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U.S. power stocks slump
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.
Nuclear-power stocks slide after regulator rejects plan to power Amazon data center
Nuclear-power stocks slumped on Monday after US regulators barred a plant from supplying extra power to an Amazon data center. The Federal Energy Regulatory Commission rejected the deal between Amazon and Talen Energy late last week.
US Power Stocks Slump After Regulator Rejects Nuclear Deal
Talen Energy Corp. and other US power company stocks slumped in pre-market trading Monday following the rejection by the country’s top energy regulator of Talen’s plan to supply a data center.
Constellation Energy, nuclear stocks plummet after regulators block Amazon power deal
Microsoft's nuclear power partner Constellation Energy saw its stock drop on Monday as strong earnings couldn't overcome a a ruling from the FERC late Friday that was pressuring nuclear stocks across the board.
US regulator rejects bid to boost nuclear power to Amazon data center
The Federal Energy Regulatory Commission (FERC) rejected an effort Friday to allow an Amazon data center to tap into additional power from a nearby Pennsylvania nuclear plant. The decision could
Opinion
Amazon’s Nuclear Deal Stalled — But Its AI Power Demand Won’t
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.
U.S. power stocks slump after regulator rejects Amazon-Talen nuclear deal
Talen Energy and other U.S. power company stocks slumped Monday following the rejection by the country's top energy regulator of Talen's plan to supply an Amazon.com data center. The Federal Energy Regulatory Commission voted 2-1 late Friday against the
Talen-Amazon Nuclear Power Deal Hits Speed Bump. Why Constellation Stock Is Down More.
Big tech companies need lots of electricity for their data centers, which are processing increasingly complex artificial intelligence applications.
US Regulators Reject Plan To Increase Nuclear Energy Flow To Amazon Data Center
The proposal would have boosted the amount of electricity coming from the Pennsylvania power plant from 300 megawatts to 480 megawatts.
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 facility in Pennsylvania.
14h
Meta's nuclear power plans were foiled by bees — yes, bees
Meta’s ( META) plan to join the tech race for nuclear power has reportedly been foiled by bees.
15h
on MSN
Regulators deliver successive blows to Amazon and Meta’s nuclear power ambitions
Amazon, Meta, and Microsoft have placed big bets on
nuclear
power
to secure electricity for their data centers as AI and ...
2d
NYS eyes new nuclear power to meet climate goals, demand for electricity
But critics say nuclear power is expensive and poses health risks. One of the biggest challenges would be public approval, ...
heise online
10h
Amazon, Meta: Setback for AI power directly from the nuclear power plant
So
power
-hungry that equipment such as transformers, switches and generators for new data centers have become scarce. Tech ...
Foreign Affairs
5h
How the War in Ukraine Could Go Nuclear—by Accident
In response, Ukraine has begun launching up to hundreds of drones daily at carefully selected Russian targets.Ukraine has ...
10d
on MSN
Nuclear power stocks are soaring amid an AI energy push. Here are 7 names to watch.
The best-performing nuclear stock has soared 481% so far this year as mega-cap tech companies strike deals for nuclear power.
14h
Nuclear-Hungry AI Campuses Need New Plan to Find Power Fast
Tech giants looking to quickly power massive artificial intelligence centers will need new plans after US regulators quashed ...
Hosted on MSN
1d
From nuclear to quantum computing, how Big Tech intends to power AI's insatiable thirst for energy
A huge upswing in the number of data centers worldwide shows no signs of slowing down, prompting Big Tech to consider how ...
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