U.S. Backs Nuclear Plant Restart as AI Power Demand Soars ...Middle East

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U.S. Backs Nuclear Plant Restart as AI Power Demand Soars
source : OILPRICE ( Middle East ) () 44
The U.S. Department of Energy is extending a $1-billion loan to help Constellation Energy restart the Three Mile Island Unit 1 nuclear reactor to add baseload power to the grid and help the AI advancement in the United States.  “Funded by the Energy Dominance Financing Program, this interest-bearing loan will lower Constellation's cost of financing and leverage private investment to restore reliable nuclear energy to the grid and help America win the AI race,” said Constellation Energy, the biggest owner of U.S. nuclear power plants. …

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