Major It Platforms Want Power From Nuclear Plants, But They Don’t

The article discusses the potential for big IT companies to invest in small modular reactors (SMRs) to power their data centers and meet their growing energy demands. Despite some exploration of “risk sharing” by the DOE, it is unlikely that these companies will share the risk of investing in nuclear energy. However, there is some innovation underway with power purchase agreements between nuclear utilities and their big data customers. DOE Secretary Jennifer Granholm has urged these companies to invest in clean baseload power and consider building SMRs to meet their energy needs.