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Amazon, Talen Energy
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.
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.
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.
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.
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.
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 Blocks PJM Proposal to Expand Amazon Data Center Load at Susquehanna Nuclear Plant
The Federal Energy Regulatory Commission (FERC) has rejected an amended interconnection agreement that would have supported expanded co-located load at an
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.
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
15h
FERC’s AWS, Talen Energy ruling ‘not the final word’ on nuclear, data center colocation: Constellation CEO
The company’s “foot is on the accelerator” to close data center deals as it works to restart Three Mile Island Unit 1 by 2027 ...
2d
Talen Energy Statement on FERC Order Rejecting Susquehanna ISA
Importantly, the existing ISA allows for 300 megawatts of co-located load at Susquehanna, and development of the first phases of the Amazon Web Services (“AWS”) data center campus can proceed using ...
1d
Constellation seeks data centers at power plants despite regulatory setback
Constellation Energy will continue to pursue deals to develop data centers on the sites of its U.S. power plants, days after ...
1d
on MSN
Nuclear Stocks Are Tumbling Monday: What's Going On?
Nuclear stocks are trading lower across the board on Monday after regulators rejected Talen Energy Corp's (NASDAQ:TLN) plans ...
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