three mile island

Energy Secretary Chris Wright on April 22 announced the release of the third loan disbursement to Holtec for the reopening of the Palisades Nuclear Plant in Michigan.

Constellation Energy’s ambitious plan to restart the Three Mile Island Unit 1 as the Crane Clean Energy Center (CEC) is proceeding ahead of schedule, shooting for a 2028 start date, despite a new report that suggests Microsoft may be re-evaluating its data center strategy. Just five months after Constellation announced a landmark 20-year power purchase […]

TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy advanced nuclear reactors to power existing and future facilities. TerraPower on Jan. 21 said it will work with Sabey Data Centers (SDC) on “a strategic […]

Everywhere you turn these days people are talking about data centers and the enormous amount of electrical power they are expected to demand as artificial intelligence (AI) platforms scale up and become more

Nuclear power plants are still being dismantled, and the business of decommissioning remains strong, but the need for more baseload power and emissions-free generation has some companies ready to restart idled

Microsoft has announced a deal to restart the Three Mile Island nuclear power plant in Pennsylvania. It’s the latest move by a technology company to use nuclear power to provide electricity for energy-intensive data centers and support the use of artificial intelligence (AI). The agreement announced September 20, if approved by regulators, would allow Microsoft […]

If you were alive and living in the U.S. during the 1970s, you probably remember waiting in long lines to fill your car with fuel. Yet, gasoline wasn’t the only item in short supply during the “Me Decade”—natural gas was seemingly running out and electricity demand was growing so much that new power plants were […]

SALT LAKE CITY, Oct. 15, 2019 — EnergySolutions, Inc. has signed a contract with FirstEnergy Corp. subsidiaries GPU Nuclear, Inc., Metropolitan Edison Company, Jersey Central Power & Light Company, and Pennsylvania Electric Company to acquire all licenses and assets of Unit-2 at the Three Mile Island Nuclear Generating Station (TMI-2) located near Middletown, Pennsylvania. Under […]

Power generation from natural gas is expected to rise in Pennsylvania over the next few years, according to the state Public Utility Commission’s (PUC’s) annual report on generation and transmission and distribution capacity released in late August. The PUC’s “Electric Power Outlook for Pennsylvania 2018-2023” report made public last week projects gas-fired power generation will […]

CHARLOTTE, N.C., July 23, 2019 (GLOBE NEWSWIRE) — EnergySolutions, Inc. announced today it has signed a term sheet with GPU Nuclear, a subsidiary of FirstEnergy, to negotiate the asset transfer of Unit-2 of the Three Mile Island Nuclear Generating Station (TMI-2) located near Middletown, Pennsylvania.  Unit-2 has been in a safe and stable storage condition […]