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Advanced nuclear firm Aalo Atomics has formed a strategic partnership with energy-first AI infrastructure company Crusoe to develop a nuclear-powered “AI Factory” data center in a project that would combine Aalo’s advanced reactor development program at Idaho National Laboratory (INL) with Crusoe’s modular AI data center platform. The companies said on July 30 that under […]
The U.S. Nuclear Regulatory Commission (NRC) has approved the License Termination Plan (LTP) for the Oyster Creek Generating Station in New Jersey, a regulatory milestone that clears the final phase of decommissioning and sets the stage for Holtec International to pursue construction of four SMR-300 small modular reactor units at the Lacey Township, New Jersey, […]
A varied group of investors has provided Commonwealth Fusion Systems (CFS) with another $1 billion in equity financing, with the company on July 30 saying the funding supports the group’s continuing work toward operating a commercial fusion energy power plant.
What is the best mix of power generation to build and use in the years ahead? For U.S. integrated electric utilities balancing reliability, affordability, and state and federal policy, resource plans are the answer. But like with any model, these plans are only as robust as the information that is fed into them. Investors are […]
A coalition led by Brookfield and NextEra Energy has unveiled plans to build a $100 billion, privately funded artificial intelligence (AI) data center campus at the U.S. Department of Energy’s (DOE) Paducah Site in Western Kentucky, paired with up to 4.6 GW of dedicated new power generation that will be built and paid for solely to serve […]