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
20:07
Romania could host a NATO command on the Black Sea starting in 2028, as part of a joint structure with Bulgaria and Turkey
20:04
The Ministry of National Defence detected an aerial target near Snake Island / Two F-16 aircraft monitored the situation
19:54
A man from Tulcea allegedly sold images of minors online and was detained by DIICOT prosecutors
19:51
President Nicușor Dan and his Bulgarian counterpart, Iliana Iotova, call for stronger measures against drones following attacks on commercial vessels in the Black Sea
19:49
Ludovic Orban criticizes the future Niculescu Government and hopes the PNL will not vote for it in Parliament
See more news