Nuclear
Nuclear AI Power Demand
Hyperscaler Nuclear Deals
Every confirmed Microsoft, Amazon, Google, Meta, Oracle, and Equinix nuclear deal 2023-2026. Structure classifications (grid PPA / behind-the-meter PPA / MoU / joint development) follow press releases and 8-K filings; only grid + BTM PPAs are binding offtake.
Filter structure:
Hyperscaler GW Committed by Operator
Power capacity (GW) committed to hyperscalers, aggregated by operator and broken down by counterparty. Companion to the deal-by-deal table above.
US Data Center Power Demand
US data center electricity demand in TWh, 2020 to 2035E, with a forecast range across LBNL, McKinsey, EPRI, DOE, and Goldman, plus nuclear's share of supply on the right axis.
PPA Structures (deal-flow mix)
How the 14 confirmed hyperscaler nuclear deals split by contract structure: binding PPAs (6 deals, 3.7 GW) versus non-binding MoUs and JDAs (8 deals, 24.2 GW).
Binding (PPAs)
4,666 MW
6 deals
Non-binding
20,964 MW
7 deals
grid PPA5 deals, 3,706 MW
behind-the-meter PPA1 deals, 960 MW
MoU (non-binding)4 deals, 13,124 MW
joint development2 deals, 6,840 MW
in discussions1 deals, 1,000 MW
Nuclear Equity Performance
Monthly prices indexed to 100 on Jan 2024 versus the S&P 500, split into the eight merchant and pure-play names and the twelve regulated utilities that own most of the US reactor fleet. Markers flag the policy and deal events behind the largest moves.
Grid Interconnect Queue
Pending and decided FERC and ISO interconnection filings for nuclear-adjacent large-load data center sites, including the precedent-setting Susquehanna case.
Tracked
11
queue entries
Total MW
5,806
requested capacity
Active / approved
5,026
MW moving forward
Rejected
480
MW blocked
ERCOT
1 filingFERC (multi-ISO)
1 filingMISO
1 filingPJM
6 filingsTVA (non-RTO)
1 filing
