Renewables Leader NextEra Expanding Gas, Nuclear for AI Boom
- GE Vernova partnership would target data centers and factories
- Surging power use has reawakened interest in nuclear energy
NextEra has said Duane Arnold uses less-complex technology that may make it easier to revive than newer nuclear plants.
Photographer: Matthieu Rondel/BloombergThis article is for subscribers only.
NextEra Energy Inc., one of the world’s biggest suppliers of wind and solar power, is moving to expand its natural gas and nuclear generation in a bid to meet the surging demand for electricity sparked by artificial intelligence.
The company has partnered with gas turbine manufacturer GE Vernova Inc. to build power generation for data centers and factories, Chief Executive Officer John Ketchum said on an earnings call Friday. NextEra has also taken the first step to restarting its shuttered Duane Arnold nuclear plant in Iowa.