Morgan Stanley projects $2.2 trillion in new nuclear power investments by 2050, citing rising demand from tech giants and expanded government support, and recommends Talen Energy, Vistra, GE Vernova, and Public Service Enterprise Group as key beneficiaries.
#YonhapInfomax #MorganStanley #NuclearPower #TalenEnergy #CleanEnergy #InvestmentForecast #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77620

Morgan Stanley assigns 'Overweight' rating to Talen Energy, citing potential for expanded Amazon contract and AI-related power supply strategy, setting $243 target price
#YonhapInfomax #TalenEnergy #MorganStanley #AmazonContract #AIPowerSupply #OverweightRating #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54033

Oh and surprise surprise....favored money loser for the corporate state, 'scam'azon, had to use $650 million to save the 2022 bankrupted and indebted, texas-based nuclear power corporation, #TalenEnergy.

>Talen filed for Chapter 11 bankruptcy in May 2022 as part of a financial restructuring. The company exited bankruptcy in 2023, and officials have said that this recent transaction with #AWS is a boost to its cash flow. After paying off debts, interest and other costs, Talen expects net proceeds of $361 million from the deal with #Amazon

@smallcircles @aral

Making the planet sick (but financially secure for the fortune 500 and the corporate state). The following is what amazon said about their plan to go nuclear:

>“Several years ago, Amazon set an ambitious goal to reach net-zero carbon by 2040—ten years ahead of the Paris Agreement. As part of that goal, we’re on a path to power our operations with 100 percent renewable energy by 2025—five years ahead of our original 2030 target,” an Amazon spokesperson said. “To supplement our wind and solar energy projects, which depend on weather conditions to generate energy, we’re also exploring new innovations and technologies and investing in other sources of clean, carbon-free energy. This agreement with Talen Energy for carbon-free energy is one project in that effort.”

https://web.archive.org/web/20241017001458/https://www.ans.org/news/article-5842/amazon-buys-nuclearpowered-data-center-from-talen/

Please note above that 'scam'azon's spokesperson chose to remain anonymous, seemingly not wanting to be personally tied to a future of poisons for people and planet.

#talenenergy #amazon #nuclearamazon #amazonnuclear #depleteduranium #yugoslavia #iraq #kosovo #albania #slovakia @smallcircles @aral

#nuclearamazon #nucleargoogle #googlenuclear #amazonnuclear #bigtechnuclear #nuclearbigtech #nuclearAi #aiNuclear #nuclearDatacenters #datacenterNuclear #DataCenterAlley #dominionenergy #aWSNuclear #nuclearAWS #TalenEnergy #ConstellationEnergy #nuclearMicrosoft #microsoftNuclear #ThreeMileIsland #susquehanna #KairosPower #matthewgarman see above for article

📉 Golpe al sector eléctrico : Las acciones de Talen Energy y otras empresas de energía de EE.UU. UU. caen tras el rechazo del regulador energético al plan de Talen para suministrar un centro de datos.

¿Riesgos para el futuro del sector energético? 💡🔌 #TalenEnergy #MercadoEléctrico #Energía #Inversiones #WallStreet

Why the push for more #NuclearPlants? Blame it on #BigTech (and #AI and #cryptocurrency)

Tech companies want #NuclearPower. Some utilities are throwing up roadblocks

Story by Spencer Kimball
August 9, 2024

"Tech companies are increasingly looking to directly connect data centers to nuclear plants as they race to secure clean [sic] energy to power #ArtificialIntelligence, sparking resistance from some utilities over the potential impact on the #ElectricGrid.

"#DataCenters, the computer warehouses that run the Internet, in some cases now require a gigawatt or more of power, comparable to the average capacity of a nuclear reactor in the U.S.

[...]

Amazon's nuclear agreement

"Co-locating data centers next to nuclear plants already faces controversy.

"In March, Amazon Web Services [#AWS] bought a data center powered by the 41-year-old #SusquehannaNuclear plant in #Pennsylvania from #TalenEnergy for $650 million. But the agreement to directly sell power to the AWS data center from the nuclear plant already faces opposition from utilities American Electric Power and #Exelon, who have filed complaints at the Federal Energy Regulatory Commission (FERC)."

Read more:
https://www.msn.com/en-us/money/companies/tech-companies-want-nuclear-power-some-utilities-are-throwing-up-roadblocks/ar-AA1oyZCH