Santee Cooper, the big power provider in South Carolina, has tapped financial advisers to look for buyers that can restart construction on a pair of nuclear reactors that were mothballed years ago. The state-owned utility is betting interest will be strong,
S&P 500 stocks Constellation Energy and Vistra were steady after President Donald Trump's Stargate AI investment plan announced late Tuesday.
South Carolina's Santee Cooper is seeking buyers to revive construction at the long-abandoned V.C. Summer Nuclear Station to address the surging energy needs of artificial intelligence.
As part of a series of presentations this month, I heard from Bob Mumgaard, CEO and Co-founder at Commonwealth Fusion Systems, who talked about the ongoing race for new sources of clean power that could change the world, and how AI is helpful in doing groundbreaking research.
Artificial intelligence has become vital in business and financial dealings, medical care, technology development, research, and much more. Without realizing it, consumers rely on AI when they stream a video,
GE’s power spinoff started off lukewarm, but is now red hot thanks to tech companies’ AI-driven interest in nuclear and natural gas-fueled power. Just how hot? GE Vernova’s shares have tripled since their debut about nine months ago,
Nuclear reactors take a long time to build and Big Tech will use gas power to bridge the gap and meet its energy demands.
A House bill aims to help ensure AI data centers coming into the state have the massive amount of power they need primarily by subsidizing small nuclear plants and keeping coal and natural gas plants online.
NuScale's regulatory approval for SMRs in the U.S. gives it a unique market position, with a major project to go live in 2029. Click here to read why SMR is a Buy.
The UK is planning special districts for constructing data centers and will explore dedicating nuclear energy to the sites as part of a Labour government project to boost technology growth and the ecosystem for artificial intelligence.
Researchers from Skoltech and the Institute of High Temperature Electrochemistry of UB RAS have developed and tested a model based on machine learning that predicts the properties of molten salts. These compounds are already used in metallurgy and hold promise for resolving the problem of mounting nuclear waste.
More than a nuclear power station’s worth of electricity will be needed to meet surging demand for artificial intelligence (AI), experts have warned, as Sir Keir Starmer unveils plans for a data centre blitz.