Matthew: Constellation CEO says current power prices cannot support new gas plants
Shanu Matthew · Who benefits from the AI power bottleneck? · Dec 4, 2025 · at 28:29
Lazard's Shanu Matthew discusses with Shail Khan how independent power producers (IPPs) are incentivized to message against building new capacity to protect wholesale power pricing.
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“If you look at the, like the last two earnings calls, right, you have the folks like the CEO of constellation talking about the fact that, you know, energy prices actually aren't supportive of building new gas plants, which may or may not be true.”
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