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Google and Constellation strike $4.3 billion nuclear power deal
Published Source: CryptoPolitanRead original
Crypto Insight Summary: Google and Constellation Energy have signed a 20-year power purchase agreement that will add 890 megawatts of new nuclear capacity to the PJM Interconnection grid, with Constellation investing about $4.3 billion to fund the project. None of the new capacity involves building any reactors from scratch, as Constellation plans to squeeze even more output from... Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Nuclear power deal is unrelated to crypto markets.