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
07:38
EHF EURO 2028: Defeat for Romania against Poland!
07:30
Minister of Justice, Radu Marinescu: “If we liked the spectacle of handcuffs, that would not represent Justice. I believe the president also said that there is no longer any need to see a spectacle, but rather to see concrete results”
07:18
The power line directly connecting the Republic of Moldova to the European grid has been opened / Maia Sandu: “No one can blackmail us anymore, turn off the lights, or shut off the heat”
23:05
Gheorghe Piperea (AUR) accuses Ciprian Ciucu of not allowing a protest to be organized for Călin Georgescu
22:54
Trump says it is unlikely that he will order new attacks on Iran if negotiations advance
See more news