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Duke Energy exploring tech partnerships to offset nuclear expansion risks

Started by Marlin, Jun 02, 2026, 10:46

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Duke Energy is negotiating with technology companies to share the financial risks associated with constructing new nuclear power plants. The utility seeks to meet rising electricity demand from data centers while mitigating the cost and schedule uncertainties typical of large-scale nuclear projects. This shift in financing models could influence future expansion strategies for regulated utilities across the United States.

QuoteDuke Energy , one of the ​largest U.S. electric utilities, said on Monday ‌it has talked to hyperscalers about the prospect of building new nuclear power if the ​technology companies take on some of the financial ​risk of building the reactors.

Duke Energy's Oconee Nuclear Station in Seneca, South Carolina, U.S., October 12, 2025. REUTERS/Liz Hampton/File Photo Purchase Licensing Rights, opens new tab

NEW YORK, June 1 (Reuters) - Duke Energy (DUK.N), opens new tab, one of the ​largest U.S. electric utilities, said on Monday ‌it has talked to hyperscalers about the prospect of building new nuclear power if the ​technology companies take on some of the financial ​risk of building the reactors.

Read the full article at reuters.com:
https://www.reuters.com/legal/litigation/duke-energy-exploring-tech-partnerships-offset-nuclear-expansion-risks-2026-06-01/