Nuclear
The data center dilemma centers first on a familiar mismatch of timescales. Utilities and their regulators tend to plan based on the small, incremental demand growth. But development and the power demand it generates move at ever-increasing digital speed.
A first-of-its-kind power purchase agreement will send more than 10 million MWh of power to federal buildings and help Constellation Energy increase the output from its nuclear fleet.
Data centers’ voracious appetite for electricity could spike more than threefold over the next four years, rising from 4.4% of U.S. power demand in 2023 to as high as 12% in 2028, according to the Lawrence Berkeley National Laboratory.
Two companies developing advanced nuclear technology made landmark announcements about their plans.
"Deep, collaborative partnerships combined with creative problem-solving are the only way we can meet the explosion of AI growth, as well as society's accelerating electricity demand," said Sheldon Kimber, CEO of Intersect Power.
A report from the Virginia legislature released shows how quickly data centers are growing in the state and addresses how to meet that demand, with some suggestions for policymakers.
Clean industry executives and experts at DOE's Deploy 2024 conference were surprisingly optimistic about continuing market growth linked to the boom in energy demand from data centers, AI and electrification.
Meta and Amazon Web Services continue to search for ways to meet their data centers’ growing power demand, requesting proposals for nuclear reactor construction and announcing new efficiency measures, respectively.
DOE has committed more than $95 billion in grants and loans, with more going out the door each day.
Energy leaders from the U.S. and Canada grappled with the challenges of balancing decarbonization and affordability at the New England-Canada Business Council’s Executive Energy Conference.
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