Tech giants are increasingly adopting nuclear power to satisfy the surging energy demands driven by the booming data center industry. Notable projects include Amazon’s investment in four small modular reactors in Washington, Google’s collaboration with Kairos Power to roll out small modular reactors by 2030, and Microsoft’s power purchase agreement to reactivate the Three Mile Island nuclear power plant in Pennsylvania, which has been offline since 2019.
Gordon Dolven, a director of data center research at CBRE, remarked on the growing connection between data centers and nuclear energy, emphasizing the potential for further integration. He highlighted that advancements in small modular reactors (SMRs) provide scalable and adaptable solutions to meet future energy requirements.
The rising reliance on nuclear power presents new avenues for construction firms that possess specialized experience in atomic energy projects. Fluor CEO David Constable noted during the company’s third-quarter earnings call that small modular reactors are emerging as a significant growth sector, reflecting a strong global interest in nuclear energy as a viable solution to meet escalating power demands. As the industry evolves, contractors with expertise in this area are likely to be in high demand.
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