news-details

Restarting nuclear power plants: the unprecedented gamble in the US

Two American energy companies are each preparing to bring a nuclear power station back into service, an unprecedented operation which should help meet the growing need for electricity in the United States.

With demand for nuclear energy rising in the wake of Russia's invasion of Ukraine and the US government eager to transition to carbon-free resources, the calculus has changed on the shuttered nuclear plants.

On Friday, Constellation Energy unveiled plans to restart a reactor at Pennsylvania's Three Mile Island, which was closed for economic reasons in 2019. The plant was the site of the worst commercial nuclear power accident in US history in 1979.

The relaunch initiative is part of a 20-year electricity supply contract with Microsoft.

Last October, Holtec started the ball rolling by filing an application with the US Nuclear Regulatory Commission (NRC) to resume operation of the Palisades nuclear plant in Michigan, which was shut down in 2022.

Related Posts
Advertisements
Market Overview
Top US Stocks
Cryptocurrency Market