The U.S. Department of Energy announced on Tuesday a loan of 1 billion dollars to support the resumption of operations at the Three Mile Island nuclear power plant, which will provide energy for Microsoft’s data centers. The loan aligns with the priorities of the Trump administration, including supporting nuclear energy. Constellation Energy, the owner of the operational reactor, will benefit from reduced financing costs to restart the plant, which can power approximately 800,000 households. The reactor has been shut down for five years, and Constellation announced last year a 1.6 billion dollar plan to restart it, under a 20-year agreement with Microsoft. The plant, located on the island in the Susquehanna River, was the site of the worst commercial nuclear accident in the U.S. in 1979. The resumption of operations comes in a favorable context for nuclear energy, amid rising energy demand and concerns about climate change.
Sources
Department of Energy loans $1 billion to help restart Pennsylvania's Three Mile Island nuclear reactor
Department of Energy loans $1 billion to help restart Pennsylvania's Three Mile Island nuclear reactor
Energy Department loans $1B to help finance the restart of nuclear reactor on Three Mile Island
Latest News
15:55
The European Commission brings together EU agencies and national authorities after attacks on refrigeration systems in stores
15:50
Transport Minister: Drivers will be able to travel on 13 kilometers of the A0 North, between Afumați and Glina, starting Wednesday
15:46
Dominic Fritz responds to Alice Weidel after she accused Romanian migrants
15:43
Nicuşor Dan promulgates the “Motorcyclists’ Law” / Motorcycles may use public transport lanes
15:38
A pensioner from the Republic of Moldova was sentenced to 14 years in prison in Russia for “treason against the motherland”
See more news