Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Markets

Nuclear-Powered Data Centers: The Next Big Thing?

by Team Lumida
May 24, 2024
in Markets, Nuclear Renaissance
Reading Time: 3 mins read
A A
0
Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways

  1. White House endorses nuclear energy, including SMRs, for sustainable data centers.
  2. AWS leads with a 960 MW data center connected to a nuclear plant.
  3. New SMR technology promises safer, scalable, and reliable power for data centers.

What Happened?

The White House Office of Science and Technology Policy has officially endorsed nuclear power, including small modular reactors (SMRs), as a sustainable energy source for data centers. At Data Center World 2024, Assistant Director Rian Bahran emphasized the increasing energy consumption of data centers, which account for 1-2% of annual US energy use.

Amazon Web Services (AWS) has already acquired a 1,200-acre site in Pennsylvania, connected to a 2.5 GW nuclear plant, and plans to expand its data center capacity to 960 MW. Bahran highlighted that nuclear power provides a stable and firm backbone, complementing renewables like wind and solar.

Why It Matters?

The endorsement marks a significant shift in energy policy, opening doors to reversing the trend of closing nuclear power facilities. This move addresses the growing power demands of data centers, especially with the rise of AI technologies. Nuclear energy offers a reliable and carbon-free solution, supporting job creation and emissions reduction.

The Inflation Reduction Act and state-level actions have made nuclear power economically competitive, evidenced by the $1.5 billion commitment to repower the Palisades nuclear plant in Michigan. Nuclear power is now seen as essential for maintaining grid stability and meeting future energy needs.

What’s Next?

Expect an increase in data centers located near nuclear plants, with AWS and other hyperscalers likely announcing similar plans. SMRs will play a pivotal role, with 2 GW of new-build nuclear projects expected over the next five years. Companies like Standard Power and NE Edge are already planning to deploy multiple SMRs.

The nuclear fleet’s recommissioning will ensure a continued clean energy supply, with modernized plants operating for decades. The next few years will see a blend of large-scale nuclear facilities and smaller, modular reactors powering data centers, making nuclear energy a cornerstone of sustainable tech infrastructure.

Source: Datacenterknowledge
Previous Post

Banks Target Risky Private Credit: What Investors Need to Know

Next Post

JP Morgan’s Bold Move into Private Credit

Recommended For You

Apple Is Closing Its Only Unionized U.S. Store — and the Union Says It’s Union Busting

by Team Lumida
3 hours ago
Can Apple’s Vision Pro Bounce Back with a Budget-Friendly Model?

Apple announced it will permanently close its Towson, Maryland store in June — its first and most prominent unionized U.S. location — citing 'declining conditions' at the mall....

Read more

SpaceX Isn’t Even Public Yet — and Investors Are Already Buzzing About a Tesla Merger

by Team Lumida
2 days ago
Musk and Trump’s Friendship: What It Means for the EV Market

With SpaceX confidentially filing for a July IPO at a $1.25 trillion valuation, Wall Street analysts and retail investors are openly debating whether Musk's next move is a...

Read more

Trump Rebuffs Ford’s Plea for Tariff Relief as Factory Fire Cripples F-150 Supply Chain

by Team Lumida
2 days ago
House Rebuke of Canada Tariffs Exposes Political Risk Around Trump’s Trade Agenda

Two fires at America's largest aluminum sheet plant have cost Ford $2 billion and forced it to import metal at 50% tariff rates — but the Trump administration...

Read more

Markets Surge as US-Iran Ceasefire Takes Hold — Oil Drops Below $100, Stocks Rally Globally

by Team Lumida
2 days ago
red and blue light streaks

A Pakistan-brokered two-week ceasefire between the US and Iran sent Brent crude down 14% to ~$94/barrel, South Korea's KOSPI up 6%, and Nasdaq futures higher — but key...

Read more

Bill Ackman Bids $63 Billion for Universal Music Group — Moving the World’s Largest Record Label to the NYSE

by Team Lumida
3 days ago
Bill Ackman Bids $63 Billion for Universal Music Group — Moving the World’s Largest Record Label to the NYSE

Pershing Square Capital has offered to acquire Universal Music Group — home to Taylor Swift, Bad Bunny, and the world's largest music catalog — at a $63.48 billion...

Read more

Microsoft Pivots Copilot From Free Bundle to Paid Product — And Says It Hit ‘Audacious’ Q1 Sales Goals

by Team Lumida
4 days ago
The AI Investment Dilemma: Future-Proof or Financial Folly?

Microsoft has shifted its AI sales strategy from giving Copilot away free to aggressively selling it as a paid subscription — and says it essentially hit 'audacious' internal...

Read more

Amazon Hits Third-Party Sellers With 3.5% Fuel Surcharge as Iran War Pushes Logistics Costs Higher

by Team Lumida
1 week ago
Amazon Targets Rural America: A Game-Changer for Delivery Services

Amazon will impose a temporary 3.5% fuel surcharge on sellers using its Fulfillment by Amazon service starting April 17, joining UPS, FedEx, and a first-ever USPS fuel surcharge...

Read more

SpaceX Confidentially Files for IPO — Could Be the Largest Stock Offering in History

by Team Lumida
1 week ago
SpaceX Confidentially Files for IPO — Could Be the Largest Stock Offering in History

SpaceX has filed confidential IPO paperwork with the SEC targeting a raise of $40 billion to $80 billion — what could be the largest initial public offering ever...

Read more

Nike CEO Tells Staff He’s Tired of ‘Fixing’ the Business as Turnaround Stalls

by Team Lumida
1 week ago
white and black concrete building

After Nike issued a deeply disappointing forward outlook sending shares to a 12-year low, CEO Elliott Hill held an internal all-hands where he admitted parts of his strategy...

Read more

Record 22 Mega-Deals in Q1 2026 — The Strongest Start for Big Corporate Deals in History

by Team Lumida
1 week ago
AI Job-Loss Panic Is Running Ahead of the Data, Says Bloomberg Opinion

Q1 2026 shattered the all-time record for mega-deals with 22 transactions above $10 billion globally, the strongest quarterly start ever, even as the Iran war rattled markets and...

Read more
Next Post
a tall building with many windows

JP Morgan's Bold Move into Private Credit

Ether.fi Hits Record $5.4B TVL Amid ETF Approval Buzz

Ether.fi Hits Record $5.4B TVL Amid ETF Approval Buzz

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Trump Fires BLS Chief After Weak Jobs Report, Eyes More Fed Influence

Trump Pushes Three-Way Summit With Putin and Zelensky as Europeans Shape Ukraine Peace Terms

August 19, 2025
the nvidia logo is displayed on a table

Nvidia and Chip Stocks Plummet: Is the AI Boom Over?

July 15, 2024
Can Apple’s Vision Pro Bounce Back with a Budget-Friendly Model?

Apple Asks EU to Repeal or Scale Back the Digital Markets Act

September 25, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018