Latest news with #KairosPower
Winnipeg Free Press
11 minutes ago
- Business
- Winnipeg Free Press
Utility to buy power from advanced nuclear plant to power Tennessee and Alabama Google data centers
NASHVILLE, Tenn. (AP) — The nation's largest public utility plans to buy power from an upcoming advanced nuclear plant to help fuel Google data centers in Tennessee and Alabama, according to a deal announced Monday. The Tennessee Valley Authority, California-based Kairos Power and Google say the agreement will deliver up to 50 megawatts of energy to the federal utility's grid that powers the data centers. The announcement comes at a time when tech companies expect to require a massive amount of power to fuel data centers behind artificial intelligence, and some of them have been especially interested in new nuclear production. President Donald Trump released a plan last month to boost AI and build data centers across the U.S. and in May signed executive orders aimed at boosting nuclear power. TVA says it is the first U.S. utility to sign a power purchase agreement to buy electricity from a next-generation nuclear reactor. It would rely on the Hermes 2 reactor in Oak Ridge, Tennessee, which is scheduled to begin operations in 2030. The agreement will power data centers in Montgomery County, Tennessee, and Jackson County, Alabama, and support future growth in the region, the news release said. Google will receive clean energy credits associated with the plant. '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,' Amanda Peterson Corio, Google's global head of data center energy, said in the news release. Hermes 2 is the first reactor under a deal between Kairos Power and Google to bring on 500 megawatts of new, advanced nuclear power production to help cover the tech giant's increased demand for electricity. The new kind of nuclear reactor uses fluoride salt-cooled, high-temperature reactor technology. It uses molten salt as a coolant. Another test version of the plant in Oak Ridge, named Hermes, does not produce electricity. The Hermes 2 plant received a construction permit from the Nuclear Regulatory Commission in November. The plant still has more steps to complete, including an application for an operating license from the Nuclear Regulatory Commission. Many next-generation reactors, including Kairos' Hermes 2, will use high-assay low-enriched uranium. The fuel is enriched to a higher level than traditional large nuclear reactors use, allowing the newer reactors to run longer and more efficiently, sit on smaller footprints and produce less waste, according to the Department of Energy. There's little of it made in the United States right now. But companies are investing to ramp up production, including in Oak Ridge. The Tennessee Valley Authority powers 10 million people across seven southern states.
Yahoo
39 minutes ago
- Business
- Yahoo
Utility to buy power from advanced nuclear plant to power Tennessee and Alabama Google data centers
NASHVILLE, Tenn. (AP) — The nation's largest public utility plans to buy power from an upcoming advanced nuclear plant to help fuel Google data centers in Tennessee and Alabama, according to a deal announced Monday. The Tennessee Valley Authority, California-based Kairos Power and Google say the agreement will deliver up to 50 megawatts of energy to the federal utility's grid that powers the data centers. The announcement comes at a time when tech companies expect to require a massive amount of power to fuel data centers behind artificial intelligence, and some of them have been especially interested in new nuclear production. President Donald Trump released a plan last month to boost AI and build data centers across the U.S. and in May signed executive orders aimed at boosting nuclear power. TVA says it is the first U.S. utility to sign a power purchase agreement to buy electricity from a next-generation nuclear reactor. It would rely on the Hermes 2 reactor in Oak Ridge, Tennessee, which is scheduled to begin operations in 2030. The agreement will power data centers in Montgomery County, Tennessee, and Jackson County, Alabama, and support future growth in the region, the news release said. Google will receive clean energy credits associated with the plant. '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,' Amanda Peterson Corio, Google's global head of data center energy, said in the news release. Hermes 2 is the first reactor under a deal between Kairos Power and Google to bring on 500 megawatts of new, advanced nuclear power production to help cover the tech giant's increased demand for electricity. The new kind of nuclear reactor uses fluoride salt-cooled, high-temperature reactor technology. It uses molten salt as a coolant. Another test version of the plant in Oak Ridge, named Hermes, does not produce electricity. The Hermes 2 plant received a construction permit from the Nuclear Regulatory Commission in November. The plant still has more steps to complete, including an application for an operating license from the Nuclear Regulatory Commission. Many next-generation reactors, including Kairos' Hermes 2, will use high-assay low-enriched uranium. The fuel is enriched to a higher level than traditional large nuclear reactors use, allowing the newer reactors to run longer and more efficiently, sit on smaller footprints and produce less waste, according to the Department of Energy. There's little of it made in the United States right now. But companies are investing to ramp up production, including in Oak Ridge. The Tennessee Valley Authority powers 10 million people across seven southern states. Jonathan Mattise, The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
42 minutes ago
- Business
- Associated Press
Utility to buy power from advanced nuclear plant to power Tennessee and Alabama Google data centers
NASHVILLE, Tenn. (AP) — The nation's largest public utility plans to buy power from an upcoming advanced nuclear plant to help fuel Google data centers in Tennessee and Alabama, according to a deal announced Monday. The Tennessee Valley Authority, California-based Kairos Power and Google say the agreement will deliver up to 50 megawatts of energy to the federal utility's grid that powers the data centers. The announcement comes at a time when tech companies expect to require a massive amount of power to fuel data centers behind artificial intelligence, and some of them have been especially interested in new nuclear production. President Donald Trump released a plan last month to boost AI and build data centers across the U.S. and in May signed executive orders aimed at boosting nuclear power. TVA says it is the first U.S. utility to sign a power purchase agreement to buy electricity from a next-generation nuclear reactor. It would rely on the Hermes 2 reactor in Oak Ridge, Tennessee, which is scheduled to begin operations in 2030. The agreement will power data centers in Montgomery County, Tennessee, and Jackson County, Alabama, and support future growth in the region, the news release said. Google will receive clean energy credits associated with the plant. '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,' Amanda Peterson Corio, Google's global head of data center energy, said in the news release. Hermes 2 is the first reactor under a deal between Kairos Power and Google to bring on 500 megawatts of new, advanced nuclear power production to help cover the tech giant's increased demand for electricity. The new kind of nuclear reactor uses fluoride salt-cooled, high-temperature reactor technology. It uses molten salt as a coolant. Another test version of the plant in Oak Ridge, named Hermes, does not produce electricity. The Hermes 2 plant received a construction permit from the Nuclear Regulatory Commission in November. The plant still has more steps to complete, including an application for an operating license from the Nuclear Regulatory Commission. Many next-generation reactors, including Kairos' Hermes 2, will use high-assay low-enriched uranium. The fuel is enriched to a higher level than traditional large nuclear reactors use, allowing the newer reactors to run longer and more efficiently, sit on smaller footprints and produce less waste, according to the Department of Energy. There's little of it made in the United States right now. But companies are investing to ramp up production, including in Oak Ridge. The Tennessee Valley Authority powers 10 million people across seven southern states.
E&E News
3 hours ago
- Business
- E&E News
Google, TVA and Kairos Power launch advanced nuclear partnership
Google, Kairos Power and the Tennessee Valley Authority announced a landmark agreement Monday to deploy one of the first advanced nuclear power purchase agreements, aiming to meet surging electricity demands from artificial intelligence data centers. Under the deal, TVA will purchase up to 50 megawatts of electricity from Kairos Power's planned Hermes 2 reactor in Oak Ridge, Tennessee. The reactor will supply electricity to Google's data centers in Tennessee and Alabama, marking the first time a U.S. utility has signed a PPA for electricity from a Generation IV advanced reactor. 'This is a huge step towards future deployments. It demonstrates how a public power provider can team up with a tech developer and with a tech company,' said Scott Hunnewell, vice president of TVA's New Nuclear Program, in an interview. 'It really lays the architecture down to expand nuclear, to quickly develop the Kairos plants and for other people to follow our lead.' Advertisement 'Advanced reactor' is an umbrella term that typically refers to small modular reactors or Gen IV reactors, the latter of which use a substance other than water as a coolant. Hermes 2 would be both an SMR and a Gen IV.
Yahoo
4 hours ago
- Business
- Yahoo
Google Bets on Nuclear to Power AI Data Centers by 2030
Google (NASDAQ:GOOGL) is turning to nuclear power to keep its AI-fueled future running. On Monday, the company said it's building its first small modular reactor (SMR) in Tennessee, with energy expected to start flowing by 2030. Warning! GuruFocus has detected 5 Warning Signs with VWDRY. The deal could deliver about 500 megawatts of capacity for Google's data centers in Tennessee and Alabama, using Kairos Power's advanced reactor technology in partnership with the Tennessee Valley Authority (TVA). TVA CEO Don Moul framed the project as bigger than just Google's energy needs. Nuclear is the bedrock of the future of energy security, he said, adding that Google's investment helps shoulder the cost and risk of developing new nuclear tech without passing the burden to TVA's 10 million customers. It's the latest sign of how energy-intensive AI has become. Back in October, Google signed deals to source power from multiple SMRs. This Tennessee project shows the company is willing to bet on first-of-its-kind nuclear solutions to keep its data centers and AI ambitions running on clean, steady power. This article first appeared on GuruFocus. Sign in to access your portfolio
