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Data Centers Embracing Nuclear, SMRs for AI Needs
Etftrends· 2025-10-06 11:25
Electricity demand is on the rise globally thanks to electrification, adoption of electric vehicles, wider use of air conditioning, and the rise of AI-related data centers. In the U.S., data centers are expected to drive roughly half of the overall increase in power demand to 2030, according to the International Energy Agency (IEA). In base case projections, the IEA expects U.S. data center power consumption to increase by 130% from 2024 to 2030. For context, a typical hyperscale AI data center uses the sam ...
Google and Kairos Power to deploy advanced nuclear plant in Tennessee Valley Authority by 2030
CNBC· 2025-08-18 12:32
Core Insights - Alphabet's Google and Kairos Power will deploy an advanced nuclear plant, Hermes 2, connected to the Tennessee Valley Authority's electric grid by 2030 [1][4] - TVA has agreed to purchase up to 50 megawatts of power from the Hermes 2 reactor, marking the first power purchase agreement in the U.S. for an advanced reactor [1][2] - The reactor's output will be sufficient to power approximately 36,000 homes, supporting Google's data centers in Tennessee and Alabama [2] Financial and Operational Aspects - The collaboration aims to mitigate financial risks for consumers by having Kairos and Google bear the costs associated with building the plant, while TVA provides a revenue stream through the power purchase agreement [3][4] - TVA's CEO emphasized that this arrangement allows for innovation without placing the financial burden on consumers [4] - The construction permit for Hermes 2 was received from the Nuclear Regulatory Commission in November 2024, with an operating license application required before operations can commence [4] Additional Information - TVA did not disclose the electricity pricing from Hermes 2, nor did Kairos provide estimated costs for the plant [5]