Tech companies want nuclear power. Some utilities are throwing up roadblocks

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

News Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Investors are looking at nuclear plants as an increasingly valuable resource as data centers’ power needs grow.

Power companies such as Constellation Energy and Vistra are in talks with customers interested in directly connecting data centers to nuclear plants.

Data centers, the computer warehouses that run the Internet, in some cases now require a gigawatt or more of power, comparable to the average capacity of a nuclear reactor in the U.S.The data centers are essential to U.S.

Constellation's Dominguez argued that connecting data centers directly to nuclear plants, called co-location by the industry, is the fastest and most cost-effective way to support the buildout of data centers, without burdening consumers with the costs of building new transmission lines. "This will harm existing customers," the utilities told FERC in a filing in June. Talen Energy has dismissed the objections as"demonstrably false," accusing the utilities of stifling innovation.

Barrón told CNBC that Constellation has"seen interest from many" tech companies in potentially co-locating a data center at one of its sites.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 270. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Big tech stocks got clobbered on Monday — What investors are looking for before they buy moreA sharp sell-off in 2024's winning names has left investors wondering whether it's safe to scoop up technology shares.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Investors de-risking both long and short bets as Fed, tech earnings loom- CitiInvestors de-risking both long and short bets as Fed, tech earnings loom- Citi
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Will the Next Batch of Tech Earnings Encourage Investors to Rotate Back in?Stocks Analysis by Christine Short covering: S&P 500, Boeing Co, Intel Corporation, Microsoft Corporation. Read Christine Short's latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: World stocks fall as investors are underwhelmed by Big Tech earningsWorld stocks are lower as the earnings reporting season ramps up for big companies.
La source: ksatnews - 🏆 442. / 53 Lire la suite »

Stock market today: World stocks fall as investors are underwhelmed by Big Tech earningsWorld stocks are lower as the earnings reporting season ramps up for big companies.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

Investors Rotate Out of Big Tech Right Before Earnings - Sign of What's to Come?Stocks Analysis by Christine Short covering: Nasdaq 100, S&P 500, Dow Jones Industrial Average, Walt Disney Company. Read Christine Short's latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »