General Tech

Trump DOE loans $5B to nuclear plants that will power data centers

The Trump administration is providing a $5 billion loan to Constellation Energy to upgrade eight nuclear power plants, which will add 1.1 gigawatts of capacity. The additional power from seven of the facilities has been committed to Google, Meta, or Amazon, with Google buying power from five plants, Amazon from one, and Meta from one. The upgrade will allow the plants to use more highly enriched uranium and upgrade equipment to handle increased power levels. The eight plants are located in Illinois, Maryland, and Pennsylvania, with the Illinois plants being Braidwood, Byron, Clinton, Dresden, LaSalle, and Quad Cities, the Maryland plant being Calvert Cliffs, and the Pennsylvania plant being Limerick. Constellation Energy has already committed to spending over $7 billion to add 1,080 megawatts of nuclear capacity to deliver power to the tech companies.

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