On Monday (local time), $Alphabet(GOOG)$ said it had signed an agreement with Kairos Power to purchase electricity from 6-7 planned small modular nuclear reactors (SMRs) with a total capacity of 500 megawatt-hours to support the energy needs of its data centers and artificial intelligence.Transaction details show that Kairos plans to deliver the reactors in 2030-2035, and the construction site has not yet been determined.It is reported that Michael Terrell, senior director of energy and climate at Google, said that nuclear energy is essential to supporting Google's clean growth and the advancement of artificial intelligence. Michael Terrell also emphasized that the power grid needs these clean and reliable energy sources to support the development
Nuclear Power Stocks Soar! Is OKLO Your Pick?
Nuclear concept stocks OKLO, SMR, and NNE surged again. OKLO has refreshed its all time high this month. In addition, energy companies that supply nuclear power, such as Vistra Energy, Constellation Energy, and Talen Energy, have seen their stock prices rise by at least 90% over the past year, with the upward trend continuing in 2024. --------------- Will you jump on the wagon of nuclear power stocks?
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