Gov. Josh Shapiro said Thursday that he wants to fast-track the construction of big power plants in Pennsylvania and offer hundreds of millions of dollars in tax breaks for projects that provide electricity to the grid and use hydrogen.

Digihost, a cryptocurrency mining operation, said it may want to use small nuclear reactors to power its facility located off Erie Avenue in North Tonawanda.

The Coalition’s nuclear plan aims to reshape Australia’s energy future, but high costs, long construction times, and environmental concerns make its viability uncertain. Will nuclear power deliver stability or long-term challenges?

NuScale stock has rocketed 1,175% over the past 12 months; Oklo Inc. (NYSE:OKLO), which is backed by OpenAI CEO Sam Altman, has surged 299%, Vistra Corp. (NYSE:VST) has soared 386% while Centrus Energy (NYSE:LEU) has jumped 73% over the timeframe.

With wind energy facing a deep freeze from Washington, Gov. Hochul’s call for advancing nuclear power may prove crucial for the state to hit climate targets while courting energy-hungry high tech, experts said.

Public sentiment related to nuclear power remains highly contentious. As nuclear energy regains momentum, its path forward will require rebuilding public trust.

Nuclear is part of the solution of our energy future,” said Sen. Ryan Fazio, of Greenwich, the ranking Republican on the Energy and Technology Committee.

Advanced nuclear technology firm Oklo is partnering with Texas-based prime and backup solutions company RPower to roll out an innovative “phased energy

CEG aims to eliminate 100% of greenhouse gas emissions leveraging on innovative ... components and services to the commercial nuclear power industry. BWXT offers technical, management and site ...

Gov. Shapiro said he wants to fast-track construction of power plants in Pennsylvania, and keep pace with other states that are attracting big projects such as data centers and EV factories.

Big tech energy needs, including for artificial intelligence, has elected officials giving nuclear power a serious reexamination

Renewable energy sources supplied a record 46 per cent of electricity in the final quarter of 2024 Read more at straitstimes.com.