Crane Clean Energy Center (CCEC)
DOE awarded Constellation a $1 billion loan for its Crane Clean Energy Center project, which will cut financing costs for the nuclear unit restart.
Constellation Energy said the former Three Mile Island could come back online as the Crane Clean Energy Center a year earlier than initially expected.
PJM selected 51 projects to receive expedited interconnection studies through its Reliability Resource Initiative, adding 11,793 MW of nameplate capacity to the next study cycle.
Data centers and other concentrated electric consumers increasingly seek to buy their power directly through nuclear generators in PJM.
Constellation Energy plans to reopen Three Mile Island Unit 1 under a power purchase agreement with Microsoft to sell about 835 MW to serve the company’s data centers.
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