Nuclear Power Boost for Data Centers

Constellation Energy has received a conditional commitment for up to $5 billion in financing from the Department of Energy. This funding is earmarked for expanding the operational capacity of eight of its nuclear power plants. The projected increase in energy output is 1.1 gigawatts.

This newly available nuclear energy capacity has already seen significant interest. Major technology corporations, including Google, Meta, and Amazon, have reportedly claimed most, if not all, of this additional power. The expansion is expected to bolster energy supply for their extensive data center operations.