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The Race to Power AI Is Reviving America's Nuclear Ambitions
EnergyIndustry news

The Race to Power AI Is Reviving America's Nuclear Ambitions

The artificial intelligence boom is supercharging the development of next-gen nuclear energy technology. Big Tech and private equity are catalyzing the research and development of cutting-edge approaches to round-the-clock clean energy production as hyperscalers add power-hungry data centers to the grid at a blistering rate. “A single hyperscale data center can consume as much electricity as 50,000 homes,” writes the MIT Energy Initiative. “U.S. data centers consumed more than 4% of the country’s total electricity…

Editorial Desk

Uranium Prices Surge as Nuclear Demand Accelerates
EnergyIndustry news

Uranium Prices Surge as Nuclear Demand Accelerates

Bloomberg's continuous front-month uranium futures contract (UXA1 Comdty) briefly surged above $100 a pound in late January, driven by tightening supplies, renewed government support for nuclear power, and rising electricity demand from the AI infrastructure boom. Uranium futures then retreated and remained range-bound between $84 and $87 for five months. But momentum has returned in August, with prices approaching $89 a pound, the highest level since early February. The ongoing theme is that years of underinvestment have limited mine supply growth…

Editorial Desk

Duration of power outages in Puerto Rico not caused by major events increased 19% in 2025
EnergyIndustry news

Duration of power outages in Puerto Rico not caused by major events increased 19% in 2025

In 2025, customers in Puerto Rico experienced an average of 36 hours of power interruptions that were not caused by major events such as hurricanes, 19% more than in 2024. On average, between 2021 and 2025, Puerto Rican customers experience 29 hours of power loss each year. By comparison, electricity customers in the mainland United States generally experience about two hours of electricity interruptions per year without major events.

Editorial Desk