Three Mile Island Poised to Deliver Nuclear Power Ahead of Plan

June 25, 2025 07:30 AM PDT | By EODHD
 Three Mile Island Poised to Deliver Nuclear Power Ahead of Plan
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(Bloomberg) -- Constellation Energy Corp.’s efforts to restart the Three Mile Island plant are moving faster than expected, with the company now saying the Pennsylvania nuclear site will begin producing power earlier than forecast. Most Read from Bloomberg Bezos Wedding Draws Protests, Soul-Searching Over Tourism in Venice US Renters Face Storm of Rising Costs US State Budget Wounds Intensify From Trump, DOGE Policy Shifts Commuters Are Caught in Johannesburg's Taxi Feuds as Transit Lags The project could restart as early as 2027, the company said in a statement Wednesday. That compares with the original projection of 2028. Three Mile Island is one of two US nuclear plants that were shut down in recent years for economic reasons, but are now being revived to meet surging demand for power. Once operational, it will deliver electricity to Microsoft Corp., which needs carbon-free energy for its artificial intelligence systems.

US interest in nuclear energy is booming, driven by the growing need for electricity to power data centers, factories and increasingly electrified homes. New York announced Monday plans to build a new reactor in the state, and Holtec International is working to restart the Palisades plant in Michigan, which shut down in 2022. In May, President Donald Trump signed orders to help accelerate the construction of nuclear power plants. Three Mile Island has been renamed the Crane power plant, honoring a CEO of Constellation’s former parent company who died in 2024. Constellation is working to restart the Unit 1 reactor, which shut down in 2019.

Unit 2, which was the site of a partial meltdown in 1979, is being decommissioned. Most Read from Bloomberg Businessweek Inside Gap’s Last-Ditch, Tariff-Addled Turnaround Push Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags How to Steal a House Ken Griffin on Trump, Harvard and Why Novice Investors Won’t Beat the Pros Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? ©2025 Bloomberg L.P. View Comments

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