((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))
November 4 – ** Shares of nuclear energy companies fell after energy regulators rejected the deal between Amazon.com AMZN.O and Talen Energy TLN.O to use more energy nuclear power to meet the growing electricity demand of a data center
** Late Friday, the Federal Energy Regulatory Commission (FERC) said the deal to increase capacity at the Internet retail giant’s data center at Talen’s Susquehanna nuclear power plant site could make increase electricity bills for the public and affect grid reliability ** Actions by Constellation Energy CEG.O, which plans to restart the Three Mile Island power plant in Pennsylvania to sell electricity to Microsoft MSFT.O , fall 11% despite higher profits and forecasts for the third quarter
** Other electricity companies with a strong nuclear component fell during the session: Vistra VST.N 3%, NuScale Power SMR.N >2%, Public Service Enterprise PEG.N >6%, Nano Nuclear Energy NNE.O 11% ** Centrus Energy LEU.N falls more than 25% after announcing $350 million convertible debt deal ** Oklo’s OKLO.N stock, backed by Sam Altman, fell 6% on Monday , falling for the fourth consecutive day, after climbing to record levels recently
Business