Nuclear
Bloom Energy
American Electric Power will meet data center power demand with what it calls the largest utility initiative of its kind in the nation, buying up to 1 GW of Bloom Energy’s solid oxide fuel cells.
DOE
The Biden administration wants to jumpstart a “nuclear deployment ecosystem” by getting 35 GW of new nuclear power online or under construction by 2035 and then build to a steady pace of deploying 15 GW per year in the U.S. and globally by 2040.
Duke Energy
Duke Energy reported third-quarter earnings of $1.226 billion ($1.60/share), a dip of about 15% from the same period in 2023, as its utility territories were hit by three hurricanes.
Duke Energy
The NCUC approved Duke Energy's second Carbon Plan and Integrated Resource Plan, authorizing procurements of renewable energy, nuclear and demand response, while calling for its 8,000 MW of coal to be retired in 2036.
Peretz Partensky, CC BY 2.0, via Wikimedia Commons
On top of its 350 MW of current data center load, PSEG has received formal applications for nearly 400 MW of new data center load and inquiries on over 1,200 MW in data center feasibility studies in new business.
Constellation Energy
Constellation Energy remains bullish on data centers co-located with nuclear power plants, despite FERC rejecting terms for the expansion of one such agreement in a high-profile ruling.
© RTO Insider LLC
Finding the sites and hundreds of megawatts of power data centers is “rather limited,” so said talks at the U.S. Energy Association’s Energy Tech Connect Forum.
NextEra Energy
NextEra Energy reported deals for 3 GW of new renewables with its third quarter financials and said it has reached a framework agreement totaling 10.5 GW with two major corporations.
GE Vernova
GE Vernova reported its onshore wind business had its best quarter in three years but its performance was canceled out by problems in its offshore wind business.
Urenco
The war in the Ukraine, coupled with the boom in electricity demand driven by data centers, has created a “muscular resurgence” of interest in nuclear, National Climate Advisor Ali Zaidi said.
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