Saturday, 18 January 2025

Focus on Constellation Energy

FILE PHOTO: The Three Mile Island Nuclear power plant is pictured from Royalton, Pennsylvania, U.S. May 30, 2017.   REUTERS/Carlo Allegri/File Photo
AnalysisBusinessElectricityIn-DepthNuclear PowerRegulations

Analysis: US nuclear plants won’t power up Big Tech’s AI ambitions right away

Big tech firms should be wary of seeing nuclear as a quick fix to power problems, as regulatory hurdles and technical challenges loom...

FILE PHOTO: The Three Mile Island Nuclear power plant is pictured from Royalton, Pennsylvania, U.S. May 30, 2017.   REUTERS/Carlo Allegri/File Photo
ElectricityNewsNuclear PowerRegulations

Microsoft may pay Constellation premium in Three Mile Island power agreement, Jefferies says

Microsoft is expected to pay a premium for a power deal with Constellation to help restart the Three Mile Island plant.

FILE PHOTO: The Three Mile Island Nuclear power plant is pictured from Royalton, Pennsylvania, U.S. May 30, 2017.   REUTERS/Carlo Allegri/File Photo
BusinessElectricityNewsNuclear PowerRegulations

US nuclear regulator has not gotten application for Three Mile Island restart

Despite deal between Microsoft and Constellation, no application for restarting Three Mile Island has been received.

News Release

Constellation to Launch Crane Clean Energy Center, Restoring Jobs and Carbon-Free Power to The Grid

Constellation signs its largest-ever power purchase agreement with Microsoft, a deal that will restore TMI Unit 1 to service and keep it online...

The 1979 partial meltdown of Unit 2 at Three Mile Island caused panic in the United States and brought the deployment of nuclear energy to a standstill for a generation (AFP)
ElectricityInfrastructureNewsNuclear PowerUtilities

US nuclear plant Three Mile Island to reopen to power Microsoft

The 20-year agreement involves restarting Unit 1, which "operated at industry-leading levels of safety and reliability for decades."

News Release

Constellation’s Clean Energy Centers Faced Climate Crisis Head-On with Near Full Power Summer Performance

Fleet of 21 nuclear reactors generates enough carbon-free electricity to power the equivalent of nearly 15 million homes BALTIMORE (Sept. 18, 2024) — As...

News Release

Ann Davlin Appointed CEO of Cleantech Leaders Roundtable

NEW YORK--(BUSINESS WIRE)--The Cleantech Leaders Roundtable (CTLR) announced today that Ann Davlin has been appointed as its new Chief Executive Officer. Davlin brings...

Ontario is selling itself as the nuclear North Star to guide the direction of American power as the United States looks to de-carbonize amid ever-increasing demand for energy.Stephen Lecce delivers remarks at Lakeshore Collegiate Institute in Toronto, on Thursday, Aug. 31, 2023. THE CANADIAN PRESS/Spencer Colby
AnalysisElectricityNuclear PowerSmall Modular ReactorsUtilities

Building the blueprint: Ontario moves to shape Canada’s nuclear energy future

Ontario positions itself as a leader in nuclear energy, aiming to partner with the U.S. to drive clean energy and decarbonization.

News Release

Constellation Energy Corporation Declares Dividend

BALTIMORE--(BUSINESS WIRE)--The Board of Directors of Constellation Energy Corporation declared a quarterly dividend of $0.3525 per share on Constellation’s common stock...Read the full...

FILE PHOTO: The front entrance of the Three Mile Island Nuclear power plant is pictured in Dauphin County, Pennsylvania, U.S. May 30, 2017.   REUTERS/Carlo Allegri/File Photo
ElectricityEmissionsEnvironmentInfrastructureNatural GasNewsNuclear PowerPoliticsUtilities

Constellation Energy talking to Pennsylvania on Three Mile Island restart: sources

This plan, driven by rising power demand and the push for carbon-free energy, faces high costs and logistical challenges.

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