news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

constellation energy, the largest nuclear reactor operator in the united states, has reached an agreement with microsoft to sell all the electricity generated by the three mile island nuclear power plant, which the company plans to restart, to microsoft to provide energy for its artificial intelligence data center with huge electricity demands.

currently, star energy expects to bring the three mile island 1 reactor near middletown, pennsylvania, back online in 2028, subject to approval by the u.s. nuclear regulatory commission, and the company plans to apply to extend the operation of the power plant until at least 2054. the agreement signed by microsoft and star energy is for 20 years, and star energy said it is the largest power purchase agreement ever signed by the company.

the news caused star energy's stock to rise by more than 17% in early trading on friday. its stock price has more than doubled this year. at the same time, the news led to a surge in a number of uranium mining stocks and energy stocks. vistra once rose by about 11.1%, uranium energy rose by 6.4%; cameco, which is listed in canada, once rose by more than 8.03%, energy fuel shares once rose by more than 7%, and denison mining once rose by 5.58%.

"this decision is the most powerful symbol yet of the resurgence of nuclear power as a clean and reliable energy resource," star energy ceo joe dominguez said during an earnings call friday morning.