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Amazon, talen energy and Nuclear Power
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.
Amazon remains committed to nuclear energy deal with Talen
Adds share movement Amazon.com (NASDAQ:AMZN) has said it will continue to back a deal for an Amazon Web Services data center in Pennsylvania powered by Talen Energy's (NASDAQ:TLN) nuclear power plant.
The Amazon-Talen Deal: Why It Was Stopped
Federal regulators blocked part of a plan for Talen Energy to sell nuclear power directly to an adjacent Amazon data center in Pennsylvania. How We Got Here The Amazon-Talen plans had accelerated interest in so-called behind-the-meter deals,
Nuclear-power stocks slide after regulator rejects plan to power Amazon data center
Nuclear-power stocks fell after regulators voted against a deal between Amazon and Talen Energy. The deal would permit a Talen nuclear plant to provide an Amazon data center with extra power. Nuclear stocks have surged this year as AI data centers boost energy demand.
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.
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 Amazon nuclear power deal
The US Federal Energy Regulatory Commission (FERC) has rejected a proposal that would have allowed an Amazon data centre
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.
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.
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
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.
1d
on MSN
Why Oklo, Nano Nuclear, and NuScale Power Stocks All Dropped Today
And seeing as Oklo stock has more than doubled over the last 12 months, while Nano Nuclear has nearly quadrupled, and NuScale ...
7h
Amazon intends to move forward with Talen project, Bloomberg reports
Amazon.com (AMZN) told Bloomberg it’s committed to building a data center campus adjacent to a Pennsylvania nuclear plant after the ...
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