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Keyword:Constellation Energy

Google Plans to Sign Over $1 Billion Long-Term Power Purchase Agreement with Constellation Energy: Locking in Existing Nuclear Baseload to Support AI Computing Expansion

Google Plans to Sign Over $1 Billion Long-Term Power Purchase Agreement with Constellation Energy: Locking in Existing Nuclear Baseload to Support AI Computing Expansion

Recently, Google's parent company Alphabet (Alphabet Inc., Nasdaq: GOOGL) is nearing a multi-year nuclear power purchase agreement with Constellation Energy. Google will pay $1 billion or more, and the agreement could be announced as early as this week. It is understood that this potential agreement comes as the massive electricity demand driven by the artificial intelligence boom is reigniting interest in nuclear energy, which can provide emissions-free power around the clock. Recently reached agreements have mainly focused on existing nuclear facilities, because permitting and construction of new reactors can take more than a decade, while next-generation fission technology still requires years before large-scale deployment. This news follows Amazon...

2026-10-06

Large Transformer Arrives for Restart Project at US Three Mile Island Unit 1

Large Transformer Arrives for Restart Project at US Three Mile Island Unit 1

August 21 news, Constellation Energy, the company overseeing the refurbishment of the Three Mile Island nuclear plant, said this week that a transformer weighing approximately 262 tons, shipped from South Korea to Pennsylvania, USA, has arrived at the plant site in Middletown. This is the first of three large transformers planned for delivery to the site. Constellation Energy is advancing the restart of Unit 1 at Three Mile Island and plans to rename the project the Crane Clean Energy Center. The unit has been shut down since 2019. Constellation Energy stated that the arrival of the transformer is a key milestone in its effort to restore 835 megawatts of reliable...

2026-08-23