$NVDAB
🇺🇸 The U.S. is lending $4.2 billion to squeeze more power out of nuclear plants it already has.
The money goes to energy company Vistra for upgrades at 3 of its plants, 2 in Ohio and 1 in Pennsylvania, without building a single new reactor.
AI is driving a lot of it, with data centers eating power so fast that the grid serving those states is staring at a shortfall by 2028.
Big Tech isn't waiting around either. Meta has already locked in long-term deals for power from all 3 plants, including about 433 megawatts from the very upgrades this loan helps pay for.
Washington gets more power on the grid, and Silicon Valley is already lining up to buy it.
Source: Construction Review
#worldnews
🇺🇸 The U.S. is lending $4.2 billion to squeeze more power out of nuclear plants it already has.
The money goes to energy company Vistra for upgrades at 3 of its plants, 2 in Ohio and 1 in Pennsylvania, without building a single new reactor.
AI is driving a lot of it, with data centers eating power so fast that the grid serving those states is staring at a shortfall by 2028.
Big Tech isn't waiting around either. Meta has already locked in long-term deals for power from all 3 plants, including about 433 megawatts from the very upgrades this loan helps pay for.
Washington gets more power on the grid, and Silicon Valley is already lining up to buy it.
Source: Construction Review
#worldnews
