Regulator rejects amended Susquehanna power agreement
The US Federal Energy Regulatory Commission (FERC) has issued an order rejecting the amended Susquehanna Interconnection Service Agreement between PJM Interconnection, PPL Electric Utilities and Talen Energy Corporation proposing to increase the load capacity of Amazon's data centre at the Susquehanna nuclear power plant 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.
US Power Stocks Slump After Regulator Rejects Nuclear Agreement
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.
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 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 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.
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