Goldman Sachs: Is nuclear energy the answer to AI data centers’ power consumption?

Nuclear power will be a key part of a suite of new energy infrastructure built to meet surging data-center power demand driven by artificial intelligence. But nuclear can’t meet all of the increased data-center power needs. Natural gas, renewables, and battery technology will also have a role to play, according to Goldman Sachs Research.

Several big tech companies looking for low carbon, round-the-clock energy signed contracts for new nuclear capacity in the last year, and there could be more such deals ahead. Those efforts come as electricity usage by data centers is expected to more than double by 2030, according to reports led by Brian Singer, Jim Schneider, and Carly Davenport. 

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Cedric Lucas | Partner, Infrastructure, GS Alternatives
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Lindsay Rosner, CFA | Head of Multi-Sector Investing
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Jonathan Right | Managing Director, AIMS Vintage Strategies
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Katie Bloom | Managing Director, Acquisitions/Dispositions

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