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Google to buy power for AI needs from small modular nuclear reactor company Kairos
Economic Times
·
9m ago
Medial
Google has signed an agreement with Kairos Power to purchase power from multiple small modular reactors (SMRs) in order to meet the electricity demand for artificial intelligence. The companies aim to bring the first SMR online by 2030, with additional deployments planned through 2035. Google will buy a total of 500 megawatts of power from six to seven reactors. Other technology firms, such as Amazon and Microsoft, have also made agreements with nuclear power companies this year due to the increasing power demand from AI. The US data center power use is expected to triple by 2030.
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Related News
Google Says Nuclear Is Key to Around-the-Clock Clean Power
Livemint
·
9m ago
Medial
Google sees nuclear power as a crucial element in its quest for round-the-clock clean energy to power its artificial intelligence facilities, according to Michael Terrell, Senior Director of Energy and Climate at Google. The company recently announced its first investment in nuclear power, supporting the development of advanced small modular reactors by Kairos Power. Google aims to achieve carbon-free operations by utilizing a mix of wind, solar, and nuclear energy. This move reflects a growing trend among tech giants to secure clean power as AI infrastructure expands.
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Here are the nuclear fission startups backed by Big Tech | TechCrunch
TechCrunch
·
2m ago
Medial
Big tech companies, driven by increased demand for electricity due to AI, are turning to nuclear fission as a stable energy source for data centers. They are investing in startups developing small modular reactors (SMRs) for more flexible and safer nuclear power solutions. Companies like Kairos Power, Oklo, Saltfoss, TerraPower, and X-Energy are leading the charge with innovative designs, attracting significant funding and partnerships to meet future energy needs.
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The First Small-Scale Nuclear Plant in the US Died Before It Could Live
Wired
·
1y ago
Medial
The first small-scale nuclear reactor project in the US has been canceled. The Carbon Free Power Project (CFPP), led by startup NuScale, was initially hailed as a way to revive the US nuclear industry. However, the project faced setbacks due to increasing projected costs and difficulties in finding enough customers to buy its power. The cancellation has prompted skepticism about the viability of small modular reactors as a cheaper alternative to large-scale nuclear plants. NuScale remains focused on its other projects, including building reactors in Romania and powering data centers with Standard Power.
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Sam Altman to step down as Oklo chairman
Economic Times
·
3m ago
Medial
OpenAI CEO Sam Altman will step down as chairman of Oklo, a nuclear technology startup, to potentially facilitate a collaboration with OpenAI. This move led to an over 11% drop in Oklo's shares. Jacob DeWitte, Oklo CEO and co-founder, will assume the chairman role. Oklo plans to develop a small modular nuclear reactor by 2027 and continues exploring partnerships, especially with AI companies, aiming to enhance sustainable energy solutions as interest in nuclear power resurges.
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Tata Power keen on building small nuclear reactors as India opens up sector, CEO says
Livemint
·
5m ago
Medial
Tata Power is interested in developing small modular nuclear reactors as India plans to open the nuclear sector to private investments. Following recent government amendments, Tata Power seeks more information on liability, technology, foreign partnerships, and fuel sourcing. Small nuclear projects require stringent approvals and lengthy construction timelines. The company anticipates increased power demand in India, expecting imported coal-based plants to operate at full capacity and a recovery in power demand amidst rising summer temperatures.
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IndianOil preparing new strategy for nuclear power: Chairman Sahney
Livemint
·
24d ago
Medial
Indian Oil Corp. Ltd is preparing a new strategy focusing on nuclear power by building small modular reactors (SMR) and large nuclear power plants, according to chairman Arvinder Singh Sahney. This initiative comes as the government plans to significantly increase nuclear power capacity by 2047. Although Indian Oil previously partnered with Nuclear Power Corp. of India Ltd for a nuclear project, it did not advance. The technology partner for the new strategy remains undisclosed.
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US nuclear plant Three Mile Island to reopen to power Microsoft
Economic Times
·
10m ago
Medial
Constellation Energy has announced that Three Mile Island, the site of America's worst nuclear accident, will restart operations to provide power to Microsoft. The 20-year agreement involves restarting Unit 1, which was shut down for economic reasons in 2019. Microsoft plans to use the energy to support power grids in the mid-Atlantic states, an area known for its high demand from data centers. Tech companies like Microsoft, Amazon, and Google are increasingly turning to nuclear power to meet the growing electricity demands of AI and data centers. The Three Mile Island reactor is expected to come back online in 2028.
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US nuclear plants won't power up Big Tech's AI ambitions right away
Economic Times
·
10m ago
Medial
Constellation Energy and Microsoft are planning to reopen the Three Mile Island nuclear plant to power their expanding AI data centers. The move comes as data center power consumption is projected to double by 2030, leading tech companies to seek energy sources for their growing needs. However, there are regulatory hurdles, potential supply chain issues, and local opposition that need to be overcome. The reopening plan for the Pennsylvania-based plant's Unit 1 reactor, which closed five years ago, aims to offset the power consumption of Microsoft's data centers in the region. Similar nuclear contracts for data centers are also being considered.
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Sam Altman-backed Oklo signs power agreement with data centre operator
Economic Times
·
7m ago
Medial
Nuclear startup Oklo has signed an agreement to provide power to data center operator Switch. Oklo will develop Aurora powerhouse nuclear reactors with a total capacity of 12 GW, powering data centers through 2044. This move highlights the growing demand for clean and reliable energy sources like nuclear power, as several US utilities are signing similar deals to power tech companies' data centers. Oklo's stock rose 12% following the news. Switch operates renewable energy-powered data centers and serves clients like Google and PayPal, while Oklo aims to develop modular nuclear reactors by 2027.
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NTPC in talks with EDF, Rosatom, Westinghouse to develop small modular reactors
Livemint
·
8m ago
Medial
State-run power generator NTPC Ltd is in talks with EDF, Rosatom, and Westinghouse Electric to build small modular reactors (SMRs) in India. The discussions aim to find a technology partner to develop SMRs, which have a capacity of up to 300 MW and can be installed in locations unsuitable for larger reactors. India is targeting 20 GW of nuclear power by 2030 and plans to build 500 GW of non-fossil fuel power capacity. NTPC is seeking to expand its nuclear footprint and has plans to set up 10 GW of nuclear power capacity over 10 years.
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