Constellation Energy announced that the restart of the Crane Clean Energy Center, formerly Three Mile Island Unit 1, is progressing ahead of schedule, with the plant potentially restarting as early as 2027. This acceleration follows the approval of an early interconnection request by grid operator PJM and significant progress in various workstreams.
The facility is now over 64% staffed, with nearly 400 full-time employees hired, and major equipment inspections and building renovations are nearing completion. In May, the Nuclear Regulatory Commission (NRC) approved the license request to rename Unit 1 to the Crane Clean Energy Center.
An independent economic impact study projects that Constellation's $1.6 billion investment in the restart will create 3,400 direct and indirect jobs, add $16 billion to Pennsylvania's GDP, and generate over $3 billion in state and federal taxes. These figures highlight the substantial economic benefits of bringing the 835-megawatt carbon-free energy source back online.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.