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News & Events
Constellation NewEnergys Clem Palevich is Featured Guest on NECNs CEO Corner:
10/05/2004
NewEnergy CEO discusses impact of escalating oil prices and how his company is helping business customers realize the benefits of retail competitive energy markets. NewEnergys Clem Palevich is Featured Guest on NECNs CEO Corner New England Cable News CEO Corner's Maryanne Kane is joined by Clem Palevich, Chief Executive Officer of Constellation NewEnergy, to discuss what exactly the impact of $50 per barrel oil has on the economy and business and consumer budgets. To hear the clip, visit NECN CEO Corners web site and play the Oil & Economy video at http://www.boston.com/news/necn/Shows/ceo_corner/ [7:00]* *Partial interview; full interview available by request. NECN is a leading news channel in New England and has more than 3 million subscribers. CEO Corner gives viewers a unique opportunity to hear from the region's CEOs and business leaders as they discuss the issues and opportunities facing regional industries and companies. Constellation NewEnergy, a member of Constellation Energy (NYSE: CEG), is a leading competitive supplier of electricity, natural gas and energy related services to commercial and industrial customers throughout North America. Constellation NewEnergy operates in all competitive energy markets throughout Canada and the United States, providing products that enable customers to effectively manage and control energy costs. Constellation NewEnergy's regional expertise coupled with its national presence provide customers with customized energy products and services while leveraging the assets of one of the strongest integrated energy companies in North America. Constellation NewEnergy, based in Baltimore, serves more than 8,000 commercial and industrial customers throughout 31 states and 3 Canadian provinces representing more than 12,000 megawatts of peak load and more than 300 billion cubic feet of annual natural gas consumption. Constellation Energy, a FORTUNE 200 company based in Baltimore, 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 more than 100 generating units located throughout the United States, totaling approximately 12,000 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. In 2004, the combined revenues of the integrated energy company totaled $12.5 billion. |
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