Trump DOE gives Microsoft partner $1B loan to restart Three Mile Island reactor

The U.S. Department of Energy (DOE) has awarded a $1 billion loan to Constellation Energy, a partner of Microsoft, to restart the Three Mile Island nuclear reactor. The reactor was idled in 2019, and the loan will be used to refurbish the facility. Once the reactor is operational, expected in 2028, Microsoft has agreed to purchase the generated power. The loan is part of the DOE's efforts to support the nuclear energy industry and promote clean energy sources. The Three Mile Island reactor is a significant asset, and its restart is expected to contribute to the nation's energy mix and potentially create new jobs in the region. The article highlights the collaboration between Constellation Energy and Microsoft, as well as the government's role in facilitating the project through the loan. It remains to be seen how the restart of the Three Mile Island reactor will impact the energy landscape and the broader transition towards renewable and low-carbon energy sources.