“The Energy Department announced it closed a $1 billion loan to accelerate the restart of a Pennsylvania nuclear power plant that will deliver 850 megawatts of electricity.”
The DOE finalized a billion-dollar loan to restart a Pennsylvania nuclear facility, part of a broader push to bring shuttered reactors back online to meet surging electricity demand from data centers and AI workloads. The 850-megawatt plant joins Michigan’s Palisades in the wave of nuclear restarts. Tech companies concerned about power availability have driven increased interest in nuclear, geothermal, and energy storage as they build out AI infrastructure across the US.