Talen and Amazon Stocks Down After FERC Rejects Nuclear Power Deal
Talen Energy (TLN) and Amazon (AMZN) shares fell over 2% and 1%, respectively, on Monday. The decline came after the U.S. Federal Energy Regulatory Commission (FERC) denied a request to increase the power supply from TLN’s Susquehanna nuclear plant to AMZN’s data center campus.
FERC rejects amended interconnection agreement for Amazon data center at Susquehanna nuclear plant
The commission agreed with opponents of the proposal, citing concerns about grid reliability and cost fairness.
FERC rejects Amazon nuclear power deal
The US Federal Energy Regulatory Commission (FERC) has rejected a proposal that would have allowed an Amazon data centre
FERC rejects nuclear-powered expansion of Amazon data center
Democratic Chair Willie Phillips dissented, arguing that the order was a roadblock to "a new phase in the energy transition."
Talen slides as regulators reject proposal to expand Amazon data center
Shares of Talen Energy (TLN) are under pressure on Monday after the Federal Energy Regulatory Commission, or FERC, rejected an amended
Nuclear Stocks Slide After Amazon's Data-Center Plan Is Rejected
Nuclear-energy stocks slid after the Federal Energy Regulatory Commission shot down Amazon's plan to use more power from a Talen Energy nuclear reactor to fuel a data center. The decision is a si
Talen Down After FERC Rejects Amazon Data-Center Nuclear Deal
Late Friday, FERC rejected an amended interconnection agreement for an Amazon data center with a nuclear power plant run by Talen Energy. The Amazon data center is located close to Talen's Susquehanna nuclear power plant in Pennsylvania,
Amended interconnect agreement for Amazon data center rejected, Reuters says
U.S. regulators rejected a proposal to let Amazon buy nuclear power for AWS data centers in Pennsylvania over energy grid reliability and other
U.S. regulator rejects Amazon-Talen nuclear power agreement for data center
CNBC's David Faber breaks down the latest news affecting markets.
Energy regulators scrutinizing data center use reject Amazon bid
Energy regulators are trying to determine how to respond to the recent wave of deals between nuclear plants and data centers that some worry could threaten grid reliability and raise utility bills. Why it matters: Tech companies are seeking direct tie-ups and power purchase agreements with nuclear plants as they clamor for zero-carbon,
Amazon to proceed with data center expansion despite FERC decision to limit power
Amazon’s (NASDAQ:AMZN) plan to build a data center powered by a Pennsylvania nuclear power plant has not changed, even as the top U.S. energy regulator has turned down a request to increase power to the facility.
Shell Energy Again Challenges FERC in Market Manipulation Case
Shell Energy North America wants the Ninth Circuit to weigh a Federal Energy Regulatory Commission decision reasserting that ...
FERC’s AWS, Talen Energy ruling ‘not the final word’ on nuclear, data center colocation: Constellation CEO
The company’s “foot is on the accelerator” to close data center deals as it works to restart Three Mile Island Unit 1 by 2027 ...
Tech giant’s failed AI energy deals could pull power from Bitcoin
A United States regulator’s decision to block an Amazon AI data center from pulling a portion of power from its adjacent ...
FERC Improperly Restricted Texas Gas Pipeline Review, Groups Say
The Sierra Club and Public Citizen are challenging the Federal Energy Regulatory Commission’s approvals of the Saguaro Connector pipeline cutting across Texas to the Mexican border, which they say ...
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 ...
Constellation Navigates Regulatory Setback in Quest for Data Centers at Power Plants
The Federal Energy Regulatory Commission on Friday rejected an agreement to increase ... Constellation said it is seeking guidance from regulators after FERC’s decision about co-location, ...
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Federal Energy Regulatory Commission Imposes New Requirements on Transmission Line Siting Applicants Seeking Rights of Way on Tribal Lands
On October 17, 2024, the Federal Energy Regulatory Commission (FERC) took final action on Order No. 1977, which requires ...
Talen Energy Statement on FERC Order Rejecting Susquehanna ISA
Importantly, the existing ISA allows for 300 megawatts of co-located load at Susquehanna, and development of the first phases of the Amazon Web Services (“AWS”) data center campus can proceed using ...
Stocktwits on MSN1d
Talen Energy's Amazon Deal Hits Roadblock, Triggering Nuclear Sector Selloff And Retail Concerns
Bullish sentiment surrounding nuclear stocks took a hit after the Federal Energy Regulatory Commission (FERC) limited the power Amazon ($AMZN) could draw from Talen Energy Corp.'s ($TLN) nuclear ...