November 11, 2024 | Power Finance & Risk | 1 minute read

Despite the Federal Energy Regulatory Commission (FERC) rejecting recent requests to increase nuclear power, Bracewell’s Andrew Shaw told Power Finance & Risk that he remains optimistic in the future of nuclear energy in meeting power demands.

“I think FERC will be looking at developing a framework by working with industry and with other stakeholders to look at these issues and ensure that data centers have the resources necessary to meet their demand,” said Shaw. “In that context, I think nuclear, and I think co-location will remain an option, and in fact, an attractive option.”

New research from Goldman Sachs has predicted that artificial intelligence is poised to drive a 160 percent increase in data center power demand by 2030.