"This agreement is another powerful example of how things have changed. Frustratingly ... nuclear energy was excluded from many corporate and government sustainable energy procurements. Not anymore." - Joe Dominguez, Constellation president and CEO.
"The United States government joins Microsoft and other entities to support continued investment in reliable nuclear energy that will allow Constellation to relicense and extend the lives of these critical assets." - Joe Dominguez, Constellation president and CEO.
Silicon Valley is increasingly turning to nuclear energy to satiate rising electricity demand from AI data centers. The federal government is the nation's single largest energy consumer, making this contract a big boon to the nuclear industry.
The General Services Administration awarded a 10-year, $840 million contract for 10 million megawatt-hours of electricity, equivalent to what's needed for more than 1 million homes annually.
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