The Trump administration said on Tuesday it has loaned Constellation Energy Corp CEG.O $1 billion to restart its nuclear reactor at a Pennsy
The Trump administration wants to restart the Three Mile Island nuclear power plant in Pennsylvania.
If that name rings a bell, it's because Three Mile Island was the site of the worst nuclear accident in US history. Here's a 13 minute documentary on the 1979 nuclear crisis at the plant.
It took decades and hundreds of millions of dollars to deal with this accident. In the late 1980s it was determined that 52% of the nuclear core at Three Mile Island Unit 2 (TMI-2) had melted down and that molten fuel had poured into bottom of reactor vessel during the 1979 emergency.
In 2019, the unaffected reactor (TMI-1) at Three Mile Island was powered down because it had become unprofitable.
The demand for power to feed the AI frenzy is likely the reason the Trump administration is now throwing taxpayer dollars at dubious projects like Three Mile Island.