EarlyBird News
Meta Joins The Nuclear-Powered Al Movement
December 3, 2024Facebook parent Meta is seeking developers that can bring nuclear reactors online starting in the early 2030s to support data centers and communities around them. Meta is joining Amazon, Google, and other tech giants in turning to nuclear generation to fuel energy-thirsty Al data centers with zero-carbon electrons. The company just announced a request for […]
U.S. Natural Gas Futures Rise on Demand Outlook
November 21, 2024U.S. natural gas settles higher in an up-and-down session, again testing the key $3 level as prospects for heating demand pick up. Current winter forecasts call for average temperatures 2 degrees Fahrenheit below last year for the December-February period, which could add around 2.8 billion cubic feet a day to residential and commercial demand, Bank […]
Liberty Energy CEO Wright Nominated to Be Energy Secretary
November 19, 2024According to Factiva data, Liberty Energy is one of the most mentioned companies in the U.S. across all news items in the past 12 hours. Liberty Energy’s Chief Executive Officer Chris Wright is Donald Trump’s choice to head the Energy Department. Wright’s selection leaves the door open for investing in technologies outside of oil and […]
Inflation Reduction Act under risk under second Trump administration
November 15, 2024The Inflation Reduction Act (IRA) is unlikely to face a full repeal, even if Trump wins the 2024 U.S. election, as this would require Republican control of the presidency and both houses of Congress, which is improbable given the expected slim majorities in Congress. A Trump administration would prioritize extending the 2017 Tax Cuts and […]
Biden administration plans to triple US nuclear energy capacity by 2050
November 13, 2024The Biden administration’s roadmap to triple U.S. nuclear energy capacity by 2050 involves adding 200 GW through new reactor construction, restarts, and power upgrades. It includes plans for 35 GW of nuclear capacity by 2035, scaling up to 15 GW annually by 2040. The strategy also promotes deploying gigawatt-scale reactors, modular reactors, and microreactors, with […]
Inside the Audacious Plan to Reopen Three Mile Island’s Nuclear Plant
At a small gathering for CEOs last year, OpenAl co-founder Sam Altman made a stunning pronouncement: Future data centers for some artificial intelligence models would require as much power as a large city. Among those taken aback in the group gathered at Microsoft’s headquarters was Joe Dominguez, the chief executive of Constellation Energy, which produces […]
Nuclear goes nuclear
October 15, 2024Google has partnered with nuclear startup Kairos Power to support the construction of seven small nuclear reactors in the U.S., aiming to provide 500 megawatts of power by the end of the decade. This initiative is designed to help meet Google’s increasing energy demands for AI while revitalizing the nuclear sector. Kairos plans to complete […]
Surge in AI has increased to demand for power
October 2, 2024With AI becoming so ubiquitous, the power it takes to utilize it fully is rapidly rising. The World Economic Forum reported that the amount of power dedicated to use AI is doubling every 100 days.
Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI
September 20, 2024Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the immense energy needs of the tech sector as they build out data centers to support artificial intelligence. Constellation expects the Unit 1 reactor at Three Mile Island near Middletown, Pennsylvania, to come back online in […]