Connect with us

Hi, what are you looking for?

Smart Income LibrarySmart Income Library

Tech News

Microsoft wants Three Mile Island to fuel its AI power needs

US-NUCLEAR-ACCIDENT-ANNIVERSARY
Photo by Andrew Caballero-Reynolds / AFP via Getty Images

Microsoft just signed a deal to revive the shuttered Three Mile Island nuclear power plant. If approved by regulators, the software maker would have exclusive rights to 100 percent of the output for its AI data center needs.

Constellation, the owner of the Three Mile Island plant, announced a power purchase agreement with Microsoft earlier today, which should see the site coming back online in 2028, assuming regulators approve it.

The reactor that Microsoft plans to source its energy from was retired in 2019 for economic reasons and is located next to a unit that was shut down in 1979 after the worst US nuclear accident in history. The plant that Constellation plans to reopen can generate 837 megawatts of energy, enough to power more…

Continue reading…

You May Also Like

Editor's Pick

Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch...

Tech News

Klipsch’s Flexus Core 300 soundbar will leverage Dirac’s room correction calibration tools. | Image: Klipsch Klipsch has announced its new Flexus Core 300 soundbar,...

Editor's Pick

So the first Fed rate cut is behind us, and we are no longer in a “higher for longer” period, but in a new...

Politics

Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...