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FERC, Amazon and Talen Energy
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 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.
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 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 Amazon nuclear power deal
The US Federal Energy Regulatory Commission (FERC) has rejected a proposal that would have allowed an Amazon data centre
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.
Talen Energy shares plunge as FERC rejects nuclear power deal with Amazon
Talen Energy's (TLN) shares tanked 14% in premarket trade on Monday, weighed down by the U.S. Federal Energy Regulatory Commission's (FERC) rejection of an inte
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 those 300 megawatts while Talen continues to pursue approval of the amended ISA.
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.
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.
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
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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 ...
TipRanks on MSN
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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 ...
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