production. However, natural gas was responsible for more electricity generation in 2023 than any preceding year and fossil sources were responsible for nearly 60% of generation. Coal generation declined to its
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CEG
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- 11/4/24 - Beat
CEG
Sec Filings
- 12/20/24 - Form 3
- 12/20/24 - Form 3
- 12/18/24 - Form 11-K/A
- CEG's page on the SEC website