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Soaring demand for electricity will drive a $350 billion nuclear spending boom in the US, boosting output from reactors by 63% by 2050, according to Bloomberg Intelligence. The key driver is power-hungry data centers running artificial intelligence systems, and that investment will add 53 gigawatts of reactor capacity, bringing the total nuclear fleet to 159 …
US to See $350 Billion Nuclear Boom to Power AI, Report Says Read More »
Much of the world had been turning away from traditional nuclear power in recent decades. Aging plants, high construction costs, security risks and radioactive-waste challenges caused policymakers and the public to question the economics of atomic energy. Interest in the technology has only recently been revived amid pressure to hit climate goals and meet surging …
PERSPECTIVE: Can Small Nuclear Reactors Help Power the AI Boom and Fight Climate Change? Read More »
(Reuters) – A record level of global nuclear power production seen in 2024 will be hard to maintain in the coming years due to a lack of required investment, aging plants and project disruptions, the World Nuclear Industry Status Report said on Monday. Nuclear power has experienced a revival in interest from various countries trying to phase …
Global Nuclear Projects Seen Slowing after Record 2024 Output Read More »
The Trump administration is more willing to support loan guarantees and tax breaks for nuclear power than for wind and solar because it is “more American” than those forms of energy, the director of the U.S. Energy Dominance Council said on Thursday. Jarrod Agen said nuclear power is more likely to be made from U.S.-made …
Trump Supports Nuclear Power as it is ‘More American’ Than Wind, Solar, US Official Says Read More »
By Dorothy Neufeld Key Takeaways In 2025, global renewable energy investment is projected to hit $780 billion, outpacing oil investment by $237 billion. Over the past decade, investment in renewables has surged 109%. Global energy investment has shifted dramatically in the last decade. As the world transitions to cleaner sources, capital is flowing into technologies …
Charted: The Shift in Global Energy Investment (2015-2025) Read More »
Summary Discussions included whether Exxon Mobil would re-enter Sakhalin-1 project Talks also covered Russia’s possible purchase of US equipment Possible deals were also discussed inside the White House (Reuters) – U.S. and Russian government officials discussed several energy deals on the sidelines of negotiations this month that sought to achieve peace in Ukraine, according to …
US and Russian Officials Discussed Energy Deals Alongside Latest Ukraine Peace Talks Read More »
Summary Radioactive, fissile plutonium from Cold War a headache for US US wants to halt disposal of it, use 20 metric tons for fuel Trump administration sees it as potential fuel for new reactors Critic points out similar program failed due to costs (Reuters) – The Trump administration plans to make available about 20 metric …
Trump Plans to Make Cold War-Era Plutonium Available for Nuclear Power Read More »
By Laila Kearney Summary Google partners with TVA, Kairos Power for nuclear project First U.S. utility power purchase agreement for generation IV nuclear Project supports U.S. AI dominance and energy leadership, says Energy Secretary (Reuters) – Google, with Kairos Power, has selected Tennessee as the site of an advanced nuclear power plant that is expected to …
Google Announces Tennessee as Site for Small Modular Nuclear Reactor Read More »
By Gavin Maguire LITTLETON, Colorado, July 24 (Reuters) – Global utilities generated a record amount of clean electricity while cutting output from fossil fuels during the opening half of 2025, thereby maintaining the momentum of international efforts to cut back on fossil fuel use in energy production. However, energy transition progress was more varied at …
COMMENTARY: A Mid-Year Check-Up on Global Energy Transition Progress – Maguire Read More »
By Stephen Nellis SAN FRANCISCO, July 16 (Reuters) – Microsoft and a U.S. national laboratory on Wednesday said they are partnering to examine how artificial intelligence could be used to speed up the process of compiling the documents needed to secure permits for new nuclear power plants. Microsoft (MSFT.O) and the Idaho National Laboratory (INL) …
Microsoft, US National Lab Tap AI to Speed Up Nuclear Power Permitting Process Read More »
