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Google announces Tennessee as site for small modular nuclear reactor - The Economic Times
Google and Kairos Power will build an advanced nuclear power plant in Oak Ridge, Tennessee, to supply its southeastern US data centers by 2030.Google, with Kairos Power, has selected Tennessee as the site of an advanced nuclear power plant that is expected to supply electricity to the Big Tech company's data centers in the US southeast starting in 2030, the companies said on Monday. Why it matters? Big Tech is requiring massive amounts of electricity to scale up technologies like generative artificial intelligence in energy-intensive data centers. Those record energy needs are driving US power consumption to new highs and propelling the development of fresh power sources like next-generation nuclear energy. The Tennessee reactor is the first to be deployed as part of Google's corporate agreement, announced last year, to buy nuclear energy from multiple small modular reactors. The deal would support 500 megawatts of advanced nuclear capacity, which is enough to power about 350,000 homes, to be developed by California-based nuclear company Kairos. The 50-gigawatt small modular nuclear power plant will be built in Oak Ridge, Tennessee, under a long-term power purchase agreement with utility Tennessee Valley Authority, to deliver electricity to Google data centers locally and in the state of Alabama. "This collaboration with TVA, Kairos Power, and the Oak Ridge community will accelerate the deployment of innovative nuclear technologies and help support the needs of our growing digital economy while also bringing firm carbon-free energy to the electricity system," said Google's Amanda Peterson Corio. The project marks the first time a US utility has signed a power purchase agreement for so-called generation IV nuclear power, which is generally seen as the most sustainable and safe form of nuclear power technologies in development, the companies said. Energy secretary weighs in "The deployment of advanced nuclear reactors is essential to US AI dominance and energy leadership," US Energy Secretary Chris Wright said in a statement announcing the site selection. "The Department of Energy has assisted Kairos Power with overcoming technical, operational, and regulatory challenges as a participant in the Advanced Reactor Demonstration Program, and DOE will continue to help accelerate the next American nuclear renaissance." Currently, there are no commercially available advanced nuclear power plants in the US.
[2]
Google announces Tennessee as site for small modular nuclear reactor
NEW YORK (Reuters) -Google, with Kairos Power, has selected Tennessee as the site of an advanced nuclear power plant that is expected to supply electricity to the Big Tech company's data centers in the U.S. southeast starting in 2030, the companies said on Monday. WHY IT MATTERS Big Tech is requiring massive amounts of electricity to scale up technologies like generative artificial intelligence in energy-intensive data centers. Those record energy needs are driving U.S. power consumption to new highs and propelling the development of fresh power sources like next-generation nuclear energy. The Tennessee reactor is the first to be deployed as part of Google's corporate agreement, announced last year, to buy nuclear energy from multiple small modular reactors. The deal would support 500 megawatts of advanced nuclear capacity, which is enough to power about 350,000 homes, to be developed by California-based nuclear company Kairos. The 50-gigawatt small modular nuclear power plant will be built in Oak Ridge, Tennessee, under a long-term power purchase agreement with utility Tennessee Valley Authority, to deliver electricity to Google data centers locally and in the state of Alabama. KEY QUOTE "This collaboration with TVA, Kairos Power, and the Oak Ridge community will accelerate the deployment of innovative nuclear technologies and help support the needs of our growing digital economy while also bringing firm carbon-free energy to the electricity system," said Google's Amanda Peterson Corio. The project marks the first time a U.S. utility has signed a power purchase agreement for so-called generation IV nuclear power, which is generally seen as the most sustainable and safe form of nuclear power technologies in development, the companies said. ENERGY SECRETARY WEIGHS IN "The deployment of advanced nuclear reactors is essential to U.S. AI dominance and energy leadership," U.S. Energy Secretary Chris Wright said in a statement announcing the site selection. "The Department of Energy has assisted Kairos Power with overcoming technical, operational, and regulatory challenges as a participant in the Advanced Reactor Demonstration Program, and DOE will continue to help accelerate the next American nuclear renaissance." Currently, there are no commercially available advanced nuclear power plants in the U.S. (Reporting by Laila KearneyEditing by Marguerita Choy)
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Google and Kairos Power announce plans to construct a small modular nuclear reactor in Tennessee, aiming to power AI-driven data centers by 2030. This marks a significant step in addressing the growing energy demands of Big Tech and advancing nuclear technology.
In a groundbreaking move, Google has announced its partnership with Kairos Power to construct an advanced nuclear power plant in Oak Ridge, Tennessee. This initiative, set to be operational by 2030, aims to supply electricity to Google's data centers in the southeastern United States, marking a significant step in the tech giant's commitment to sustainable energy solutions 12.
Source: Economic Times
The decision to invest in nuclear power comes as a response to the escalating energy requirements of Big Tech companies, particularly driven by the rapid advancement of artificial intelligence technologies. As AI applications become more sophisticated and widespread, the demand for power in data centers has surged to unprecedented levels 12.
Google's agreement with Kairos Power, announced last year, involves the development of multiple small modular reactors (SMRs). The Tennessee facility represents the first deployment under this corporate agreement, supporting 500 megawatts of advanced nuclear capacity – sufficient to power approximately 350,000 homes 12.
The planned 50-gigawatt small modular nuclear power plant will be constructed in Oak Ridge, Tennessee. This project is underpinned by a long-term power purchase agreement with the Tennessee Valley Authority (TVA), ensuring the delivery of electricity to Google's data centers in Tennessee and Alabama 12.
Amanda Peterson Corio, representing Google, emphasized the collaborative nature of the project: "This collaboration with TVA, Kairos Power, and the Oak Ridge community will accelerate the deployment of innovative nuclear technologies and help support the needs of our growing digital economy while also bringing firm carbon-free energy to the electricity system" 12.
This initiative marks a significant milestone in the nuclear energy sector, as it represents the first instance of a U.S. utility signing a power purchase agreement for Generation IV nuclear power. This advanced form of nuclear technology is widely regarded as the most sustainable and safe among the nuclear power technologies currently in development 12.
The U.S. Department of Energy has played a crucial role in supporting this project. Energy Secretary Chris Wright underscored the importance of advanced nuclear reactors, stating, "The deployment of advanced nuclear reactors is essential to U.S. AI dominance and energy leadership" 12.
The Department of Energy has been instrumental in assisting Kairos Power to overcome various challenges through the Advanced Reactor Demonstration Program. This support is expected to continue, potentially catalyzing what Wright refers to as "the next American nuclear renaissance" 12.
Source: Market Screener
As the first commercial deployment of an advanced nuclear power plant in the United States, this project represents a pivotal moment in the intersection of technology and energy sectors. It not only addresses the immediate power needs of AI-driven industries but also paves the way for future innovations in clean energy production 12.
The success of this venture could have far-reaching implications for both the tech industry and the energy sector, potentially influencing future strategies for sustainable power generation and consumption in the era of AI and big data.
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