“From AWS’s deal with Talen Energy to power its 960MW data center with the Suquehanna Nuclear Station, to Microsoft’s 20-year agreement with Constellation to reopen Three Mile Island 1, the momentum is undeniable. Oracle’s plans for a 1GW data center powered by three SMRs and OpenAI’s ambition to build multiple 5GW data centers further underscore this shift.

“We are bullish on Big Tech’s influence in the nuclear market. Their demand for clean energy, particularly Small Modular Reactors (SMRs), will accelerate the adoption of nuclear technology. SMRs offer flexibility, faster development timelines, and independence from the traditional grid, making them an attractive solution for tech giants. However, traditional utilities are also striving to decarbonize, which could drive increased investment in large-scale nuclear plants or the continued extension of life for existing plants.

“To succeed, Big Tech must acknowledge that their energy needs won’t be met solely through the existing grid. Instead, they need to innovate and collaborate with both traditional and non-traditional partners to develop a robust SMR-based clean energy solution. This is where bold, well-funded action is required. Fortune will favor those willing to step up and lead.

“The bottom line is simple: data is king, and nuclear is the queen – literally the power behind the throne. As Big Tech’s demand for energy grows, nuclear power, with its unmatched reliability and clean energy potential, will play a pivotal role in sustaining this data-driven empire.”

******

Make sure you check out the latest edition of Sustainability Magazine and also sign up to our global conference series – Sustainability LIVE 2024

******

Sustainability Magazine is a BizClik brand

******