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Trump administration lends $1 billion to restart Three Mile Island nuclear reactor.

The Trump administration said on Tuesday it has loaned Constellation Energy Corp $1 billion to restart its nuclear reactor at a Pennsylvania plant
formerly known as Three Mile Island. Constellation signed a deal in late
2024 with Microsoft to restart the 835-megawatt reactor, which shut in
2019, and which would offset Microsoft’s data center electricity use. The
other unit at the plant, renamed the Crane Clean Energy Center, shut in
1979 after an accident that chilled the nuclear power industry. U.S. power
demand is now rising for the first time in two decades on technologies
including artificial intelligence. Nuclear energy, which is virtually
carbon-free, has become an option for technology companies with
uninterrupted power needs and climate pledges. Critics point out that the
U.S. has failed to find permanent storage for radioactive waste.

CNN 18th Nov 2025, https://edition.cnn.com/2025/11/18/business/three-mile-island-restart-trump

November 23, 2025 - Posted by | politics, USA

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