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

SummaryConstellation Energy plans to restart the Three Mile Island nuclear power plant in Pennsylvania, which was shut down in 2019. This restart is driven by the increasing electricity demand from the tech sector, particularly for data centers powering artificial intelligence. Microsoft has signed a power purchase agreement with Constellation, which will use the plant to generate carbon-free electricity for its data centers. This agreement marks a significant step in the revitalization of the nuclear industry, driven by a growing need for clean energy sources to meet the demands of expanding technology. This revival of nuclear power is supported by both federal and state governments, aiming to address the challenges posed by climate change and increasing energy consumption.Subscribe and listen to my podcast on all topics at Earl’s Newsletter PodcastMy Earl’s Newsletter Podcast Substack is committed to providing free access to all readers. We do not impose paywalls on any of our Podcasts and articles within this platform and our Podcast offers in-depth analysis. However, you can show your support by subscribing to our newsletter earlcotten.substack.com🙏 feel free to click the❤️ button on the post so that more people can discover it on Substack😘. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit earlcotten.substack.com/subscribe