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Talen Energy, FERC and Amazon
Is Talen Energy stock still a buy after FERC blocks Amazon deal?
Discover if Talen Energy (TLN) remains a buy after FERC's Amazon deal block. Analyze key price levels and future prospects.
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.
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
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 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.
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 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.
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
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.
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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 ...
21h
on MSN
Why Constellation Energy Stock Crashed 11% After Earnings
The biggest argument in favor of Constellation Energy stock just became a liability. Electric utility stock Constellation ...
19h
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 ...
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