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Amazon, Nuclear Power and talen energy
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.
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.
Regulators deliver successive blows to Amazon and Meta’s nuclear power ambitions
A series of recent rulings from regulators dashed the Big Tech companies' hopes of finding a quick fix for their electricity needs.
Nuclear-power stocks slide after regulator rejects plan to power Amazon data center
Nuclear-power stocks fell after regulators voted against a deal between Amazon and Talen Energy. The deal would permit a Talen nuclear plant to provide an Amazon data center with extra power. Nuclear stocks have surged this year as AI data centers boost energy demand.
US regulator rejects bid to boost nuclear power to Amazon data center
The Federal Energy Regulatory Commission (FERC) rejected an effort Friday to allow an Amazon data center to tap into additional power from a nearby Pennsylvania nuclear plant. The decision could throw a wrench in efforts by large technology companies to secure so-called “behind the meter” power from nuclear plants as they seek to meet
Constellation Energy tops S&P losers list on Amazon nuclear power deal setback
Constellation Energy ( NASDAQ: CEG) -10.1%, the biggest loser on the S&P 500, in early trading Monday after the Federal Energy Regulatory Commission on Friday rejected the amended PJM interconnection agreement for an Amazon ( AMZN) data center connected directly to rival Talen Energy's (NASDAQ: TLN) Susquehanna nuclear power plant in Pennsylvania.
US Power Stocks Slump After Regulator Rejects Nuclear Deal
Talen Energy Corp. and other US power company stocks slumped in pre-market trading Monday following the rejection by the country’s top energy regulator of Talen’s plan to supply a data center.
Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in a first-of-its-kind deal.
Big Tech nuclear power deal hits major regulatory hurdle
The Federal Energy Regulatory Commission has rejected a request to increase the energy sent to Amazon's data centers from a Pennsylvania nuclear plant.
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.
Opinion
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Opinion
Feeding AI’s appetite: Who pays the price for power-hungry data centers?
With the grid facing strain and more energy-hungry giants sitting down at the table, ensuring fair contribution isn’t just ...
3d
Why Oklo, Nano Nuclear, and NuScale Power Stocks All Dropped Today
And seeing as Oklo stock has more than doubled over the last 12 months, while Nano Nuclear has nearly quadrupled, and NuScale ...
3d
Nuclear-Hungry AI Campuses Need New Plan to Find Power Fast
Tech giants looking to quickly power massive artificial intelligence centers will need new plans after US regulators quashed ...
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