(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.
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