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FERC, Amazon and talen energy
FERC rejects interconnection pact for Talen-Amazon data center deal at nuclear plant
Chairman Willie Phillips dissented from the decision on the “first of its kind” co-location proposal, saying it could harm national security and grid reliability.
US FERC rejects Amazon-Talen nuclear power agreement
The US Federal Energy Regulatory Commission (FERC) has rejected an amended interconnection service agreement proposing to increase the load capacity of Amazon's data centre at the Susquehanna nuclear facility in Pennsylvania.
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.
Talen Energy shares plunge as FERC rejects nuclear power agreement with Amazon
Talen Energy's (NASDAQ:TLN) shares tanked 14% in premarket trade on Monday, weighed down by the U.S. Federal Energy Regulatory Commission's (FERC) rejection of an interconnection agreement with an Amazon (NASDAQ:AMZN) data center.
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.
Amazon still backs Talen nuclear deal after regulator rejection
AMAZON.COM said that it’s committed to building a data centre campus adjacent to a Pennsylvania nuclear plant after the top US energy regulator rejected a special deal to power the facility. Read more at The Business Times.
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
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.
Federal energy regulators block Amazon’s data center deal with Salem Twp. power plant
The Federal Energy Regulatory Commission has dealt a blow to plans by e-commerce and technology giant Amazon to build a series of data centers near Talen Energy’s nuclear power plant
Nuclear-Power Companies Hit by U.S. Regulator’s Rejection of Amazon-Talen Deal
Talen said it believed FERC had erred and was evaluating its options. The company can still restructure its expanded deal with Amazon, according to Oppenheimer analysts.
TipRanks on MSN
1d
Talen Energy ‘believes FERC erred,’ says evaluating options
Talen
Energy
(TLN) released the following statement in response to Friday’s Federal
Energy
Regulatory Commission, the ...
1d
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 ...
13h
on MSN
Nuclear Stocks Are Tumbling Monday: What's Going On?
Nuclear stocks are trading lower across the board on Monday after regulators rejected Talen Energy Corp's (NASDAQ:TLN) plans ...
13h
on MSN
Why Oklo, Nano Nuclear, and NuScale Power Stocks All Dropped Today
And seeing as Oklo stock has more than doubled over the last 12 months, while Nano Nuclear has nearly quadrupled, and NuScale ...
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