At Barron's Constellation CEO: 'We Produce Enough Energy to Power Mexico'
4 snips
Jan 22, 2026 
Joe Dominguez, president and CEO of Constellation Energy, leads a major U.S. power producer with nuclear, gas, geothermal and renewables. He discusses the Calpine acquisition and integration. He talks scale and the company’s energy mix. He covers hyperscaler demand, grid reliability, procurement proposals, and long-term contracting for big data center customers.
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Real Costs And Scale Dynamics
- New natural gas combined-cycle plants run around $2,500 per kW and cost billions; nuclear costs can be much higher but scale reduces costs.
- Longer nuclear build programs could drive construction efficiencies and lower unit costs.
EV Growth Is Steady Despite Headwinds
- EV adoption slowed in the U.S. after tax credit changes but shows steady long-term growth.
- Dominguez notes EV owners tend to buy EVs again and range anxiety remains a U.S. hurdle.
Limits Of Long-Distance Power Grids
- Long-distance bulk electricity transmission suffers heat losses, limiting practical transfer distances.
- Clean energy carriers like hydrogen or ammonia can transport clean energy across continents instead.