“AI has sucked all the oxygen out of the room,” said Matt Eggers, a managing director at Prelude Ventures, which invests in climate startups. “It’s not like anything we’ve seen since perhaps mobile….”
Thank you for this article. This is the message I sent to Bloomberg Reporter Michelle Ma, based in Los Angeles, California.
Bloomberg Reporter Michelle Ma fails to report there is a technology that prevents air and water pollution while providing 24/7 reliable power for data centers. That technology is nuclear power. While fossil fuel interest lobbying and fossil fuel interest P.R. may attempt to shut down nuclear power, many data center owners are clamoring for additional safe, clean, cost-effective and reliable nuclear power. As an example, see the power purchase agreement between Microsoft and Constellation Energy (CEG) announced on September 20, 2024 https://tinyurl.com/Crane-Clean-Energy
CEG is still trading well above what it was trading at on September 19, 2024. Given the market fundamentals discussed in Reporter Michelle Ma's article, I believe the gains will persist. DISCLOSURE: Our family has a very small CEG position.
Thank you for this article. This is the message I sent to Bloomberg Reporter Michelle Ma, based in Los Angeles, California.
Bloomberg Reporter Michelle Ma fails to report there is a technology that prevents air and water pollution while providing 24/7 reliable power for data centers. That technology is nuclear power. While fossil fuel interest lobbying and fossil fuel interest P.R. may attempt to shut down nuclear power, many data center owners are clamoring for additional safe, clean, cost-effective and reliable nuclear power. As an example, see the power purchase agreement between Microsoft and Constellation Energy (CEG) announced on September 20, 2024 https://tinyurl.com/Crane-Clean-Energy
I previously reported the substantial load growth forecast for Silicon Valley to 2030 by DCPP owner PG&E in their June 12, 2024 Investor Update. https://s1.q4cdn.com/880135780/files/doc_presentations/2024/June/Investor-Update-2024-Presentation_Final.pdf
CEG is still trading well above what it was trading at on September 19, 2024. Given the market fundamentals discussed in Reporter Michelle Ma's article, I believe the gains will persist. DISCLOSURE: Our family has a very small CEG position.