financetom
Business
financetom
/
Business
/
Constellation Energy seeks grid tariff rules for co-located data centers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Constellation Energy seeks grid tariff rules for co-located data centers
Nov 26, 2024 5:45 AM

Nov 26 (Reuters) - Constellation Energy ( CEG ) has

called on the nation's largest grid operator to include in its

tariff rules guidance for interconnected electricity suppliers

to follow when supplying to data centers located next to power

plants.

In a complaint filed against PJM Interconnection with the

Federal Energy Regulatory Commission on Friday, Constellation

alleged that some local utilities are using the lack of such

rules to thwart competition from power generators by opposing

the so-called co-located data centers.

The federal regulator earlier in November had rejected an

agreement to increase the power capacity of a data center

connected directly to a nuclear plant in Pennsylvania, citing

risks to grid reliability and a rise in costs for consumers.

Constellation, which is the largest operator of U.S. nuclear

power plants, had backed Talen Energy ( TLN ) in that regulatory

battle.

Connecting large data centers directly with power plants has

emerged as a major priority for Big Tech's plans to quickly

access large amounts of power for its AI expansion instead of

waiting for years to connect to the grid.

Constellation also said utility firm Exelon ( EXC ), its

former parent, refusing to finish interconnection work at the

LaSalle nuclear plant to support co-location of a data center

could add $15 million to $19 million in costs.

PJM, Constellation and Exelon ( EXC ) did not immediately respond to

requests for comment.

A time-consuming complaint would prove to be negative for

the power companies, Jefferies analysts said in a note.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Entire families killed during Syria's violence, UN says
Entire families killed during Syria's violence, UN says
Mar 11, 2025
GENEVA, March 11 (Reuters) - Entire families including women and children were killed in Syria's coastal region as part of a series of sectarian killings by rival groups, the U.N human rights office said on Tuesday. Pressure has been growing on Syria's Islamist-led government to investigate after reports by a war monitor of the killing of hundreds of civilians in...
--Lyft Working on Simplified Version of App for Elderly Riders, Bloomberg Reports
--Lyft Working on Simplified Version of App for Elderly Riders, Bloomberg Reports
Mar 11, 2025
01:54 PM EDT, 03/11/2025 (MT Newswires) -- Price: 11.23, Change: -0.26, Percent Change: -2.22 ...
Firms that issue green bonds better at tackling emissions, study shows
Firms that issue green bonds better at tackling emissions, study shows
Mar 11, 2025
LONDON (Reuters) - Companies that issue green bonds tend to be better at reducing their greenhouse gas emissions, especially in heavily polluting sectors, new analysis from the Bank for International Settlements has shown. The study published on Tuesday was evaluating the impact of the near $3 trillion green bond market, where companies raise capital for projects that limit climate change...
Clean Harbors Insider Sold Shares Worth $518,949, According to a Recent SEC Filing
Clean Harbors Insider Sold Shares Worth $518,949, According to a Recent SEC Filing
Mar 11, 2025
01:48 PM EDT, 03/11/2025 (MT Newswires) -- Robert Speights, President, Industrial Services, on March 10, 2025, sold 2,725 shares in Clean Harbors ( CLH ) for $518,949. Following the Form 4 filing with the SEC, Speights has control over a total of 40,008 common shares of the company, with 40,008 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/822818/000141588925007628/xslF345X05/form4-03112025_050322.xml Price: 190.08, Change: +1.94,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved