Latest news with #carbonfree
Telegraph
3 days ago
- Business
- Telegraph
Spain's power cut shows the risks of gas-free Britain
Britain's National Energy System Operator (Neso) has set an ambition to run the power grid without gas by the end of this year. It's just a trial period but Neso has said it is a glimpse of what the future holds. It has already boasted of running '95pc carbon-free', although this has only been possible because of a quirk of carbon accounting rules that designates the burning of wood at an industrial scale as zero carbon. That is despite the carbon dioxide emissions from so-called wood-pellet biomass being higher than for the coal it replaced. Go figure. Whether Neso's ambition to be totally gas-free will be possible even with the dodgy carbon accounting rules is unclear. In the summer months, gas power stations are often turned up by the system operator in order to stabilise the grid – not through the power they provide so much as the way they work. Gas power stations generate electricity through turbines, which generate something called inertia. This is important to control voltage across the network. The basis of our power grid is alternating current, linked to the speed of turbine rotation. But the way we generate out electricity is changing. The energy transition has seen a major deployment of wind and solar farms. These typically produce direct current, which is different to the alternating current our grid uses. It is converted to alternating current using electronic devices. Not only do wind and solar not produce the alternating current required by the grid, they also lack inertia. As we replace conventional generation with renewables, we reduce the amount of inertia on the grid. This makes it less resilient to faults, which can disrupt the frequency. Why? Because conventional gas or coal generators are big, heavy machines that resist changes to their speed of rotation. They act as a brake, slowing changes in grid frequency.
Yahoo
5 days ago
- Business
- Yahoo
Talen Energy Secures Nuclear Energy Deal with Amazon
Talen Energy Corporation (NASDAQ:TLN) is included among the Best Nuclear Energy Stocks to Buy Right Now. The company made headlines recently when it was announced that Amazon had signed a deal with the utility to secure 1.92 GW of carbon-free electricity for AWS data centers. An aerial view of a nuclear plant, its domes casting a unique shadow. The electricity will be sourced from Talen's Susquehanna nuclear plant and delivered under a long-term power purchase agreement through 2042, with potential for extension. The two companies will also explore constructing new small modular reactors within Talen's Pennsylvania footprint, with the partnership also pursuing uprates to expand the nuclear plant's energy output. Mac McFarland, President and CEO at Talen Energy Corporation (NASDAQ:TLN), stated: 'Our agreement with Amazon is designed to provide us with a long-term, steady source of revenue and greater balance sheet flexibility through contracted revenues. We remain a first mover in this space and intend to continue to execute on our data centre strategy.' It needs mentioning that Talen Energy Corporation (NASDAQ:TLN) already signed a deal with AWS last year to power a 960 MW data center for the cloud service provider. The first phase for up to 300 MW of power is in place, but the additional phases are under review by the Federal Energy Regulatory Commission. Talen Energy Corporation (NASDAQ:TLN) has surged by more than 30% since the beginning of the year. Talen Energy Corporation (NASDAQ:TLN) is a leading independent power producer and energy infrastructure company with 10.7 GW of generation assets, including 2.2 GW of nuclear power. While we acknowledge the potential of TLN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Tahawul Tech
12-06-2025
- Business
- Tahawul Tech
Amazon enters nuclear energy partnership to power data centres
U.S. utility Talen Energy announced recently that it had entered into an expanded nuclear energy partnership with to supply energy to Amazon Web Services (AWS) data centres. The long-term deal, lasting until 2042, ensures Talen a stable revenue stream while supporting Amazon's demand for carbon-free energy to power its AI and cloud operations. Both companies will also explore building new Small Modular Reactors within Talen's Pennsylvania footprint and pursue expanding the nuclear plant's energy output. 'We are making the largest private sector investment in state history – $20 billion– to bring 1,250 high-skilled jobs and economic benefits to the state, while also collaborating with Talen Energy to help power our infrastructure with carbon-free energy', Kevin Miller, AWS Vice President of Global Data Centres, said. Source: Reuters Image Credit: Amazon/Stock Image
Reuters
11-06-2025
- Business
- Reuters
Talen Energy and Amazon sign nuclear power deal to fuel data centers
June 11 (Reuters) - U.S. utility Talen Energy (TLN.O), opens new tab announced on Wednesday an expanded nuclear energy partnership with (AMZN.O), opens new tab to supply up to 1,920 megawatts of electricity from its Susquehanna plant in Pennsylvania to Amazon Web Services (AWS) data centers. The long-term deal, lasting until 2042, ensures Talen a steady, long-term revenue stream while supporting Amazon's growing demand for carbon-free energy to power its AI and cloud operations. Both companies will also explore building new Small Modular Reactors within Talen's Pennsylvania footprint and pursue expanding the nuclear plant's energy output. U.S. electricity demand has risen for the first time in two decades, driven by the rapid growth of data centers and artificial intelligence, prompting Big Tech companies to scramble for reliable energy sources. Earlier in the month, Constellation Energy (CEG.O), opens new tab struck an agreement with Meta Platforms (META.O), opens new tab to keep one of the reactors in Illinois operating for 20 years. Talen Energy shares rose nearly 8% in the premarket trading. "We are making the largest private sector investment in state history – $20 billion– to bring 1,250 high-skilled jobs and economic benefits to the state, while also collaborating with Talen Energy to help power our infrastructure with carbon-free energy," Kevin Miller, AWS vice president of global data centers, said.
CNA
11-06-2025
- Business
- CNA
Talen Energy and Amazon sign nuclear power deal to fuel data centers
U.S. utility Talen Energy announced on Wednesday an expanded nuclear energy partnership with to supply up to 1,920 megawatts of electricity from its Susquehanna plant in Pennsylvania to Amazon Web Services (AWS) data centers. WHY IT'S IMPORTANT The long-term deal, lasting until 2042, ensures Talen a steady, long-term revenue stream while supporting Amazon's growing demand for carbon-free energy to power its AI and cloud operations. Both companies will also explore building new Small Modular Reactors within Talen's Pennsylvania footprint and pursue expanding the nuclear plant's energy output. CONTEXT U.S. electricity demand has risen for the first time in two decades, driven by the rapid growth of data centers and artificial intelligence, prompting Big Tech companies to scramble for reliable energy sources. Earlier in the month, Constellation Energy struck an agreement with Meta Platforms to keep one of the reactors in Illinois operating for 20 years. MARKET REACTION Talen Energy shares rose nearly 8 per cent in the premarket trading. KEY QUOTES "We are making the largest private sector investment in state history – $20 billion– to bring 1,250 high-skilled jobs and economic benefits to the state, while also collaborating with Talen Energy to help power our infrastructure with carbon-free energy," Kevin Miller, AWS vice president of global data centers, said.
