This week, atomic energy companies have reached record maxima after Amazon and Google technological giants have concluded landmark electricity supplies, which stimulated efforts to deploy the first small modular reactors (MMRs) in the United States. About it reports Financial Times.
Prices for shares of US MMR developers OKLO Inc and Nuscale Power increased by 99% and 37%, respectively. It happened after the announcement of private developers of MMR X-Energy and Kairos Power on the conclusion of agreements on financing their projects.
During the week of October 14-20, shares of companies such as Cameco, OKLO, Nuscale, Constellation Energy and Bwx Technologies were traded at high-level record. For example, Uranu's Uranium shares increased by 38%, and the BWX Technologies supplier's stocks were jumped by 65%.
Amazon and Google's solution to invest in small reactors emphasizes their need for a reliable, cost -effective and pure electricity source that will provide a new wave of artificial intelligence data centers. The concluded agreements support plans for deploying up to a dozen new generation reactors, which will provide low -carbon electricity with energy -intensive Amazon and Google data centers.
Investors perceived these statements as a sign of the restoration of the nuclear Renaissance after the recession caused by the Fukushima Avane in Japan in 2011. The growth of data processing centers stimulates the historical increase in demand for electricity in the United States, which threatens the effort to reduce the dependence on fossil fuel and decarbonization.
