Constellation Energy Corp. says it has signed a 20-year agreement with Microsoft under which the technology company will purchase power from Three Mile Island Unit 1.
said Friday that it has signed a 20-year agreement with Microsoft under which the technology company will purchase power from Three Mile Island Unit 1. That reactor is located at an independent facility from Unit 2, which closed in 1979Constellation said it would spend $1.6 billion to restart Unit 1 — and won’t seek any public subsidies — which the company said “operated at industry-leading levels of safety and reliability for decades.
For Microsoft, buying energy from the renewed plant, dubbed the Crane Clean Energy Center, will “help match the power its data centers in PJM use with carbon-free energy,” according to a news release. Valley Forge-basedlegislation that would have directed hundreds of millions of dollars in subsidies Dominguez said multiple factors have contributed to a changing landscape for the nuclear industry since the Three Mile Island reactor closed five years ago. In addition to reliability questions with regard to wind and solar, he pointed toin 2022, Russia’s war in Ukraine, and the pandemic. “We saw this effort … to bring in and onshore a lot of critical supply,” he said.
Shapiro, a first-term Democrat, said in a statement that the facility “will safely utilize existing infrastructure to sustain and expand nuclear power in the commonwealth while creating thousands of energy jobs and strengthening Pennsylvania’s legacy as a national energy leader.”, according to the state Department of Environmental Protection. Constellation, which is publicly traded, owns Limerick Generating Station in Montgomery County and Peach Bottom Atomic Power Station in York County.
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