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AI Powers Nuclear Growth: Constellation & Amazon Deal

1 Oct

Summary

Constellation Energy and Amazon signed a 20-year power purchase agreement.
The deal supports the expansion of the Calvert Cliffs nuclear plant.
Tech companies are increasing demand for reliable nuclear power.

Constellation Energy and Amazon.com announced a 20-year power purchase agreement on Wednesday. This landmark deal will support the planned expansion of the Calvert Cliffs nuclear plant, located in Maryland. The collaboration underscores a growing trend in the energy sector.

Technology companies, in particular, are expressing a heightened demand for nuclear energy. This surge is driven by the need for stable and reliable power sources to support their rapidly expanding AI-driven computing infrastructure. The agreement between Constellation and Amazon is a testament to this increasing reliance on nuclear power.

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