Renewables Leader NextEra Expanding Gas, Nuclear for AI Boom (1)

Jan. 24, 2025, 6:18 PM UTC

NextEra Energy Inc., one of the world’s biggest suppliers of wind and solar power, is moving to expand its natural gas and nuclear generation in a bid to meet the surging demand for electricity sparked by artificial intelligence.

The company has partnered with gas turbine manufacturer GE Vernova Inc. to build power generation for data centers and factories, Chief Executive Officer John Ketchum said on an earnings call Friday. NextEra has also taken the first step to restarting its shuttered Duane Arnold nuclear plant in Iowa.

US power consumption is rising, driven by data centers and AI, along ...

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