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Private Equity’s Next Bet on Artificial Intelligence Is Nuclear Energy

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Nuclear, US News / By

Climate goals, data centers driving interest in atomic sector Amazon, Google, Microsoft have recently done power deals Some of the world’s biggest managers of private capital are making moves to finance and invest in nuclear power plants, latching onto a revival in the sector driven in part by tech giants’ electricity-intensive AI ambitions. Carlyle Group …

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Here Are 5 Industries With the Most at Stake in Presidential Election

Biomass, Conventional Energy, Geothermal, Hydro, Latest, LNG, Natural Gas, Nuclear, Oil, Renewable Energy, Solar, US News, Wind / By

Health care, energy also among businesses with most at stake Retailers would face major impact from tariff increases The US election on November 5 will be a clash of visions that reverberates through the global economy for years to come. Kamala Harris and Donald Trump in some cases have skirted how they will handle pivotal …

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US Nuclear Regulator Hears Three Mile Island Power Plant Restart Plan

Conventional Energy, Latest, Nuclear, US News / By

NEW YORK, Oct 25 (Reuters) – Constellation Energy (CEG.O) is making its case to restore the operating license for its Three Mile Island nuclear power plant in the first public meeting before the U.S. Nuclear Regulatory Commission on Friday on the unprecedented project to restart a retired reactor. Constellation, which announced last month that it …

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Google Says Nuclear is Key to Around-the-Clock Clean Power

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Supporting the development of several advanced small modular reactors Bloomberg News Alphabet Inc.’s Google sees nuclear power as a key part of its strategy to get around-the-clock clean energy to operate artificial intelligence facilities, Michael Terrell, senior director of energy and climate, said on Bloomberg Television. Earlier this week, Google announced its first investment in nuclear power …

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Nuclear Renaissance Must Still Solve for Spent Fuel

Conventional Energy, Latest, Nuclear, Tri-Pinned, US News / By

As nuclear power companies gear up to revive old reactors and build a generation of new ones to meet burgeoning power demands for artificial intelligence, cryptocurrency and electric vehicles, they still face a daunting risk-management task: what to do with thousands of tons of spent reactor fuel. The U.S. nuclear-power renaissance is plunging ahead without …

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Google Backs Buildout of Small Nuclear Reactors in Kairos Deal

Conventional Energy, Latest, Nuclear, US News / By

Alphabet Inc.’s Google is investing in the development of the next generation of nuclear power, backing a company that’s building small modular reactors and agreeing to purchase energy once the sites start supplying US grids. Google signed an agreement with Kairos Power to construct a series of so-called SMRs that use molten-salt cooling technology. The move …

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Japan to Keep Nuclear, Boost Renewables in its Energy Mix, New Industry Minister Says

CDN and International News, Conventional Energy, Latest, Nuclear, Renewable Energy, Solar, Wind / By

Summary New PM Ishiba waters down tone against nuclear power in Japan Japan to continue with nuclear power plant restarts, new METI minister Muto says Japan to use renewable energy to its maximum, METI minister says (Reuters) – Japan plans to continue safely restarting nuclear power plants and will use as much renewable energy as …

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U.S. Closes $1.52 Billion Loan to Resurrect Michigan Nuclear Plant

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(Reuters) – The U.S. on Monday said it closed a $1.52 billion loan to resurrect Holtec’s Palisades nuclear plant in Michigan, and a senior Biden administration official said it could take two years to reopen the plant, which is longer than the company predicted. President Joe Biden’s administration has called for a tripling of U.S. …

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Russia Seeks to Counter West’s Climate Agenda with Gas, Nuclear Power

CDN and International News, Conventional Energy, Latest, Natural Gas, Nuclear / By

(Reuters) – Russia will pursue its own climate-related goals and put forward proposals on tackling global warming as an alternative to the agenda promoted by the West, Deputy Energy Minister Pavel Sorokin said on Friday. His comments could be a precursor for potential clashes at the COP29 U.N. climate summit, which is due to take …

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Powering AI Leapfrogs Climate Concerns

Conventional Energy, Latest, Natural Gas, Nuclear, US News / By

It’s become clear there’s not enough low-carbon energy to satisfy data centers’ needs, and natural gas will be key.   It’s Climate Week in New York, and dominating the conversation has been the apparently insatiable appetite of artificial intelligence for power. The subject has been much in the news. Just last week, we learned that the infamous Three Mile …

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