Manchin’s Act to Revive Nuclear Plants, Boost US Innovation

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Senator Joe Manchin has applauded a tentative agreement between Constellation Energy and Microsoft to reopen a Three Mile Island nuclear unit near Harrisburg, Pennsylvania, that was closed five years ago due to economic conditions. The deal, along with the reopening of the Holtec Palisades facility in Michigan, is supported by Manchin’s Inflation Reduction Act, with the Department of Energy committing a loan guarantee of up to $1.52 billion. Manchin praised the deal as an essential move to meet the rising energy demands of artificial intelligence and manufacturing, bringing reliable, clean energy onto the grid to secure energy safety.

September 23, 2024

Senator Joe Manchin (I-WV), Chairman of the Senate Committee on Energy and Natural Resources, commended the potential deal between Constellation Energy and Microsoft to reactivate the Three Mile Island nuclear unit in Harrisburg, Pennsylvania. The unit was closed five years prior due to economical constraints. The deal is contingent upon a 20-year power purchase agreement between the businesses and would qualify the facility for the Clean Energy Tax Credits within Manchin’s Inflation Reduction Act. This follows the U.S. Department of Energy’s earlier commitment of up to $1.52 billion for a loan guarantee to refurbish the Holtec Palisades nuclear plant in Covert Township, Michigan under the same Act.

Chairman Manchin emphasized the need for nuclear power in facing the growing energy requirements of AI and manufacturing. He expressed his support for the efforts of Constellation and Microsoft to restore the Three Mile Island facility and bolster energy security with reliable, clean energy. He proudy highlighted the success of the Inflation Reduction Act in aiding the revamp of two nuclear power plants essential for energy security.

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