It might have seemed like one of the weirder headlines of 2024: Microsoft is paying $1.6 billion to restart Three Mile Island. That's the nuclear power plant in Pennsylvania whose reactor #2 had a partial meltdown in 1979. There were no injuries, and nobody died, but it set the nuclear industry back years. Only two new plants have been started since that accident.
Main Idea: Big Tech is turning to nuclear power to help meet the huge electricity needs of artificial intelligence while trying to hit clean energy goals.
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Nuclear projects can be slow and costly, so households and taxpayers may face higher power costs if Big Tech’s bets miss deadlines.
New nuclear power could give data centers cleaner, steady electricity and support jobs in plant construction and operations.
Rate how each entity in this article affected the American people.
The article discusses these named companies together as a central group.
Nuclear operator central to the Three Mile Island restart and the article’s main business focus.
Chief executive of Constellation Energy and a principal quoted decision-maker in the article.
Central company whose $1.6 billion deal to restart Three Mile Island drives the story.
Named Big Tech company announcing a major investment in nuclear power.
Chief executive of Kairos Power quoted about the company’s reactor design and development.
Major Big Tech company pursuing nuclear investments to power artificial intelligence data centers.
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Sign in to commentCompany funded by Google to design and build next-generation small modular reactors.
Google decarbonization lead quoted on the company’s nuclear strategy and goals.
Named nuclear facility central to Microsoft’s restart plan and the article’s core example.
Expert quoted to question the feasibility and timeline of small modular reactors.