Oracle plans nuclear deal to lower utility bills
Oracle plans to buy nuclear power for its Wisconsin data center. The move aims to shield utility customers from rising fuel costs and save millions.
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Oracle Corp plans to purchase between 125 and 250 megawatts of nuclear power to cut utility bills by $300 million between 2027 and 2033. The move aims to shield ratepayers from surging operational costs tied to the Point Beach Nuclear Plant in United States utility markets. The energy will power a $15 billion artificial intelligence data center project developed alongside OpenAI and Vantage Data Centers in Wisconsin.
