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The Push to Triple Global Nuclear Energy by 2050

In recent years, the world has faced unprecedented growth in energy demand caused by digitalization, the development of artificial intelligence, electric vehicles, and other energy-consuming technologies. In an attempt to handle this challenge, Amazon, Meta, and Google — top stock gainers during previous years — as well as 14 leading banks and financial institutions, energy suppliers, and representatives of heavy industry, have joined forces to achieve the ambitious goal of tripling global nuclear power capacity by 2050. The World Nuclear Association initiated this program — for the first time, companies not directly involved in nuclear energy have publicly supported scaling nuclear power plants to meet their needs.  Powering the Future: The Push to Triple Global Nuclear Energy by 2050 – Programming Insider

DOE Green-Lights $57M Loan to Restart Michigan Nuclear Plant by Francisco “A.J.” Camacho

The Department of Energy has approved a $57 million loan disbursement to restart the Palisades Nuclear Plant in Michigan, marking the first financial commitment from the Trump administration for nuclear revival. DOE’s disbursement is part of an existing $1.52 billion loan guarantee aimed at restoring the 800-megawatt facility, which, if successfully restarted, would be the first U.S. commercial nuclear reactor to resume operations after being shut down. DOE green-lights $57M loan to restart Michigan nuclear plant – E&E News by POLITICO

Will Nuclear Power Be the Answer for Data Centers’ Voracious Energy Needs? by John Caulfield

The need to balance energy demands with carbon footprint reduction goals is motivating Big Tech companies to explore nuclear as an alternative power source. That is what’s motivating Big Tech companies—which pumped more than $180 billion into data center expansions and related infrastructure in 2024, according to the research firm Dell’Oro Group—to turn to nuclear as a future alternative power source. Several companies have struck strategic investment agreements to secure their access to this cleaner power, and to support the development and potential commercialization of advanced nuclear reactors. Will nuclear power be the answer for data centers’ voracious energy needs? | Building Design+Construction

Constellation Energy Awarded More Than $1B in Government Contracts

Constellation Energy signed two contracts awarded by the U.S. General Services Administration (GSA) worth more than $1 billion. The contracts are to supply power to more than 13 government agencies and perform energy savings and conservation measures at five GSA-owned facilities in the Washington, D.C. region. One of them is a 10-year, $840 million contract, the largest in GSA history. Through this contract, Constellation will supply more than 1 million megawatt hours of nuclear energy annually to various government agencies beginning in 2025. The second is a $172 million contract to enhance energy efficiency. decrease emissions and save on energy costs at five government facilities through upgrades like LED lighting, electric boilers, heat pumps, upgraded HVAC and building control equipment.  Constellation Energy awarded more than $1B in government contracts – Daily Energy Insider

Key Themes of Washington’s Farewell Address 

Crafted with the assistance of his close advisors, including Alexander Hamilton and James Madison, President George Washington’s Farewell Address was intended to offer guidance and warnings to the American people as they faced the challenges of the future. Among the most significant themes were:

  1. Neutrality in Foreign Affairs – advising that the United States should avoid becoming involved in the conflicts and political machinations of foreign powers. He argued that such alliances could lead to unnecessary entanglements and could jeopardize American interests and independence.
  2. The Dangers of Political Parties – Washington expressed concern that political factions could lead to divisions within the country and weaken the unity of the nation. He believed that political parties could become sources of discord and could prioritize their own interests over the common good. He encouraged Americans to work together for the benefit of the nation as a whole.
  3. The Importance of National Unity – He emphasized that the strength of the United States depended on the unity of its people and the coherence of its government. Washington urged Americans to set aside regional and political differences and to work together to build a strong and prosperous nation. Source: Day in History