Constellation Energy said it signed a 20-year power purchase agreement with Microsoft on September 20, 2024. The company said Microsoft will buy the output of the restarted Three Mile Island Unit 1 to help power its data centers in PJM with clean energy.

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   Constellation Energy said it signed a 20-year power purchase agreement with Microsoft on September 20, 2024. The company said Microsoft will buy the output of the restarted Three Mile Island Unit 1 to help power its data centers in PJM with clean energy.

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   The company said it will rename Three Mile Island Unit 1 the Crane Clean Energy Center. It said the restart and power delivery are subject to approval from the U.S. Nuclear Regulatory Commission and state and local permits. The plant was retired in 2019 for economic reasons.

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   Constellation said it will separately pursue a renewed license that would extend plant operations to at least 2054. The company said it expects the plant to be ready for service in 2028.

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   The company said the agreement will add about 835 megawatts of carbon-free energy and create 3,400 direct and indirect jobs, and will generate more than $3 billion in state and federal taxes. It also said it has committed an additional $1 million in philanthropic giving to the region over the next 5 years.

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Original filing

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