Why Big Techs nuclear power bet could raise customer bills

Published: April 19, 2024, 9 a.m.

Big tech companies are investing in nuclear energy to power their artificial intelligence and other data center operations. But that trend could drive up utility bills for customers and could undermine the reliability of the nation's power system. POLITICO\u2019s Catherine Morehouse breaks down why tech\u2019s nuclear bet could have energy consequences. Plus, President Joe Biden\u2019s controversial pause on new permits for liquified natural gas exports is expected to end around March 2025, according to an Energy Department official. \n\nFor more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch\n\nAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy\n\n\nCatherine Morehouse is an energy reporter for POLITICO. \nNirmal Mulaikal is a POLITICO audio host-producer. \nAnnie Rees is a senior audio producer-host at POLITICO. \nGloria Gonzalez is the deputy energy editor for POLITICO. \nMatt Daily is the energy editor for POLITICO.