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Tech Giants Back Nuclear Power Revival Amidst Cyber Threats

Tech giants are betting on nuclear power's future. But cyber threats and infrastructure hurdles pose significant challenges.

In this image I can see a poster which has so many buildings and text highlighted on it.
In this image I can see a poster which has so many buildings and text highlighted on it.

Tech Giants Back Nuclear Power Revival Amidst Cyber Threats

Tech giants are investing in revamping nuclear facilities, ensuring their long-term power supply. Meanwhile, cyber threats to U.S. utilities have surged, underscoring the need for robust cybersecurity upgrades in nuclear plants. Despite the renewed interest, nuclear power won't replace all other resources, as each technology serves distinct grid purposes.

Meta, the parent company of Facebook, stepped in to save a nuclear plant in Illinois from closure. It signed a 1.1 GW deal, demonstrating tech companies' commitment to nuclear power. Nainish Gupta, director of renewable energy certificate portfolio and regulatory compliance at POWWR, plays a key role in advancing nuclear energy developments.

AI's growing influence is set to boost power demand for data centers by 165% in the next five years, according to Goldman Sachs. This increased demand, coupled with the U.S.'s pledge to triple global nuclear energy capacity by 2050, highlights the importance of nuclear power in meeting climate goals.

Almost half of the retired or retiring nuclear reactors in the U.S. are being evaluated for restart. However, substantial upgrades and a lengthy project timeline are required. Rebuilding the uranium rod manufacturing infrastructure, scaled back during nuclear's decline, will also take time. The Three Mile Island nuclear power plant is set to restart in 2027 as the Crane Clean Energy Center, powered by a Microsoft-backed power purchase agreement.

Tech companies' investments in nuclear facilities and the U.S.'s commitment to tripling global nuclear energy capacity by 2050 signal a significant role for nuclear power in the future energy mix. However, substantial upgrades, a lengthy project timeline, and rebuilding manufacturing infrastructure pose challenges to this goal.

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