Big Tech nuclear power deal hits major regulatory hurdle

Published November 4, 2024 11:01am ET



Traders may be having doubts regarding the strength and viability of partnerships between Big Tech and energy companies backing nuclear as federal regulators blocked a request to expand nuclear power set to support an Amazon data center. 

On Friday, the Federal Energy Regulatory Commission rejected a request from Talen Energy to expand the energy produced at its Susquehanna nuclear plant in Pennsylvania for Amazon, citing the possibility of higher bills for customers and risks to grid reliability. 

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