New Economy
Thursday, 7/2, 08:45 AM
A $35 Billion Bet on Small Nuclear Reactors to Power the AI Era
- A company backed by Polish billionaire Michał Sołowów says it will invest about £35 billion (roughly $48 billion) to build a fleet of small modular nuclear reactors in the UK — 14 units totaling 4.2 gigawatts, targeting first power around 2034.
- It's one of the largest private bets yet that 'SMRs' can help meet surging, always-on demand for clean electricity.