Duke Energy Seeks Tech Partners for New Nuclear Power
Duke Energy is discussing potential nuclear power projects with major technology companies to share the financial risks of reactor construction. The utility aims to address rising demand from data centers while avoiding the cost overruns often linked to new builds.
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DUKE ENERGY CORP is negotiating with hyperscalers to co-fund new nuclear reactors. The utility operates the largest regulated nuclear fleet in the country, with record data center demand driving the need for additional capacity. Shifting construction risk to tech giants allows Duke to expand without overextending its balance sheet.
