Microsoft Deal Would Reopen Three Mile Island Nuclear Plant to Power AI
Microsoft has signed a deal with Talen Energy to reopen the Three Mile Island nuclear plant to power its AI systems.
The plant, which was the site of a partial nuclear meltdown in 1979, has been closed since 1999.
Under the terms of the deal, Microsoft will pay Talen Energy $626 million to reopen and operate the plant for the next 10 years. The plant will generate electricity that will be used to power Microsoft's data centers, which are used to store and process data for its cloud computing services.
The deal is a major victory for Microsoft, which has been looking for ways to reduce its carbon footprint. The company has pledged to become carbon negative by 2030, and the use of nuclear energy is a key part of that plan.
The deal is also a major boost for Talen Energy, which has been struggling financially in recent years. The company has been losing money on its coal-fired power plants, and the closure of Three Mile Island has been a major blow.
The deal is expected to create hundreds of jobs in the local community. It is also expected to boost the local economy, as the plant will generate millions of dollars in tax revenue.
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