Trump Administration Loans $1B to Restart Nuclear Reactor
Update: 2025-11-18
Description
The Trump administration has approved a $1 billion loan to Constellation Energy Corporation to restart the Crane Clean Energy Center nuclear reactor in Pennsylvania, previously known as Three Mile Island. This reactor, which has been offline since 2019, will now power Microsofts data centers, aligning with the U.S.s first power demand increase in two decades, driven by AI and other technologies. Despite the plants history of accidents and ongoing waste storage challenges, the restart is expected to bolster the regional power grid, offering stable and affordable base load electricity.
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