Industry Newssmall modular reactorsdata centersgooglenuclear energy
Big Tech Embraces Nuclear For Data Centers
9.0
Big Tech is increasingly turning to nuclear power to meet rising AI data center electricity demand, with Google announcing an October 2024 partnership with Kairos Power for small modular reactors and Microsoft moving to revive Three Mile Island aiming to deliver 835 megawatts by 2028. Analysts and agencies project data center electricity could double by 2030 and account for up to 10% of global power by 2026.
Key Points
- 1Announces partnerships: Google, Microsoft secure SMR and reactor deals to power hyperscale data centers
- 2Highlights baseload need: nuclear offers >90% capacity factor versus intermittent renewables
- 3Implication for practitioners: plan for energy contracts, regulatory timelines, and long-term capital allocation
Scoring Rationale
High relevance and substantiated industry agreements, but deployment timelines and regulatory hurdles limit near-term impact.
Sources
Public references used for this report.
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