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Talen Energy Lifts Guidance. Stock Is Rising Even
Talen Energy says may ask FERC to reconsider rejection of Amazon nuclear deal
Talen Energy (NASDAQ:TLN) +2.8% in Thursday's trading after saying it may file a new motion with the Federal Energy Regulatory Commission to seek approval of its agreement to supply more electricity to an Amazon data center connected to its nuclear power plant in Pennsylvania.
Talen Energy Lifts Guidance. Stock Is Rising Even After Amazon Nuclear Deal Fell Through.
Talen’s stock is rising after the electricity producer lifted the lower end of its Ebitda and free cash flow guidance.
Talen Eyes Options for Amazon Data Center After Regulator Rejection
The Federal Energy Regulatory Commission this month struck down the deal to increase the capacity of the data center at Talen's Susquehanna plant to 480 megawatts from 300 megawatts, noting that diverting power to a single customer could raise power bills in the region and cause grid reliability problems.
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.
What the FERC Amazon data center slapdown means for nuclear
The commission’s ruling against linking the technology giant’s facility with a Pennsylvania reactor spurred a drop in nuclear stock prices.
Nuclear Hitch: Can FERC Rejection Threaten Data Center Power Deals?
The Federal Energy Regulatory Commission voted 2-1 to reject a request by plant owner Talen Energy and PJM to transfer some 480 MW of power to help support a new data center
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
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.
Yahoo
1d
5 nuclear energy startups that Google, Amazon, Bill Gates, and Sam Altman are into
X-
energy
(not pictured) was founded in 2009. - Photo: Chris Ratcliffe/Bloomberg Creative (Getty Images)
Amazon
announced ...
TechCrunch on MSN
9d
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 ...
3d
on MSN
Billionaires Bill Gates, Jeff Bezos, and Sam Altman Are Investing in Nuclear Energy Hand Over Fist. Should You?
Billionaires Bill Gates, Jeff Bezos, and Sam Altman Are Investing in Nuclear Energy Hand Over Fist. Should You?
Recharge
2h
'Renewables risk losing the AI data centre power prize to nuclear or even gas'
The boom in demand presents an unprecedented opportunity for wind and solar – but only if it innovates rapidly, writes Luca ...
Investor's Business Daily on MSN
4h
Nuclear Company Reports Earnings Fresh Off Regulators Rejecting Amazon Deal
Talen Energy reports third-quarter earnings and revenue early Thursday, giving investors a chance to hear from the company ...
Money Talks News on MSN
1d
Amazon and Google Invest in Nuclear Power to Offset AI's Carbon Footprint
As AI adoption soars, major tech companies like Amazon and Google are turning to nuclear energy to offset the increased ...
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