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Business
13 March 2025

Tech Giants Unite To Triple Nuclear Energy Capacity By 2050

Major companies pledge support for nuclear power to meet growing electricity demand and reduce emissions.

Major technology companies including Amazon, Google, and Meta have united to pledge their support for the goal of tripling global nuclear energy capacity by 2050. This initiative is driven by growing concerns over rising electricity demand and the need for clean, reliable energy sources. According to the International Energy Agency (IEA), global electricity demand is surging, anticipated to increase annually by approximately 4%.

Under the auspices of the World Nuclear Association, the coalition of influential businesses emphasizes the necessity for nuclear power as part of the solution to meet the anticipated energy needs. Sama Bilbao y Leon, Director General of the World Nuclear Association, noted, "The unprecedented support announced today by some of the world’s most influential companies to at least triple global nuclear capacity by 2050 sends a clear signal to accelerate policy, finance, and regulatory changes..." This united effort showcases the recognition of nuclear energy's role as both clean and dependable.

Data centers, which consume about 1% of the world's total energy output, are central to modern technology operations, and their energy requirements are expected to skyrocket—projected to increase by up to 300% by 2026. This surge reinforces the urgency for alternative clean energy sources, particularly nuclear power, known for its stable and low-carbon attributes.

Lucia Tian, Head of Clean Energy & Decarbonisation Technologies at Google, expressed commitment to the initiative stating, "We are proud to sign this pledge... Nuclear power will be pivotal in building a reliable, secure, and sustainable energy future." Google’s involvement reflects the broader trend among technology giants recognizing their environmental responsibilities and operational needs intertwined with sustainability goals.

Brandon Oyer, Head of Americas Energy and Water at Amazon Web Services, added, "Accelerated nuclear energy development will be..." echoing the importance of nuclear energy for national security and future energy demands. Amazon has invested over $1 billion over the past year solely on nuclear energy projects, as part of its broader Climate Pledge commitment to achieve net-zero carbon emissions by 2040.

Meta's contribution is equally significant; Urvi Parekh, Head of Global Energy, emphasized, "Nuclear energy... can help meet this rising demand." Meta recently announced plans to initiate Requests for Proposals (RFPs) for nuclear energy developers targeted at adding between 1 to 4 gigawatts of nuclear generation capacity, thereby creating substantial momentum within the industry.

The combined force of these efforts signifies not only the tech sector’s pivot to nuclear energy but also highlights the various industries depending on continuous power, driven by the expansion of manufacturing and the growth of AI technologies. Edward Stones, Business Vice President for Dow Energy & Climate, remarked, "Energy is the lifeblood of global manufacturing..." This sentiment readily aligns with the aims detailed by the technology coalition.

Companies such as Siemens Energy and others, including Allseas and Bureau Veritas, have also joined the Large Energy Users Pledge, emphasizing the collaborative approach necessary to confront the challenges of energy logistics and operational emission reductions.

The need to transition faster toward nuclear energy aligns with the growing consensus on the need for reliable power sources capable of supporting future technological expansions without exacerbping climate change. The push from these prominent companies paints a clear picture: nuclear energy must be at the forefront of our clean energy strategy.

Network stability, energy resilience, and low-carbon reliability are more than just corporate objectives—they reflect the essence of tomorrow’s energy market where clean solutions are aligned with ambitious industrial and economic growth goals.

It's clear from the shared enthusiasm of these organizations for nuclear energy's future potential; they aim to rally other large energy users to join this significant pledge. "It’s the only way we’ll deliver the abundant firm clean energy required to power growth and innovation..." noted Bilbao y Leon. The call for continued collaboration and support for nuclear energy expansion has never been stronger as the world adapts to unprecedented demand and environmental expectations.