Splitting Atoms, Scaling AI: Big Tech’s Nuclear Gambit

The boom in energy-hungry data centers in the US has led to a revival of interest in nuclear power. Small modular reactors, or SMRs, are often held up as the way forward, but the technology remains in development, which has led some big tech firms – or ‘hyperscalers’ – to explore other pathways for using nuclear power. One alternative is restarting some of the 11 nuclear facilities that have been shut in the US in the last 15 years, an option made all the more attractive given the regulatory hurdles, cost concerns and schedule overruns that tend to plague new nuclear projects. On today’s show, Tom is joined by Chris Gadomski, BloombergNEF’s lead nuclear analyst, to discuss key findings from his report “Hyperscalers’ Energy Appetite Boosts Nuclear Prospects”.

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

Hyperscalers' Energy Appetite Boosts Nuclear Prospects - https://www.bnef.com/insights/35223

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