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U.S. power and utility companies saw major developments last week as rising AI-driven electricity demand fueled new investments, while concerns over consumer costs and regulatory scrutiny complicated consolidation efforts in the sector.
Google and Constellation Energy Corporation, an American energy company, have signed a 20 year power purchase agreement (PPA) to add 890 MW of nuclear capacity to the PJM Interconnection grid through…
A 20-year contract funds upgrades at 11 reactors in PJM. The next milestones are NRC approvals and a FERC ruling on how the grid counts the new output.