Constellation refocusing on grid-connected AI data center power projects
NEW YORK (Reuters) -Constellation Energy is increasingly focused on potential data center projects that connect to the U.S. electrical grid in a pivot away from the company's previous emphasis on fueling the giant server warehouses directly from its power plants, company executives said on Tuesday. Big Tech's race to secure huge amounts of electricity to fuel its artificial intelligence expansion has led to new types of deals with power companies, including so-called co-located arrangements that link AI data centers directly to nuclear plants, instead of waiting in line to connect to the grid. Those co-located data center projects have faced recent regulatory push-back over the potential for rising power bills and grid reliability impacts caused by diverting electricity from the grid to serve single customers like data centers.
Reuters
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1 hour ago