3 d. ago World Bank Lifts Ban on Nuclear Power, Considers Upstream Gas

The World Bank’s board lifted its ban on supporting nuclear power, and is discussing whether to fund natural exploration and production, as it seeks ways to bolster access to electricity to realize its core development goals.

Science

3 d. ago European Power Surges on Fresh Fears of French Reactor Corrosion

Power prices across Europe jumped as nuclear giant Electricite de France SA reported signs of “stress corrosion” at a reactor, renewing fears that generation may be curtailed once again.

Economics

4 d. ago UK announces $19 billion investment in first major nuclear plant since the 1990s

LONDON (AP) — Britain will invest 14.2 billion pounds ($19 billion) to build a new nuclear station that will reduce the U.K.’s reliance on volatile international fossil fuel markets, the government said Tuesday. Officials said the investment will go into building the new Sizewell C nuclear power plant in Suffolk, on England’s eastern coast, saying […]

Politics

5 d. ago Amazon to spend $20B on data centers in Pennsylvania, including one next to a nuclear power plant

HARRISBURG, Pa. (AP) — Amazon said Monday that it will spend $20 billion on two data center complexes in Pennsylvania, including one it is building alongside a nuclear power plant that has drawn federal scrutiny over an arrangement to essentially plug right into the power plant. Kevin Miller, vice president of global data centers at […]

Economics

9 d. ago Japanese court rejects damage claims against utility executives over Fukushima disaster

TOKYO (AP) — A Japanese court ruled former executives at the utility managing the tsunami-wrecked Fukushima Daiichi nuclear power plant were not accountable for the 2011 meltdown crisis and do not need to pay damages to the company. The Tokyo High Court ruling on Friday reversed a lower court decision in 2022 ordering four former […]

Events

9 d. ago Meta’s Nuclear Deal Underscores the Looming Gap for AI’s Power Needs

Meta Platforms Inc.’s flashy deal this week for nuclear power was just the latest sign of the technology industry’s need for more energy — and fast. And while the top US reactor companies are eager to sign more contracts, the big question remains: Will new generation come online quickly enough?

Science

1 week ago Meta the latest big tech company turning to nuclear power for AI needs

'Securing clean, reliable energy is necessary to continue advancing our AI ambitions'

Economics

1 week ago Meta’s Deal for Nuclear Power Is Likely Cheaper Than Microsoft’s, Jefferies Says

Surging demand for power to run artificial intelligence just prompted Meta Platforms Inc. to enter a 20-year contract with the biggest US nuclear operator, penning a deal that’s likely to be priced at a cheaper rate than a similar agreement rival Microsoft Corp. entered last year.

Technology

1 week ago Meta becomes the latest big tech company turning to nuclear power for AI needs

WASHINGTON (AP) — Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook’s parent company. The investment with Meta will also expand the output of a Constellation Energy Illinois nuclear plant. The agreement announced Tuesday is just the latest in a […]

Economics

1 week ago Meta becomes the latest big tech company turning to nuclear power for its AI needs

WASHINGTON (AP) — Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook’s parent company. The investment with Meta will also expand the output of a Constellation Energy Illinois nuclear plant. The agreement announced Tuesday is just the latest in a […]

Economics

1 week ago Facebook Owner Meta to Buy Nuclear Power From Constellation as AI Demand Soars

Constellation Energy Corp. agreed to sell power from an operating Illinois nuclear plant to Meta Platforms Inc., a deal that could spur construction of a new reactor at the site as artificial intelligence sends power demand soaring.

Technology

1 week ago Trump Plans to Tap Biden’s Green Bank to Make Billions in Loans

The Trump administration plans to use a $400 billion green bank the president once sought to kill to finance billions of dollars in loans for nuclear reactors, geothermal power and critical minerals, according to details of the administration’s fiscal year 2026 budget request.

Politics

3 w. ago Trump signs executive orders to boost nuclear power, speed up approvals

WASHINGTON (AP) — President Donald Trump signed executive orders Friday intended to quadruple domestic production of nuclear power within the next 25 years, a goal experts say the United States is highly unlikely to reach. To speed up the development of nuclear power, the orders grant the U.S. energy secretary authority to approve advanced reactor […]

Science