Talen-Amazon Nuclear Power Deal Hits Speed Bump. Why Constellation Stock Is Down More.
Big tech companies need lots of electricity for their data centers, which are processing increasingly complex artificial intelligence applications.
US FERC rejects Amazon-Talen nuclear power agreement
FERC rejected an interconnection service plan proposed to raise the load capacity of an Amazon data centre at Susquehanna nuclear facility.
Talen Energy: A Nuclear Power Stock That Can Keep Winning
Nuclear energy companies have been big winners in the stock market thus far in 2024, and Talen Energy (NASDAQ: TLN) is no exception. The stock has provided investors with a total return of 186%
US Regulator Rejects Amazon-Talen Nuclear Power Agreement
The top US energy regulator rejected a special deal that would have allowed an Amazon.com Inc. data center to use more power from an adjacent nuclear power plant.Most Read from BloombergIstanbul Tries Free Public Transit to Help Job SeekersThe Answer To Making Cities More Family-Friendly?
Nuclear-Power Companies Hit by U.S. Regulator’s Rejection of Amazon-Talen Deal
Talen said it believed FERC had erred and was evaluating its options. The company can still restructure its expanded deal with Amazon, according to Oppenheimer analysts.
U.S. power stocks slump after regulator rejects Amazon-Talen nuclear deal
Talen Energy and other U.S. power company stocks slumped Monday following the rejection by the country's top energy regulator of Talen's plan to supply an Amazon.com data center. The Federal Energy Regulatory Commission voted 2-1 late Friday against the
US Regulators Reject Plan To Increase Nuclear Energy Flow To Amazon Data Center
The proposal would have boosted the amount of electricity coming from the Pennsylvania power plant from 300 megawatts to 480 megawatts.
Talen Energy's Amazon Deal Hits Roadblock, Triggering Nuclear Sector Selloff And Retail Concerns
Bullish sentiment surrounding nuclear stocks took a hit after the Federal Energy Regulatory Commission (FERC) limited the power Amazon ($AMZN) could draw from Talen Energy Corp.'s ($TLN) nuclear facility in Pennsylvania.
Seeking Alpha on MSN1d
Amazon remains committed to nuclear energy deal with Talen
Amazon.com (NASDAQ:AMZN) has said it will continue to back a deal for an Amazon Web Services data center in Pennsylvania ...
FERC’s AWS, Talen Energy ruling ‘not the final word’ on nuclear, data center colocation: Constellation CEO
The company’s “foot is on the accelerator” to close data center deals as it works to restart Three Mile Island Unit 1 by 2027 ...
Constellation seeks data centers at power plants despite regulatory setback
Constellation Energy will continue to pursue deals to develop data centers on the sites of its U.S. power plants, days after ...
Constellation plans to pursue data centers at power plants despite setback, CEO says
Constellation Energy (NASDAQ:CEG) will continue to pursue deals to develop data centers on the sites of its U.S. power plants ...
Baton Rouge Business Report1d
How AI is driving demand from nuclear power plants
While owners of nuclear power plants had been hoping they could look to tech companies to sell their power, a ruling from the Federal Energy Regulatory Commission could throw a wrench in those plans, ...
IT News For Australia Business2d
Regulators raise questions about siting data centres at power plants
Connecting data centres directly to power plants, in an arrangement known as co-location ... a data centre powered ...
worldenergynews.com5d
U.S. regulators consider the issue of data centers in power plants
The Federal Energy Regulatory Commission held a technical meeting on Friday to discuss the reliability and cost concerns ...
Constellation seeks data centres at power plants despite regulatory setback
Constellation Energy will continue to pursue deals to develop data ... Constellation, which is the largest operator of U.S.