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Amazon, Talen and nuclear power
Amazon remains committed to nuclear energy deal with Talen
Adds share movement Amazon.com (NASDAQ:AMZN) has said it will continue to back a deal for an Amazon Web Services data center in Pennsylvania powered by Talen Energy's (NASDAQ:TLN) nuclear power plant.
Talen-Amazon Nuclear Power Deal Hits Speed Bump. Why Constellation Stock Is Down More.
Big tech companies need lots of electricity for their data centers, which are processing increasingly complex artificial intelligence applications.
Opinion
Amazon’s Nuclear Deal Stalled — But Its AI Power Demand Won’t
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.
Regulators deliver successive blows to Amazon and Meta’s nuclear power ambitions
A series of recent rulings from regulators dashed the Big Tech companies' hopes of finding a quick fix for their electricity needs.
Nuclear-power stocks slide after regulator rejects plan to power Amazon data center
Nuclear-power stocks fell after regulators voted against a deal between Amazon and Talen Energy. The deal would permit a Talen nuclear plant to provide an Amazon data center with extra power. Nuclear stocks have surged this year as AI data centers boost energy demand.
US regulator rejects bid to boost nuclear power to Amazon data center
The Federal Energy Regulatory Commission (FERC) rejected an effort Friday to allow an Amazon data center to tap into additional power from a nearby Pennsylvania nuclear plant. The decision could throw a wrench in efforts by large technology companies to secure so-called “behind the meter” power from nuclear plants as they seek to meet
Constellation Energy, nuclear stocks plummet after regulators block Amazon power deal
Microsoft's nuclear power partner Constellation Energy saw its stock drop on Monday as strong earnings couldn't overcome a ruling from the FERC late Friday that was pressuring nuclear stocks across the board.
US Power Stocks Slump After Regulator Rejects Nuclear Deal
Talen Energy Corp. and other US power company stocks slumped in pre-market trading Monday following the rejection by the country’s top energy regulator of Talen’s plan to supply a data center.
Big Tech nuclear power deal hits major regulatory hurdle
The Federal Energy Regulatory Commission has rejected a request to increase the energy sent to Amazon's data centers from a Pennsylvania nuclear plant.
Nuclear-Power Companies Hit by U.S. Regulator’s Rejection of Amazon-Talen Deal
Talen said it believed FERC had erred and was evaluating its options. The company can still restructure its expanded deal with Amazon, according to Oppenheimer analysts.
U.S. power stocks slump after regulator rejects Amazon-Talen nuclear deal
Talen Energy and other U.S. power company stocks slumped Monday following the rejection by the country's top energy regulator of Talen's plan to supply an Amazon.com data center. The Federal Energy Regulatory Commission voted 2-1 late Friday against the
1d
on MSN
Why Oklo, Nano Nuclear, and NuScale Power Stocks All Dropped Today
And seeing as Oklo stock has more than doubled over the last 12 months, while Nano Nuclear has nearly quadrupled, and NuScale ...
1d
on MSN
Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in ...
11d
on MSN
Big Tech goes nuclear: Amazon's pitch to use power plants shows the crucial role the energy source plays for AI
Big Tech, including Amazon and Microsoft, is pursuing nuclear power to meet soaring energy demands for generative AI and data ...
1d
Nuclear-Hungry AI Campuses Need New Strategy to Find Power Fast
Tech giants looking to quickly power massive artificial intelligence centers will need new plans after US regulators quashed ...
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