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COMMENTARY: A Mid-Year Check-Up on Global Energy Transition Progress – Maguire

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 …

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Microsoft, US National Lab Tap AI to Speed Up Nuclear Power Permitting Process

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) …

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Trump to Unveil $70 Billion in AI and Energy Investments

PITTSBURGH, July 14 (Reuters) – U.S. President Donald Trump will announce $70 billion in artificial-intelligence and energy investments on Tuesday, according to a White House official and a person familiar with the initiatives. Trump will reveal details of these new initiatives at an event near Pittsburgh, where he will be joined by Republican Senator David …

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America’s Largest Power Grid is Struggling to Meet Demand From AI

Summary Electricity bills projected to surge over 20% in PJM territory this summer PJM criticized for delaying auctions and pausing new plant applications Pennsylvania governor threatens to leave PJM if it can’t reduce costs and connect power plants faster (Reuters) – America’s largest power grid is under strain as data centers and AI chatbots consume …

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Texas Project to Build Four Nuclear Plants is in Talks With ‘Hyperscalers’

By Timothy Gardner WASHINGTON, July 8 (Reuters) – Fermi, a Texas company looking to build four nuclear plants next to a U.S. nuclear weapons complex, said in documents revealed on Tuesday that it is talking with large data managers on leasing agreements for the project. Fermi, co-founded by Rick Perry, a former U.S. energy secretary, …

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US Strikes on Iran Leave Hopes for Nuclear Diplomacy in Tatters

   In a bid to defuse the conflict over Iran’s nuclear program, foreign ministers from Europe’s top three powers hurried to meet their Iranian counterpart on Friday in Geneva. Those hopes collapsed on Saturday when U.S. President Donald Trump ordered airstrikes on Iran’s three main nuclear sites, in support of Israel’s military campaign.“It’s irrelevant to …

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Senate GOP Favors Round-The-Clock Power Over Solar and Wind

The Senate’s tax bill would boost baseload electricity — including nuclear and geothermal power — while slashing incentives for intermittent sources. By Mark Chediak A cooling tower at a nuclear power plant in Middletown, Pennsylvania, in 2024. Photographer: Heather Khalifa/Bloomberg Senate Republicans would use their version of Donald Trump’s massive tax and spending bill to …

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NRG Expects to Line Up New US Data Center Deals This Quarter

Bloomberg NRG Energy Inc. is working on deals to power US data centers “all over the country” and will reveal details with second-quarter results, according to the top executive of the independent generator. These are huge, complicated deals and it’s sensitive to figure out when to announce them, Chief Executive Officer Larry Coben said on Bloomberg TV. Data …

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Meta to Buy Nuclear Power From Constellation as AI Demand Soars

By Will Wade and Riley Griffin The Clinton Power Station in Clinton, Illinois. Photographer: John Dixon/The News-Gazette/AP Photo Constellation Energy Corp. agreed to sell power from an Illinois nuclear plant to Meta Platforms Inc. as artificial intelligence sends power demand soaring. The parent company of Facebook, Instagram and WhatsApp signed a 20-year contract to buy …

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Trump’s Nuclear Energy Orders Would Boost Uranium Prices, Investments, Experts Say

By Mrinalika Roy Uranium market recovery expected after Trump signs new US nuclear energy orders Analysts foresee long-term uranium supply confidence and increased contracting activity May 27 (Reuters) – President Donald Trump’s latest orders seeking to revitalize the U.S. nuclear energy industry could pull the uranium market out of its current lull and boost investor …

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