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Amazon, Talen Energy and nuclear power
Amazon remains committed to nuclear energy deal with Talen
Adds share movement Amazon.com (NASDAQ:AMZN) has said it will continue to back a deal for an Amazon Web Services data center in Pennsylvania powered by Talen Energy's (NASDAQ:TLN) nuclear power plant.
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.
The Amazon-Talen Deal: Why It Was Stopped
Federal regulators blocked part of a plan for Talen Energy to sell nuclear power directly to an adjacent Amazon data center in Pennsylvania. How We Got Here The Amazon-Talen plans had accelerated interest in so-called behind-the-meter deals,
Is Talen Energy stock still a buy after FERC blocks Amazon deal?
Discover if Talen Energy (TLN) remains a buy after FERC's Amazon deal block. Analyze key price levels and future prospects.
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?
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.
Talen Down After FERC Rejects Amazon Data-Center Nuclear Deal
The Amazon data center is located close to Talen's Susquehanna nuclear power plant in Pennsylvania, as previously reported. The amended interconnection deal would have supplied more power directly from the plant to the data center. But the deal would have diverted power currently going to the general regional grid.
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.
Talen Energy shares plunge as FERC rejects nuclear power deal with Amazon
Talen Energy's (TLN) shares tanked 14% in premarket trade on Monday, weighed down by the U.S. Federal Energy Regulatory Commission's (FERC) rejection of an inte
Amazon Still Backs Talen Nuclear Deal After Regulator Rejection
Amazon.com Inc. said it’s committed to building a data center campus adjacent to a Pennsylvania nuclear plant after the top US energy regulator rejected a special deal to power the facility.
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.
GlobalData on MSN
2d
US FERC rejects Amazon-Talen nuclear power agreement
FERC rejected an interconnection service plan proposed to raise the load capacity of an Amazon data centre at Susquehanna ...
1d
on MSN
Nuclear Energy’s AI Boom Blew a Fuse—Here’s What Could Happen Next
The regulator’s decision puts one type of contract at risk, but won’t close the door on nuclear power plants looking to sign ...
1d
Amazon intends to move forward with Talen project, Bloomberg reports
Amazon.com (AMZN) told Bloomberg it’s committed to building a data center campus adjacent to a Pennsylvania nuclear plant after the ...
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