The owner of the shuttered Three Mile Island nuclear power plant says it plans to restart the reactor under a 20-year agreement that calls for tech giant Microsoft to buy the power to supply its data centers.
The owner of the shuttered Three Mile Island nuclear power plant said Friday that it plans to restart the reactor under a 20-year agreement that calls for tech giant Microsoft to buy the power to supply its data centers with carbon-free energy.The announcement by Constellation Energy comes five years after its then-parent company Exelon shut down the plant, saying it was losing money and that Pennsylvania lawmakers had refused to subsidize it.
The business model of the Constellation-Microsoft agreement makes sense for both sides, Buongiorno said. Plus, it is cheaper to restart a nuclear power plant than build one from scratch, he said. Already intact are transmission lines, cooling towers, the control buildings and concrete containment structures, he said.
Pa News Environment Technology Artificial Intelligence Technology
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A new life is proposed for Three Mile Island supplying power to Microsoft data centersThe owner of the shuttered Three Mile Island nuclear power plant says it plans to restart the reactor under a 20-year agreement that calls for tech giant Microsoft to buy the power to supply its data centers.
Read more »
U.S. nuclear plant Three Mile Island to reopen, sell power to MicrosoftThe firm announced the 20-year deal would involve the restart of the plant's Unit 1 reactor, which was shut down half a decade ago.
Read more »
New life proposed for Three Mile Island supplying power to MicrosoftThe owner of the shuttered Three Mile Island nuclear power plant says it plans to restart the reactor under a 20-year agreement that calls for tech giant Microsoft to buy the power to supply its data centers. Friday's announcement by Constellation Energy comes five years after its then-parent company shut down the plant, saying it was losing money.
Read more »
This power company has outpaced Nvidia, could ink next nuclear deal after Three Mile IslandThe Three Mile Island restart demonstrates the growing financial opportunity that nuclear power represents for utilities and their investors.
Read more »
Three Mile Island nuclear plant will reopen to power Microsoft data centersThree Mile Island, the Pennsylvania power plant that was the scene of the worst commercial nuclear accident in American history, will reopen and sell power to Microsoft.
Read more »
Three Mile Island is reopening and selling its power to MicrosoftThree Mile Island, the site of worst nuclear disaster in the United States, is reopening and will sell the power to Microsoft for its AI efforts.
Read more »