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Tech companies want nuclear power. Some utilities are throwing up roadblocks - TL;DR CNBC

Tech companies want nuclear power. Some utilities are throwing up roadblocks

Publishing timestamp: 2024-08-10 10:26:19


Summary

Power companies like Constellation Energy and Vistra are in talks with tech companies to directly connect data centers to nuclear plants to power artificial intelligence. However, this move is facing resistance from some utilities due to potential impact on the electric grid. The debate over co-locating data centers next to nuclear plants is ongoing, with some companies like Amazon facing opposition from utilities. Despite the controversy, tech companies are increasingly looking to nuclear plants for clean energy to power their data centers.


Sentiment: MIXED

Tickers: AMZN,  D,  CEG,  NVDA,  VST,  EXC,  UNDEFINED,  AEP, 

Keywords: talen energy corp,  nvidia corp,  exelon corp,  american electric power company inc,  constellation energy corp,  environment,  oil and gas,  markets,  vistra corp,  energy,  united states,  dominion energy inc,  amazon.com inc,  breaking news: markets,  alternative and sustainable energy,  business news, 

Source: https://www.cnbc.com/2024/08/10/why-tech-companies-are-shopping-for-nuclear-power-for-data-centers.html


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