Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI

Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the immense energy needs of the tech sector as they build out data centers to support artificial intelligence.

Constellation expects the Unit 1 reactor at Three Mile Island near Middletown, Pennsylvania, to come back online in 2028, subject to approval by the Nuclear Regulatory Commission, the company announced Friday. Constellation also plans to apply to extend the plant’s operations to at least 2054.

Constellation stock jumped about 15% in morning trading. Its shares have more than doubled year to date.

Microsoft will purchase electricity from the plant in a 20-year agreement to match the energy its data centers consume with carbon-free power. Constellation described the agreement with Microsoft as the largest power purchase agreement that the nuclear plant operator has ever signed.

“The decision here is the most powerful symbol of the rebirth of nuclear power as a clean and reliable energy resource,” Constellation CEO Joe Dominguez told investors on a call Friday morning.

Unit 1 ceased operations in 2019 as nuclear power struggled to compete economically with cheap natural gas and renewables. It is separate from the reactor that partially melted down in 1979 in the worst nuclear accident in U.S. history.

Constellation will rename the plant the Crane Clean Energy Center. The facility is named after Chris Crane, who was CEO of Constellation’s former parent company and died in April.

Constellation will invest $1.6 billion in restarting the plant through 2028, including on nuclear fuel, Chief Financial Officer Dan Eggers told investors during the call.

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‘There is a risk of a nuclear incident at the Kursk nuclear power plant,’ warns IAEA, blames Ukraine for drone strikes on plant

As the expanding frontline inches within just a few kilometers of the Kursk nuclear power plant in Russia, there are fears there could be a major nuclear disaster.

“There is a risk of a nuclear incident at the Kursk nuclear power plant,” said Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), after visiting the facility in Kurchatov, in the Kursk region bordering Ukraine, on Tuesday.

He added that he had seen evidence of drone strikes during his visit to the plant.

“I was told today that there have been several cases of drone attacks on the site (the site of the Kursk nuclear power plant), on the facilities. The fact that there is fighting a few kilometers away from the nuclear power plant raises great concerns and anxiety about the security system,” Grossi added.

He stressed that under no circumstances should a nuclear power plant be the target of military action, nor should it be used by either side for military purposes. The director general also said that the security systems of a plant must be fully operational under all circumstances.

Grossi noted that the IAEA delegation was shown the traces of the Ukrainian attack on the Kursk nuclear power plant. Based on the evidence his team gathered, he said there could be no doubt that Ukraine carried out these strikes and where they came from.

Putin also announced on Thursday that Ukraine had attempted a drone strike on the Kursk nuclear power plant.

Grossi, who said that he had visited the reactor hall, the engine room, and the control room of an operating power plant unit — as well as the spent nuclear fuel storage — found that the Kursk plant was operating at what is very close to “normal” mode.

He stressed that the IAEA is responsible for maintaining nuclear safety and security in nuclear installations worldwide. He said that he had accepted Russian President Vladimir Putin’s invitation to visit the Kursk nuclear power plant with his team to assess the situation personally and to find solutions together with his Russian counterparts. Earlier in the day, the IAEA director general was received by Russian Deputy Foreign Minister Sergei Ryabkov.

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Ukraine attempted attack on Kurchatov nuclear power plant

“The primary goal of the Ukrainians was to seize the Kursk nuclear power plant to blackmail Russia. They failed and now they are trying to bomb him risking nuclear destruction over Europe” revealed Russian officials and the president of Russia himself who also informed the IAEA.

In more detail, Russian special forces commander “Akhmat” revealed to Russia Today Kiev’s failed plan to seize the nuclear power plant in Kursk province and use it as a bargaining chip against Moscow in possible peace negotiations.

In this way, it is supposed that Ukraine could … trade the area around the nuclear plant for some of the territory that the Russians completely control, possibly in Donbass, Kherson and Zaporizhia.

And if their… demands were not met, then they might threaten the entire Russian border province with even a nuclear disaster, betting that the Russians would not dare to hit them inside the nuclear power plant.

Chechen General Apty Alaudinov added that the actual number of Ukrainian and foreign well-trained commandos who stormed Kursk is over 11,000.

“The Ukrainians wanted to seize the Kursk nuclear power plant by August 11. Obviously they could not achieve their goal.

The Ukrainians deployed over 11,000 men. Most of the military equipment that the Ukrainians brought with them has already been destroyed. They have already wasted all the resources they had available.”

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Another Chernobyl in the Making?

Ukraine has tried to attack the Kursk nuclear power plant reinforcing a theory that the Kursk offensive was aimed at creating significant havoc by either capturing or wrecking the Kursk NPP.  

The Russian Ministry of Defense reported a single suicide drone attack on the plant.  Russian President Vladimir Putin said that “The enemy tried to strike the Nuclear Power Plant … and the International Atomic Energy Agency (IAEA) has been informed, and they have promised to visit and send specialists to assess the situation.” The head of the IAEA, Rafael Grossi, said he plans to visit the plant during the week of August 26th.

Last year there was a Ukrainian drone attack on the same facility. Nuclear Engineering International reported that in July 2023 “Unit 4 at Russia’s Kursk NPP was completely disconnected from the grid following a Ukrainian kamikaze drone carrying explosives fell near the station.”

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US Plans to Start Recycling Nuclear Waste

Despite growing recognition that nuclear energy may be the most viable solution in America’s quest for reliable low-carbon electricity, the nuclear power industry is struggling to overcome major hurdles; among them, what to do with radioactive, spent fuel.

But new efforts to recycle nuclear waste in the United States, held up for decades by legal and regulatory hurdles, could resolve that issue and more if it is allowed to flourish.

Nuclear energy has been stifled for the past 50 years by bureaucratic hurdles that have virtually stalled the construction of new nuclear plants in America. These stem from public fears following the reactor meltdowns at Chernobyl, Three Mile Island, and Fukushima, as well as from concerns about the toxicity of used nuclear fuel and its potential reuse in nuclear weapons.

Recently, however, a rare bipartisan consensus has emerged in support of nuclear power. Speaking at the 29th U.N. Climate Change Conference of the Parties (COP 29), the summit’s host Jeyhun Bayramov called for “the safe, secure, equitable, and affordable expansion of nuclear energy,” confirming that environmentalists now see nuclear energy as acceptably “clean,” alongside wind and solar.

But reviving America’s dormant nuclear power industry is another matter.

In terms of priorities, “there exists the threat of climate [change] on the Democratic side, and certainly energy security, geo-strategic [concerns], Russia, and China from the Republican side, that now we see commitments to triple nuclear by the United States and COP 29, along with 20 other countries,” Ed McGinnis, CEO of Curio, a company that plans to recycle fuel in America, told The Epoch Times.

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Ukraine Wants to Start Talks Using Kursk Nuclear Plant Seizure as Ultimatum – Akhmat Head

The Ukrainian Armed Forces went on the offensive on August 6 to seize territory in Russia’s Kursk region, but their advance was stopped, said Valery Gerasimov, chief of Russia’s General Staff. He stressed that the operation in Kursk will be completed by defeating the enemy and reaching the state border.

Units of the Russian Armed Forces are in the Kursk city of Sudzha, which the enemy does not control but there are daily clashes, commander of the Akhmat special forces Apti Alaudinov told Russian media.

“Today there are units of the Russian Defense Ministry in Sudzha. There is an enemy around and in some parts of the city. There are active clashes there every day. The enemy cannot say that he completely controls Sudzha, because he does not really control it,” Alaudinov said.

The major general also said that Kiev is planning on seizing the Kursk nuclear power plant on August 11 and use this to start negotiations with Moscow with an ultimatum.

“We received very interesting materials — the whole layout of the operation, which was being prepared, by what forces and what was planned. What can I say: on the 11th [of August] it was necessary to take the nuclear power plant in Kurchatov… [Ukrainian President] Zelensky’s blitzkrieg, which was planned with the seizure of the Kursk nuclear power plant and already entering negotiations with an ultimatum… failed,” Alaudinov explained.

The operation had not been completed, despite all the reserves directed by Kiev in this direction, Alaudinov said.

“Most of the equipment has already been destroyed from what was deployed in the Kursk direction,” Alaudinov concluded.

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Ukrainian Shelling Causes Fire at Zaporizhzhia Nuclear Power Plant

Ukrainian shelling started a fire at one of the cooling towers at the Zaporizhzhia Nuclear Power Plant, according to Zaporizhzhia’s Russian-installed governor, Yevgeny Balitsky.

The International Atomic Energy Agency (IAEA) said its experts stationed at the ZNPP, which has been under Russian control since February 2022, saw dark smoke rising at the plant after hearing multiple explosions. They were told by plant officials that one of the cooling towers was targeted by an alleged Ukrainian drone attack.

The IAEA said there was no reported impact on nuclear safety as a result of the fire, and Balitsky said radiation levels around the plant were normal.

Ukrainian President Volodymyr Zelensky is claiming that the fire was started by Russians who control the plant. The ZNPP is located in the town of Enerhodar on the south bank of the Dnieper River. Russia controls the territory on the southern bank, while Ukraine controls the territory on the northern side.

Zelensky wrote on X that a video of the fire at the plant was recorded from the city of Nikopol, which is across the river. “Enerhodar. We have recorded from Nikopol that the Russian occupiers have started a fire on the territory of the Zaporizhzhia Nuclear Power Plant,” he wrote.

Zelensky also said the radiation levels at the plant were normal. “However, as long as the Russian terrorists maintain control over the nuclear plant, the situation is not and cannot be normal,” he added.

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NATO’s Nuclear Bases Have Poisoned Water and Fish

Nuclear armed air bases at Kleine Brogel in Belgium, Büchel in Germany, Aviano and Ghedi in Italy, and Volkel in the Netherlands have poisoned the environment with PFAS.

Massive fires were intentionally lit in large fire pits at these bases and extinguished with cancer-causing fire-fighting foams during routine training exercises dating back 40 years or longer.  Afterward, the foam residue was typically allowed to run off or drain into the soil. The “forever chemicals” pollute the soil, sewers, sediment, surface water, groundwater, and the air. NATO (North Atlantic Treaty Organization) bases regularly tested sprinkler systems in hangars to create a carcinogenic foam layer to coat the expensive aircraft. The sprinkler systems often malfunctioned. The foams were sent to sewers or deposited in groundwater or surface water.

The PFAS-laden foams work miraculously well in putting out super-hot petroleum-based fires, but remarkable technologies may escape our control and imperil humanity.

Two astonishing inventions in 1938 are like Daedalus’ fastening of wings to wax: the splitting of the uranium atom by German scientists and the discovery of per – and poly fluoroalkyl substances, (PFAS) by Dupont chemists in New Jersey.  It’s not a stretch. Both nuclear weaponry and PFAS chemicals are existential threats to humanity. Their development and use are inextricably linked.

Wherever nuclear weapons are found, huge quantities of PFAS foams are ready to be used to snuff out a fire that may cause unimaginable destruction.

Like Pandora’s nightmare, once PFAS is let loose we can’t get it back in the box. We can’t get rid of it. We can’t bury it. We can’t incinerate it. We don’t know what to do with it. Notions of ”cleaning up” PFAS from these practices are largely misguided, propagandistic ploys promulgated by the U.S. military.

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Third Of Nuclear-Plant Owners In Talks With Tech Firms To Power Up AI Data Centers

Big tech firms like Amazon are actively speaking with utility companies to build artificial intelligence data centers powered by clean, reliable nuclear energy. This move aligns with the ‘Next AI Trade’ investing theme, which was introduced to pro-subs in early April. 

“The owners of roughly a third of US nuclear power plants are in talks with tech companies to provide electricity to new data centers needed to meet the demands of an artificial-intelligence boom,” the Wall Street Journal says. 

In particular, WSJ sources say Amazon Web Services is securing a deal with Constellation Energy, the largest owner of US nuclear power plants, to supply clean, reliable atomic power to a data center on the East Coast. 

This is not the first time Amazon has negotiated with utilities about nuclear power.

In March, AWS purchased power provider Talen Energy’s 1,200-acre data center campus, which is directly adjacent to its 2.5 gigawatt (GW) nuclear power at the Salem Township site in Luzerne County, Pennsylvania. 

WSJ pointed out that tech companies demanding nuclear power for AI data centers “would be effectively diverting existing electricity resources” and “could raise prices for other customers and hold back emission-cutting goals.” 

The nuclear-tech marriage has forced many Wall Street analysts in recent months to jump on the powering up America theme. Greater load demands are projected in the coming years due to AI data centers, electrification of the economy, and reshoring efforts. 

Recent estimates from North American Electric Reliability Corporation forecast that electricity growth over the next five years will increase from 2.6% to 4.7%, driven by major utilities revising up their estimates.

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Bill Gates Is Investing “Billions” In The New Wave Of Nuclear Power

It isn’t often Bill “Mr. I Know What’s Best For The Entire World” Gates comes up with an idea that we aren’t immediately skeptical of, but his recent pledge to promote next generation nuclear power sounds to us to be a common sense solution to multiple problems we’ll be facing in coming years. 

Gates is pledging billions of dollars to promote nuclear through startup TerraPower LLC, OilPrice.com wrote this week. And it looks like that number could grow. 

Gates recently told Bloomberg: “I put in over a billion, and I’ll put in billions more.”

OilPrice.com notes that nuclear power is gaining global traction as a key player in decarbonization strategies. In addition to TerraPower, companies like Sam Altman-led Oklo are also focused on modernizing nuclear with small modular reactors. 

Advocates emphasize its immense clean energy potential, proven technology, and existing infrastructure. Although not renewable, nuclear energy emits zero carbon and could help meet global emissions targets.

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