Trump admin pours $1B into massive effort to restart nuclear reactor at historic meltdown site
Three Mile Island is getting a jolt back to life, courtesy of a $1 billion Trump administration loan to restart its nuclear reactor.The Department of Energy announced Tuesday a cash...
By Fox News · Fox News
Three Mile Island is getting a jolt back to life, courtesy of a $1 billion Trump administration loan to restart its nuclear reactor. The Department of Energy announced Tuesday a cash infusion in the form of a $1 billion loan to Baltimore-based Constellation Energy to restart a nuclear reactor at the site that has the potential to better secure the Mid-Atlantic grid and power as many as 800,000 homes on renewable power. The Three Mile Island site in Dauphin County, Pennsylvania melted down in 1979 when a loss-of-coolant malfunction released radioactive iodine, but one of the reactors remained operational for several years. "One of the biggest challenges American people have faced over the last several years has been the rising price of electricity ... and when we arrived; the Trump administration ; in town there were plans to close 100gW more of affordable, reliable, secure dispatchable electricity generation," Energy Secretary Chris Wright said. ARMY’S NUCLEAR COMEBACK: SWEEPING NEW PROGRAM AIMS TO BREAK ‘TYRANNY OF FUEL’ AT BASES ACROSS THE GLOBE "We want to bring as much net addition of dispatchable, reliable electricity onto the grid to stop these price rises in electricity and increase American capacity to generate firm, reliable, electricity so we can reassure manufacturing in our country, and we can stay ahead in the AI race," Wright said. While Reactor Unit Two has remained offline since its malfunction that March morning, Reactor Unit One kept running until the 2010s, when its owners shut it down, citing primarily economic reasons. Constellation Energy previously announced it had hoped to use the site in the future to power AI data centers after forging a deal with Microsoft. 'WEB OF DARK MONEY' TIED TO OBAMA, DEMS FUELS GREEN OPPOSITION TO CRUCIAL TRUMP ENERGY PLAN In July, the Nuclear Regulatory Commission held a public meeting at Penn State—Harrisburg to discuss reopening the facility, now called the Crane Clean Energy Center. Energy Department Loan Prog…