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Amazon, Talen Energy
Talen Energy says may ask FERC to reconsider rejection of Amazon nuclear deal
Talen Energy (NASDAQ:TLN) +2.8% in Thursday's trading after saying it may file a new motion with the Federal Energy Regulatory Commission to seek approval of its agreement to supply more electricity to an Amazon data center connected to its nuclear power plant in Pennsylvania.
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.
Talen Eyes Options for Amazon Data Center After Regulator Rejection
The Federal Energy Regulatory Commission this month struck down the deal to increase the capacity of the data center at Talen's Susquehanna plant to 480 megawatts from 300 megawatts, noting that diverting power to a single customer could raise power bills in the region and cause grid reliability problems.
Opinion
Amazon’s Nuclear Deal Stalled — But Its AI Power Demand Won’t
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.
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?
What the FERC Amazon data center slapdown means for nuclear
The commission’s ruling against linking the technology giant’s facility with a Pennsylvania reactor spurred a drop in nuclear stock prices.
Talen Energy Lifts Guidance. Stock Is Rising Even After Amazon Nuclear Deal Fell Through.
Talen’s stock is rising after the electricity producer lifted the lower end of its Ebitda and free cash flow guidance.
TechCrunch on MSN
10d
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 ...
Yahoo
1d
5 nuclear energy startups that Google, Amazon, Bill Gates, and Sam Altman are into
X-energy (not pictured) was founded in 2009. - Photo: Chris Ratcliffe/Bloomberg Creative (Getty Images)
Amazon
announced a ...
Recharge
4h
'Renewables risk losing the AI data centre power prize to nuclear or even gas'
The boom in demand presents an unprecedented opportunity for wind and solar – but only if it innovates rapidly, writes Luca ...
3d
on MSN
Billionaires Bill Gates, Jeff Bezos, and Sam Altman Are Investing in Nuclear Energy Hand Over Fist. Should You?
Billionaires Bill Gates, Jeff Bezos, and Sam Altman Are Investing in Nuclear Energy Hand Over Fist. Should You?
Datacenter Dynamics
6h
Are nuclear power and SMRs the solution to data center energy woes?
Data center operators are increasingly looking to nuclear energy to power their facilities, but some are banking on unproven ...
datacenterfrontier.com
3d
Data Center Nuclear Power Update: Microsoft, Constellation, AWS, Talen, Meta
Microsoft is making good progress on its PPA with Constellation to reopen Three Mile Island, but it's not all smooth sailing ...
Investor's Business Daily on MSN
6h
Nuclear Company Reports Earnings Fresh Off Regulators Rejecting Amazon Deal
Talen Energy reports third-quarter earnings and revenue early Thursday, giving investors a chance to hear from the company ...
2d
on MSN
Regulations Are Making It Harder To Meet the Nation's Power Demands
The Federal Energy Regulatory Commission (FERC) recently rejected a request to increase power generation for a data center ...
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