The U.S. Department of Energy (DOE) approved a second $56.8 million disbursement to Holtec for restarting the Palisades Nuclear Plant in Michigan, part of a $1.52 billion loan guarantee. The plant, set to be the first restarted U.S. commercial nuclear reactor, is expected to operate through 2051. Holtec, which acquired the plant in 2022, has…
Constellation Energy has announced a 20-year power purchase agreement (PPA) with Microsoft to supply electricity to its mid-Atlantic data centers from the Unit 1 reactor at the Three Mile Island nuclear plant in Pennsylvania, which was retired in 2019. The deal highlights growing interest from data centers in nuclear energy due to its large, reliable,…
According to the Department of Energy, over 60 gigawatts (GW) of new nuclear capacity could potentially be added at existing or recently decommissioned nuclear power plant sites nationwide. The report evaluated 54 operating and 11 retired nuclear power plant sites across 31 states for their potential to host new nuclear capacity, considering factors like cooling…
