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## Breaking News: GSA Awards Historic Electricity Contract to Constellation The General Services Administration (GSA) has awarded a historic electricity contract to Constellation, a major player in the nuclear energy industry. This significant deal is expected to provide federal agencies with budgetary stability and protections from future price increases, while also bolstering the domestic nuclear industry. ### Key Points: * The GSA’s 10-year contract is worth $1.5 billion and includes the purchase of electricity from existing and new nuclear power plants. * Constellation will extend licenses for existing nuclear power plants and invest in new equipment and technology to generate an additional 135 megawatts of capacity. * The contract will provide federal agencies with a fixed electricity price for 10 years, shielding them from future price increases driven by growing demand from data centers and AI facilities. * This deal is the largest energy procurement contract signed by the GSA in its history and extends to 13 other federal agencies. ### Background: The Biden administration has made nuclear energy a key component of its plan to transition the US away from fossil fuels. Last year, Google, Meta, Amazon, and Microsoft all inked significant nuclear energy deals. The Department of Energy also announced a $1.52 billion loan to help restart a retired nuclear generating station in Michigan. ### Quotes: * “This historic procurement locks in a cost-competitive, reliable supply of nuclear energy,” said GSA Administrator Robin Carnahan. * “We’re demonstrating how the federal government can join major corporate clean energy buyers in spurring new nuclear energy capacity and ensuring a reliable, affordable supply of clean energy for everyone.” ### Related Articles: * Google Inks Nuclear Energy Deal for Small Modular Reactor * Meta Invests in Advanced Reactors for AI-Driven Data Centers * Amazon Announces Plans to Develop Next-Generation Nuclear Power Plants