Blue Energy Raises $380M to Build Grid-Scale Nuclear Reactors in Shipyards
As the grid strains under the weight of electrification and AI data centers, tech companies and utilities have been evaluating whether nuclear power can help with the burden. Blue Energy wants to build nuclear reactors in shipyards because these locations can handle large amounts of steel and can be easily shipped to the project site once completed. Once the reactor and other parts are completed in the shipyard, the company plans to move them to the installation site via barge. Though that limits the total number of sites Blue Energy can address, the company can still use rivers to reach deep into the U.S., Europe, Africa, and Asia. Blue Energy raises $380M to build grid-scale nuclear reactors in shipyards | TechCrunch
