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A power company is planning to restart Three Mile Island's remaining nuclear reactor

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Evan graduated from the University of Missouri with a journalism degree and has now spent more than a decade writing and editing news and managing teams under the Scripps News umbrella.

A power company is planning to restart a dormant nuclear reactor at Pennsylvania's Three Mile Island nuclear generating station to help meet the power demands of high-tech data centers.Constellation Energy announced Friday it planned to bring the Unit 1 reactor at Three Mile Island back into operation and keep it running for decades.Microsoft has signed a 20-year agreement to buy power from Constellation's operation.

The undamaged TMI-1 was kept offline until 1985, then shut down again in 2019 because it was not economically feasible to keep the plant running.Now, Constellation is planning to invest to bring TMI-1's systems back up to operating readiness, which will involve overhauls of the reactor's cooling systems, turbines and power transformers.RELATED STORY | Three Mile Island's Nuclear LegacyOfficials hope the restart will power not just data centers, but local economies as well.

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This power company has outpaced Nvidia, could ink next nuclear deal after Three Mile IslandThe Three Mile Island restart demonstrates the growing financial opportunity that nuclear power represents for utilities and their investors.
Source: CNBC - 🏆 12. / 72 Read more »