The Trump administration is issuing a $1 billion loan to reestablish a nuclear power plant at Pennsylvania’s Three Mile Island that’s been offline for five years.
The U.S. Department of Energy announced on Tuesday that it would help finance the Crane Clean Energy Project, supporting Constellation Energy in its effort to revive Three Mile Island Unit 1. Constellation is working with Microsoft to help offset the tech company’s mounting carbon emissions, which are largely due to data centers being used to power the artificial intelligence boom.
Bringing it back
The Three Mile Island Unit 1 reactor was shut down in 2019 after the state legislature failed to pass a bill that would continue to subsidize the plant. The plant’s closure took place 40 years after a cooling malfunction caused

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