Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI

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Norma Field walks nether powerfulness lines coming disconnected of the atomic works connected Three Mile Island (TMI), with the operational works tally by Exelon Generation, successful Middletown, Pennsylvania.

Andrew Caballero-Reynolds | AFP | Getty Images

Constellation Energy plans to restart the Three Mile Island atomic works and volition merchantability the powerfulness to Microsoft, demonstrating the immense powerfulness needs of the tech assemblage arsenic they physique retired information centers to enactment artificial intelligence.

Constellation expects the Unit 1 reactor astatine Three Mile Island adjacent Middletown, Pennsylvania to travel backmost online successful 2028, taxable to support by the Nuclear Regulatory Commission, the institution announced Friday. Constellation besides plans to use to widen the plant's operations to astatine slightest 2054.

Constellation banal jumped astir 7% successful aboriginal trading.

Unit 1 ceased operations successful 2019 arsenic atomic powerfulness struggled struggled to vie economically with inexpensive earthy state and renewables. It is abstracted from the reactor that partially melted down successful 1979 successful the worst atomic mishap successful U.S. history.

Microsoft volition acquisition energy from the works to lucifer the vigor its information centers devour with carbon-free power. Constellation described the statement with Microsoft arsenic the largest powerfulness acquisition statement that the atomic works relation has ever signed.

Electricity request from information centers is expected to surge successful the coming decades arsenic the tech assemblage ramps up artificial intelligence, threatening to strain the electrical grid. While estimates vary, Goldman Sachs has forecast information centers volition devour 8% of full U.S. energy request by 2030, compared to 3% currently.

Power request is besides surging from the enlargement of home manufacturing and the adoption of electrical vehicles. Rystad Energy has forecast that information halfway and electrical vehicles unsocial volition adhd 290 terawatt hours of energy request by the extremity of the decade, equivalent to the full depletion of the federation of Turkey.

Tech companies are hunting for atomic powerfulness to conscionable that increasing energy request portion adhering to their clime goals.

In March, Amazon Web Services bought a information halfway field from Talen Energy Corporation that volition beryllium powered by the Susquehanna atomic plant, besides successful Pennsylvania, successful a first-of-its-kind deal. Oracle precocious said it is designing a information center that volition beryllium powered by three tiny atomic reactors.

There is increasing bipartisan enactment from the national and authorities governments to revive the atomic manufacture aft a decade-long question of reactor shutdowns.

Three Mile Island would beryllium the 2nd atomic works to restart operations successful U.S. history. The Palisades atomic plant successful Michigan would beryllium the first, with that works expected to instrumentality to work astatine the extremity of 2025.

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