Berliner Boersenzeitung - Cheers, angst as US nuclear plant Three Mile Island to reopen

EUR -
AED 4.362149
AFN 78.393849
ALL 96.67333
AMD 448.908336
ANG 2.126233
AOA 1089.200324
ARS 1707.725881
AUD 1.717808
AWG 2.138016
AZN 2.020885
BAM 1.956272
BBD 2.388476
BDT 145.105018
BGN 1.994733
BHD 0.447804
BIF 3527.726353
BMD 1.187787
BND 1.504963
BOB 8.211982
BRL 6.274008
BSD 1.185886
BTN 107.768008
BWP 15.607767
BYN 3.381516
BYR 23280.618354
BZD 2.385063
CAD 1.629203
CDF 2619.069362
CHF 0.923007
CLF 0.026023
CLP 1027.542214
CNY 8.260284
CNH 8.255259
COP 4374.546967
CRC 586.841624
CUC 1.187787
CUP 31.476346
CVE 110.761064
CZK 24.239879
DJF 211.180965
DKK 7.468185
DOP 74.830521
DZD 153.478658
EGP 55.899732
ERN 17.8168
ETB 185.301019
FJD 2.627919
FKP 0.87181
GBP 0.868397
GEL 3.195507
GGP 0.87181
GHS 12.932121
GIP 0.87181
GMD 87.305533
GNF 10387.506836
GTQ 9.101196
GYD 248.109877
HKD 9.261695
HNL 31.280549
HRK 7.535352
HTG 155.417507
HUF 381.56572
IDR 19884.736319
ILS 3.701636
IMP 0.87181
INR 108.93613
IQD 1553.474903
IRR 50035.512848
ISK 145.397138
JEP 0.87181
JMD 186.675051
JOD 0.842197
JPY 183.207775
KES 152.975312
KGS 103.871835
KHR 4778.15312
KMF 498.870729
KPW 1069.028793
KRW 1720.770385
KWD 0.364246
KYD 0.988231
KZT 595.863801
LAK 25584.174275
LBP 106196.128504
LKR 367.158607
LRD 219.392946
LSL 19.016089
LTL 3.507225
LVL 0.718481
LYD 7.488807
MAD 10.777301
MDL 20.005828
MGA 5348.290713
MKD 61.613933
MMK 2494.274616
MNT 4235.728234
MOP 9.524499
MRU 47.292413
MUR 54.068278
MVR 18.35098
MWK 2056.295676
MXN 20.6195
MYR 4.717292
MZN 75.911454
NAD 19.016089
NGN 1678.484982
NIO 43.640532
NOK 11.612519
NPR 172.428646
NZD 1.989281
OMR 0.456696
PAB 1.185886
PEN 3.97696
PGK 5.146242
PHP 70.251611
PKR 332.077741
PLN 4.205668
PYG 7969.923396
QAR 4.323243
RON 5.09715
RSD 117.374723
RUB 90.902634
RWF 1730.217557
SAR 4.453737
SBD 9.649117
SCR 16.544725
SDG 714.460903
SEK 10.618296
SGD 1.508661
SHP 0.891148
SLE 28.978837
SLL 24907.291301
SOS 676.562801
SRD 45.284382
STD 24584.785538
STN 24.505914
SVC 10.376541
SYP 13136.415423
SZL 19.000585
THB 37.0622
TJS 11.070272
TMT 4.157253
TND 3.424526
TOP 2.859905
TRY 51.534619
TTD 8.058945
TWD 37.3705
TZS 3011.602124
UAH 51.127439
UGX 4204.014562
USD 1.187787
UYU 44.500739
UZS 14331.458637
VES 418.416157
VND 31105.162915
VUV 142.256206
WST 3.273052
XAF 656.115342
XAG 0.011042
XAU 0.000235
XCD 3.210053
XCG 2.137216
XDR 0.815997
XOF 656.115342
XPF 119.331742
YER 283.053112
ZAR 19.057223
ZMK 10691.501182
ZMW 23.154588
ZWL 382.466817
  • SCS

    0.0200

    16.14

    +0.12%

  • CMSD

    0.0300

    24.16

    +0.12%

  • NGG

    1.0800

    82.58

    +1.31%

  • RBGPF

    -1.5400

    82.5

    -1.87%

  • BTI

    -0.1700

    58.99

    -0.29%

  • BCC

    -0.9300

    83.4

    -1.12%

  • CMSC

    0.0300

    23.78

    +0.13%

  • RIO

    0.0400

    90.47

    +0.04%

  • GSK

    1.1700

    50.32

    +2.33%

  • BCE

    -0.0500

    25.15

    -0.2%

  • AZN

    1.2800

    94.23

    +1.36%

  • BP

    0.2300

    36.76

    +0.63%

  • JRI

    0.0500

    13.73

    +0.36%

  • RYCEF

    -0.1200

    17

    -0.71%

  • VOD

    0.0600

    14.23

    +0.42%

  • RELX

    -0.3900

    39.51

    -0.99%

Cheers, angst as US nuclear plant Three Mile Island to reopen
Cheers, angst as US nuclear plant Three Mile Island to reopen / Photo: CHIP SOMODEVILLA - GETTY IMAGES NORTH AMERICA/AFP

Cheers, angst as US nuclear plant Three Mile Island to reopen

The planned reopening of the Three Mile Island nuclear plant is praised as a boon for Pennsylvania and a boost for AI, but it is loathed by residents still haunted by a near-catastrophic meltdown there in 1979.

Text size:

"Gas is under attack. Coal is shutting down all over this country. You got to have the base load. And nuclear is probably the most efficient base load source we have," Pennsylvania Building and Trades Council president Robert Bair told AFP, arguing that the reopening of the plant will benefit the entire country.

Gains could include some 3,400 jobs and three billion dollars in tax revenue for the surrounding counties, according to a study by the council.

The resurrection of Three Mile Island (TMI) -- half of which remained operating after the 1979 meltdown, only closing down due to economic reasons in 2019 -- was prompted by Microsoft's need to fuel its power-hungry data centers.

A revolution in generative artificial intelligence has triggered a surge in energy needs for those data centers, pushing cloud computing giants to look for additional low carbon energy sources.

Microsoft -- which is also the biggest shareholder in OpenAI, the company at the forefront of the artificial intelligence arms race -- has signed a 20-year contract with TMI operator Constellation, which says all the power the plant generates will go to the Silicon Valley behemoth.

"I'm good with (the power station reopening), but that's mainly because my best friend works for OpenAI," joked Shay McGarvey, a bus driver in Middletown, less than three miles from the power station.

"No, actually it's more about the amount of jobs it's going to create," he added.

"This unit was a good neighbor to Londonderry Township and our surrounding region for 45 years," said Bart Shellenhamer, chair of the Londonderry Township Board, which represents TMI.

- Faustian bargain -

For others, the fear and anxiety of 1979 is still strong.

"Most residents prefer it remain closed," said Matthew Canzoneri, chairman of the town council in Goldsboro, on the other side of the Susquehanna River on which the island is located.

"The energy produced does not directly benefit the community, and there is a definite sense of concern given TMI's history," he added.

A series of equipment malfunctions and human errors saw the plant's Unit 2 melt down in 1979, releasing radioactive materials into the atmosphere and launching mass evacuations.

The accident riveted Americans for days and ushered in a new era of anxiety and regulation over nuclear energy in the United States. The worst -- the rupture of the reactor vessel -- was avoided, but it remains the most serious accident in the history of US commercial nuclear power.

Forty-five years later, some residents are still accusing authorities of having played down the scale of the disaster.

Some studies have shown higher than average rates of leukemia, thyroid and lung cancer in the region in the years that followed, but none has formally established the link to the nuclear accident.

Maria Frisby, who was a teenager in 1979, insists that "until the (Nuclear Regulatory Commission) acknowledges that the partial meltdown at Three Mile was much worse, there is no way I'm going to agree" that reopening the plant is a good idea.

"I lost a lot of classmates to multiple cancers, who died in their 50s," said the 60-year old, for whom the link with the accident is obvious.

Bair said it was important to distinguish between Unit 2, where the accident occurred, and Unit 1, which "was the most efficient plant in the country for years."

"I understand there's always concerns," he said.

"But from what I've seen and what I know about the nuclear industry, there's no industry more heavily regulated and scrutinized and supervised than the generation of nuclear power."

Eric Epstein, of the EFMR nonprofit which monitors radiation from TMI, pointed to issues such as the storage of spent fuel, which Constellation told AFP would be stored on the island -- as it was during the nearly 40 years that Unit 1 operated safely.

"It's a Faustian bargain," Epstein said.

"You get electricity for a moment and radioactive waste forever."

(Y.Berger--BBZ)