Silicon Valley’s intense energy demands for AI are making coal-fired power plants a hot-ticket item again

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Tech companies are eyeing coal-fired power plants headed for retirement because of their connections to the grid that a new power plant could use.

In its November report, it estimated that reusing a coal-fired plant site for a new nuclear power plant could reduce project costs by between 7% and 26%.

While some utilities were already delaying the retirement of coal-fired plants, the scores of coal-fired plants that have been shut down the past couple years — or will be shut down in the next couple years — are the object of growing interest from tech companies, venture capitalists, states and others competing for electricity.

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Article Details

Author / Journalist: Marc Levy, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Silicon Valley Electrical grid A.I. Coal Power plants Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-26 @ 18:40:15 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1169 words

Reading Time: 7 minutes read

Sentences: 4 lines

Sentence Length: 293 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28218716

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