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Constellation

Constellation Energy to Restart Three Mile Island Nuclear PlantIn a bold move to address the growing energy demands of the tech sector, Constellation Energy (NASDAQ: NASDAQ:CEG ) announced plans to restart the Unit 1 reactor of the historic Three Mile Island nuclear plant. The power generated from this reactor will be sold to Microsoft under a groundbreaking 20-year agreement, marking a major development in the energy and technology industries. Powering AI and Data Centers Constellation’s decision to bring the reactor back online, expected in 2028, reflects the immense power needs of modern data centers—especially as artificial intelligence (AI) continues to grow. AI systems and data centers require vast amounts of electricity, and tech companies like Microsoft are seeking innovative ways to ensure their energy consumption aligns with carbon-free goals. By securing nuclear energy from Three Mile Island, Microsoft is taking a significant step toward decarbonizing its operations, part of its commitment to become carbon negative. Bobby Hollis, Vice President of Energy at Microsoft, called the deal “a major milestone in Microsoft's efforts to help decarbonize the grid,” emphasizing how crucial clean energy is for the tech industry. A Historic Rebirth of Nuclear Power The Unit 1 reactor, which was shut down in 2019 due to economic challenges posed by cheaper natural gas and renewable energy sources, is being revived as part of a $1.6 billion investment by Constellation Energy. The announcement positions nuclear power as a critical player in the clean energy transition, especially as the tech industry’s energy consumption grows. Nuclear power is increasingly viewed as a reliable, carbon-free option that can meet 24/7 energy demands—something essential for operations like AI data centers. Joe Dominguez, CEO of Constellation, stated, “This decision is the most powerful symbol of the rebirth of nuclear power as a clean and reliable energy resource.” He further highlighted that restarting the plant would allow nuclear energy to once again contribute to both technological and environmental advancements. The facility will be renamed the Crane Clean Energy Center, in honor of Chris Crane, the late CEO of Constellation’s former parent company. A New Era for Three Mile Island This announcement marks the second time in U.S. history that a nuclear plant will be restarted after a previous shutdown. Constellation’s move has significant implications for the nuclear power industry, which has faced decades of challenges and plant closures. Three Mile Island itself is no stranger to history, as its Unit 2 reactor was the site of the worst nuclear accident in U.S. history in 1979. The Unit 2 reactor remains decommissioned and is not part of the restart plan. Constellation will apply for a license extension to continue operating Unit 1 until at least 2054, with the approval process expected to be completed by 2027. The restart will only proceed if it receives clearance from the Nuclear Regulatory Commission (NRC) and approval from PJM Interconnection, the grid operator for the mid-Atlantic region. Surging Demand for Nuclear Power in Tech The demand for energy from tech companies like Microsoft is only expected to increase in the coming years, with some projections estimating that data centers will consume up to 8% of total U.S. electricity demand by 2030, compared to just 3% today. Nuclear energy, with its ability to provide consistent, carbon-free power, is quickly becoming a viable solution for these rising needs. Microsoft is not alone in its pursuit of nuclear power for AI and data center operations. Amazon Web Services has also inked deals to power data centers with nuclear energy, and Oracle recently announced plans for a data center powered by small nuclear reactors. These moves are part of a broader trend in the tech industry to align growing energy needs with environmental commitments. A Record Stock Surge The market responded swiftly to Constellation’s announcement, sending the company’s stock soaring by 21%. This surge caps a stellar year for the energy provider, with its shares more than doubling in value year to date. Microsoft’s stock saw a slight dip following the announcement as part of a broader tech sector sell-off, but the long-term benefits of its clean energy deal are expected to bolster its carbon-negative ambitions. The Future of Energy and Technology Constellation’s partnership with Microsoft signals the future of energy and technology, where nuclear power, long sidelined by economic and environmental challenges, is stepping back into the spotlight as a key player in the transition to clean energy. As AI and data center demand continue to rise, tech companies will likely turn to nuclear energy to meet their needs in a sustainable way. This deal represents not only a major leap for Constellation Energy (NASDAQ: NASDAQ:CEG ) but also a broader rebirth of nuclear power in the U.S., as it becomes an essential part of the energy mix for both industry and technology in the decades to come.
NASDAQ:CEGLong
by DEXWireNews
DAG/USDT is Ready for an Explosive Rally | 👀🚀DAG Analysis 💎Paradisers, check out #DAGUSDT. It’s at an important price point of $0.0592. If it stays above this price, we could see a rise, possibly reaching $0.078 and maybe even higher. 💎Keep an Eye on #Constellation. If it starts to drop below $0.0592, look for a possible increase from the next support level at $0.049. This level is known for a lot of trading activity and has helped #DAG go up before. 💎Watch for Changes: If the price falls below $0.049, it could mean that #DAG might start to decrease in value. It’s important to stay alert and ready to adapt as the market changes.
Long
by MyCryptoParadise_Simon
2
The bears are concerned about the increasing price of DAGConstellation Coin price broke out of a descending wedge pattern on 23 March and now appears to be slightly bullish. DAG token price is seen trading above the important moving average but it is yet to hit the 200-EMA. For the upcoming trading session, the range of the consolidation phase (green box) may act as a demand zone and $0.28 represents a resistance level according to the 0.5-level of Fibonacci retracement. The Super Trend indicator posted a bullish signal for the buyer last night, which could be the first of a trend reversal for the DAG coin price. The Constellation Coin price is approaching the 200-day moving average (red), which is a zone of volatility. Other 20,50 and 100 EMAs are remaining below the current price of DAG coin in terms of the daily price chart. Recently, the Relative Strength Index (RSI) took support at the half-line (50-point) before moving higher. Now the RSI is at 65-level and is going to move into an overbought area on the daily price graph. Technical Indicators Constellation Coin is spotting a bullish trend after breaking the boundaries of a falling wedge pattern. RSI may complete its journey to overbought zone before any trend reversal sign Support level - $0.1200 and $0.100 Resistance level - $0.200 and $0.280
Long
by TheCoinRepublic
LTX 100% + Summary -Lattice Exchange (LTX) is an AMM-based DEX that supports seamless cross-chain swaps and a multitude of DeFi applications by utilizing Constellation’s Hypergraph, a near-zero fee and horizontally scalable decentralized network. lattice.exchange -In my opinion LTX is a fairly safe low cap coin considering its fundamentals and technical stand point, I would most defiantly do more research about this coin before aping but its something I'm quite bullish on. Hope you found this useful.
LLong
by Redxtra
1
Constellation [ DAG ] - BULLISH. Value Area!!!Great value area right now for $DAG. One of my new favorite ALTs I've recently heard of. Do your own DD, but here is a quick summary: "Constellation (DAG) is a distributed network that delivers fast, scalable solutions to organizations that require secure payment processing, data transfer, and interoperability for their connected sensors and devices. Powered by its distributed and decentralized network, Hypergraph, Constellation employs a directed acyclic graph (DAG) network and mathematical proofs to promote its network’s speed and security. Together, these attributes deliver impressive scalability compared to other chains like Bitcoin or Ethereum. Since its launch, Constellation has witnessed a growing list of partners, including Amazon Web Services (AWS), the US Airforce, and crypto brands like Chainlink and KuCoin exchange. In addition, Constellation’s native token DAG supports a second functional value via tokenized throughput or bandwidth on the network compared to cryptocurrencies like BTC which exhibit more limited utility. The DAG token has performed exceptionally well in the last few months, making it one of the most promising altcoins to monitor."
Long
by TraderFromTheNorth
I made a key code of current price action,& this is what I foundSo amongst all the other weird things I see in the market everyday I would like to add this one. I found it amusing. What if you could make a key code of current price action to determine when to get in, by basing it off past price action that fit insdie the key code you just made? See as instituionals are trading a stock, 100s or even 1000s of algos are running simultaneously creating a unique pattern in the price action. It repeats itself over and over until one of the major ones leave the stock or change their algo. That said finding an easy way to find these moves and what happens next is the next step. if it repeats itself more than once....it stands the chance of repeating itself again..... So there lies the basis of my whole trading strategy, cross hatch that with wycoff method and the Curve plus about 5 other weird things I have seen in the market that holds true still to this day and you have what i do on a daily basis. is it right or wrong I personally don't care. As it works for me and I make a living off it. Will it work for you, idk.... I have acquired savant syndrome, what looks plain as day to me might look greek someone else. Idk. That said I enjoy doing these so even if you can't see what I see, you will have a constant flow of these always to look at. by iCantw84it 06.02.2021 pls like/ subscribe / share/ comment below / request a breakdown of a stock... as its the only way I can gauge if you want more of these or not.
NYSE:AMC
by iCantw84it
13