The U.S. government’s initiative to boost the energy grid with $1 billion for Three Mile Island’s refurbishment aims to support AI technology advancements. Energy Secretary Chris Wright stated Tuesday that the funding will decrease electricity costs and bolster grid stability. Microsoft is anticipated to be a key beneficiary via a 20-year power purchase agreement with Constellation Energy, aimed at decarbonizing its datacenters using renewable sources. TMI Unit 1, retired in 2019 without decommissioning, will be restarted, alongside the long-standing TMI-2 which endured a partial meltdown in 1979. The Department of Energy’s guarantee partially funds the reactor’s reactivation, set to supply power for approximately 800,000 homes once greenlit by the Nuclear Regulatory Commission. Wright emphasizes the project’s contribution to affordable, reliable energy across the Mid-Atlantic, enhancing domestic energy supply and national growth in AI. Microsoft anticipates the reactor’s readiness by 2027, a year ahead of schedule, facilitating its AI-driven operations. Meanwhile, the Department’s collaboration with the private sector continues under President Trump’s Nuclear Reactor Pilot Program, with initial units targeted for operation by next year’s independence anniversary.
Reviving Three Mile Island: A Billion-Dollar Power Move
/ Daily News…