Big Tech bets on nuclear uprates as the easy wins start running out

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Google, Amazon, Microsoft and Meta are signing long-term power purchase agreements with US nuclear operators to supply electricity for their AI data centers. The largest deal involves Google and Constellation Energy: a 20-year contract covering eleven reactors for an additional 890 MW of capacity, with an investment exceeding $4.3 billion. Combined, these agreements represent approximately 8.5 GW, while small modular reactor projects reach 45 GW but remain unfulfilled promises. This strategy allows tech companies to quickly access reliable, emissions-free nuclear power amid projected electricity demand doubling by 2030.

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Telemac
Telemachttp://cryptoinfo.ch
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