Regulators Block Amazon's Nuclear Power Deal, Energy Stocks Dive
TL;DR Summary
The Federal Energy Regulatory Commission (FERC) has rejected a proposal to allow an Amazon data center to access additional power from a nearby Pennsylvania nuclear plant. This decision complicates efforts by tech companies to secure "behind the meter" nuclear power to meet the rising energy demands of AI. The 2-1 decision, with Republican commissioners outvoting the Democratic chair, highlights concerns over grid reliability and consumer costs. Despite this setback, tech giants like Amazon and Google continue to pursue nuclear energy deals to support their data centers and sustainability goals.
- US regulator rejects bid to boost nuclear power to Amazon data center The Hill
- Constellation Energy, nuclear stocks plummet after regulators block Amazon power deal Yahoo Finance
- Amazon Still Backs Talen Nuclear Deal After Regulator Rejection Bloomberg
- Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement CNBC
- Talen Stock Falls on Amazon Nuclear Power Setback. Constellation, Vistra Down, Too. Barron's
Reading Insights
Total Reads
0
Unique Readers
7
Time Saved
2 min
vs 3 min read
Condensed
82%
498 → 89 words
Want the full story? Read the original article
Read on The Hill