Amazon's Nuclear Data Center Plans Hit Regulatory Roadblock, Stocks Tumble

Amazon's plans to power its US datacenters with nuclear energy have been stalled after the Federal Energy Regulatory Commission (FERC) rejected a deal to increase power from the Susquehanna nuclear plant. The decision was influenced by concerns from utility companies about grid reliability and potential preferential treatment. FERC found that the proposed amendments lacked sufficient justification and could set a precedent affecting future grid arrangements. This highlights the challenges datacenter operators face in securing energy for expanding AI-driven services.