|

Constellation Energy orders $100m transformer for Three Mile Island reactor revival

Global, News

Constellation Energy has placed a $100 million order for a main power transformer, marking a critical step in the revival of the Three Mile Island nuclear reactor in Pennsylvania, according to Reuters. The transformer is the largest single piece of equipment needed for the reactor’s restart. Constellation has committed to investing $1.6 billion by 2028 to bring the plant back online. Following a detailed survey of the site, which assessed essential infrastructure and equipment, Constellation…

|

Microsoft and Constellation Energy sign deal to restart Three Mile Island nuclear unit

Global, News

Microsoft and Constellation Energy have entered into a power deal to restart Unit 1 of the Three Mile Island nuclear plant in Pennsylvania, the first-ever nuclear plant revival of its kind. The deal comes amid surging electricity demand from data centers driven by advancements in artificial intelligence and cloud computing. Nuclear energy, with its nearly carbon-free and reliable nature, is gaining favor among tech companies for meeting both power needs and climate commitments. Constellation plans…

|

Amazon invests in Greece’s largest wind energy project with three wind farms

Global, News

Amazon has announced its entry into utility-scale wind energy in Greece with a €496 million investment in three wind farms, marking its largest renewable energy initiative. The investment involves four power purchase agreements (PPAs) covering the Vermio North and Vermio South wind farms in Macedonia and the Mesokorfi and Koukouras wind farms in the Peloponnese region. Construction is underway, with power generation expected to begin by 2026. Together, the wind farms will produce enough carbon-free…

Power Sector News Roundup for October 18, 2024

Power Bytes

Global: Philippines DOE to commercialize three offshore wind projects Global energy system faces rising risks amid geopolitical strains: IEA Dominion Energy and Amazon sign MoU for SMR development in Virginia Ohmium partners with SwitcH2 Offshore for offshore green hydrogen and ammonia project ARCO/Murray to build Boviet Solar’s manufacturing hub in North Carolina IEA’s Fatih Birol: Fossil fuel demand to peak as world enters “age of electricity” Constellation Energy orders $100m transformer for Three Mile Island…

AI’s Rising Energy Demand is Reshaping the Future of Data Centers and Power Supply

Analysis

At Climate Week in New York, discussions are centered on the rising energy demand driven by artificial intelligence. Last week, it was revealed that Microsoft would use electricity from the resurrected Three Mile Island nuclear plant to power its data centers. In a recent report, Bloomberg highlighted that OpenAI had approached the Biden administration regarding plans for large-scale data centers, each capable of consuming energy equivalent to that of a whole city. This trend is…