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Amazon, Talen Energy
Amazon to proceed with data center expansion despite FERC decision to limit power
Amazon’s (NASDAQ:AMZN) plan to build a data center powered by a Pennsylvania nuclear power plant has not changed, even as the top U.S. energy regulator has turned down a request to increase power to the facility.
Talen and Amazon Stocks Down After FERC Rejects Nuclear Power Deal
Talen Energy (TLN) and Amazon (AMZN) shares fell over 2% and 1%, respectively, on Monday. The decline came after the U.S. Federal Energy Regulatory Commission (FERC) denied a request to increase the power supply from TLN’s Susquehanna nuclear plant to AMZN’s data center campus.
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 Grid Connection Pact for Amazon Pa. Data Centers
Nuclear plant owner Talen Energy Corp. says an initial 300 MW of data center development can proceed despite feds' rejection of grid link agreement to its Susquehanna facility in Pennsylvania's Luzerne County,
FERC rejects nuclear-powered expansion of Amazon data center
Democratic Chair Willie Phillips dissented, arguing that the order was a roadblock to "a new phase in the energy transition."
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
FERC rejects amended interconnection agreement for Amazon data center at Susquehanna nuclear plant
The commission agreed with opponents of the proposal, citing concerns about grid reliability and cost fairness.
Is Talen Energy stock still a buy after FERC blocks Amazon deal?
Discover if Talen Energy (TLN) remains a buy after FERC's Amazon deal block. Analyze key price levels and future prospects.
Constellation Energy tops S&P losers list on Amazon nuclear power deal setback
Constellation Energy ( NASDAQ: CEG) -10.1%, the biggest loser on the S&P 500, in early trading Monday after the Federal Energy Regulatory Commission on Friday rejected the amended PJM interconnection agreement for an Amazon ( AMZN) data center connected directly to rival Talen Energy's (NASDAQ: TLN) Susquehanna nuclear power plant in Pennsylvania.
FERC blocks plan for Susquehanna nuclear plant interconnection to Amazon data center
The proposal aimed to revise an ISA involving PJM, the regional grid operator, Susquehanna Nuclear, which owns the power plant, and transmission owner PPL Corp. The amendment would boost the data center's shared power demand from 300MW to 480MW.
Talen Down After FERC Rejects Amazon Data-Center Nuclear Deal
The Amazon data center is located close to Talen's Susquehanna nuclear power plant in Pennsylvania, as previously reported. The amended interconnection deal would have supplied more power directly from the plant to the data center. But the deal would have diverted power currently going to the general regional grid.
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15h
Amazon remains committed to nuclear energy deal with Talen
Members of
FERC
said the deal could raise power bills for the public and affect the grid's reliability. The
Amazon
-Talen ...
1d
AEP, others press for FERC guidance on ‘gargantuan’ issue of data center colocation
Google is interested in colocation to meet its data center needs, not to avoid grid costs, said Brian George, the company's U.S. federal lead for global energy market development.
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