Microgrids could offer a stopgap solution until small modular reactors are ready for the market.
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The sector has been soaring on an atomic tailwind thanks to the energy demands of AI-hungry tech companies.
This year Big Tech got into the energy game in a big way, and if it wants to chase AI it’ll need even more energy in years to come.
FERC kiboshed a bid to increase the amount of power that a nuclear plant in Pennsylvania is allowed to supply to one of Amazon’s data centers.
A group of 14 large banks and other financial institutions announced that they’re going to up their support for the nuclear power industry.
AI’s energy needs are enormous, and could have a once-in-a-generation impact on the electricity market.