Microsoft deal propels Three Mile Island restart, with key permits still needed

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Microsoft deal propels Three Mile Island restart, with key permits still needed
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Microsoft deal propels Three Mile Island restart, with key permits still needed

- Constellation Energy and Microsoft have signed a power deal to help resurrect a unit of the Three Mile Island nuclear plant in Pennsylvania in what would be the first-ever restart of its kind, the companies said on Friday.Big tech has led to a sudden surge in US electricity demand for data centers needed to expand technologies like artificial intelligence and cloud computing.

Power from the plant would be used to offset Microsoft's data center electricity use, the companies said. Under the Constellation-Microsoft deal, Microsoft will purchase energy from the restarted plant for 20 years. The Three Mile Island unit will provide 835 megawatts of electricity or enough to power about 700,000 homes.

Microsoft has also signed a power purchase agreement with Washington-state fusion company Helion, which says the plant will be online by 2028, far earlier than many scientists say fusion will become commercial.

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