Data Centers Embracing Nuclear, SMRs For AI Needs

2025-10-06 15:50:00 ET

By Stacey Morris, CFA

Electricity demand is on the rise globally, thanks to electrification, adoption of electric vehicles, wider use of air conditioning, and the rise of AI-related data centers. In the U.S., data centers are expected to drive roughly half of the overall increase in power demand to 2030, according to the International Energy Agency (IEA). In base case projections, the IEA expects U.S. data center power consumption to increase by 130% from 2024 to 2030....

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