The U.S. Department of Energy has announced a $1 billion loan to Constellation Energy to facilitate the restart of the Three Mile Island nuclear reactor, which has been shut down since 2019. This decision comes after Microsoft agreed to purchase all the electricity generated by the plant for the next two decades.
The specific terms of the loan agreement have not been disclosed. The Three Mile Island facility, located in Pennsylvania, is known for its historical significance in the nuclear energy sector.
This development aligns with recent efforts to enhance energy production and sustainability in the United States. For more on related coverage, see recent developments in energy policy.
Image for U.S. Department of Energy loans Constellation Energy $1 billion to restart Three Mile Island reactor
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