Current:Home > InvestTradeEdge Exchange:A new life is proposed for Three Mile Island supplying power to Microsoft data centers -NextFrontier Finance
TradeEdge Exchange:A new life is proposed for Three Mile Island supplying power to Microsoft data centers
Robert Brown View
Date:2025-04-09 18:08:33
HARRISBURG,TradeEdge Exchange Pa. (AP) — The owner of the shuttered Three Mile Island nuclear power plant said Friday that it plans to restart the reactor under a 20-year agreement that calls for tech giant Microsoft to buy the power to supply its data centers with carbon-free energy.
The announcement by Constellation Energy comes five years after its then-parent company, Exelon, shut down the plant, saying it was losing money.
The plant, on an island in the Susquehanna River just outside Harrisburg, was the site of the nation’s worst commercial nuclear power accident, in 1979. The accident destroyed one reactor, Unit 2, and left the plant with one functioning reactor, Unit 1.
Buying the power is designed to help Microsoft meet its commitment to be “carbon negative” by 2030.
Constellation said it hopes to bring Unit 1 online in 2028 and pursue a license renewal from regulators to extend the plant’s operation to at least 2054. Restarting the Unit 1 reactor will require approval from the U.S. Nuclear Regulatory Commission, as well as permits from state and local agencies, Constellation said.
To prepare to restart Unit 1, “significant investments” must be made to restore the plant, including the turbine, generator, main power transformer and cooling and control systems, Constellation said.
The agreement comes amid a push by the Biden administration, states and utilities to reconsider using nuclear power to try to blunt the effects of climate change and limit plant-warming greenhouse gas emissions from the power sector.
Last year, Georgia Power began producing electricity from the first American nuclear reactor to be built from scratch in decades, after the accident at Three Mile Island froze interest in building new ones.
Microsoft and Constellation did not release terms of the agreement. Before it was shut down in 2019, Unit 1 had a generating capacity of 837 megawatts, which is enough to power more than 800,000 homes, Constellation said.
The destroyed Unit 2 is sealed, and its twin cooling towers remain standing. Its core was shipped years ago to the U.S. Department of Energy’s Idaho National Laboratory. What is left inside the containment building remains highly radioactive and encased in concrete.
___
Follow Marc Levy at https://x.com/timelywriter
veryGood! (76)
Related
- Taylor Swift Cancels Austria Concerts After Confirmation of Planned Terrorist Attack
- Montana man intends to plead guilty to threatening US Sen. Jon Tester
- France to ban smoking on beaches as it seeks to avoid 75,000 tobacco-related deaths per year
- Abigail Mor Edan, the 4-year-old American held hostage by Hamas, is now free. Here's what to know.
- Rylee Arnold Shares a Long
- Biden not planning to attend COP28 climate conference in Dubai
- New Google geothermal electricity project could be a milestone for clean energy
- 'The Golden Bachelor' finale: Release date, how to watch Gerry Turner find love in finale
- The White House is cracking down on overdraft fees
- How much should you tip? How about nothing? Tipping culture is out of control.
Ranking
- Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
- High stakes and glitz mark the vote in Paris for the 2030 World Expo host
- Purdue is new No. 1 as top of USA TODAY Sports men's basketball poll gets reshuffled
- Official who posted ‘ballot selfie’ in Wisconsin has felony charge dismissed
- North Carolina justices rule for restaurants in COVID
- Cardinals get AL Cy Young runner-up Sonny Gray to anchor revamped starting rotation
- Baltic nations’ foreign ministers pull out of OSCE meeting over Russian foreign minister attendance
- Jada Pinkett Smith Confirms Future of Her and Will Smith's Marriage After Separation Revelation
Recommendation
Kentucky Gov. Andy Beshear ready to campaign for Harris-Walz after losing out for spot on the ticket
Trump expected to testify in New York civil fraud trial Dec. 11
Oshkosh and Dutch firms awarded a $342 million contract to produce equipment trailers for US Army
How much should you tip? How about nothing? Tipping culture is out of control.
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Mysterious and fatal dog respiratory illness now reported in 14 states: See the map.
Ohio State slips out of top five in the latest NCAA Re-Rank 1-133
New Google geothermal electricity project could be a milestone for clean energy