JOURNAL ARTICLE

Nuclear Developer Proposes Using Navy Reactors for Data Centers.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Malik, Naureen S. 3 of 3

Abstract

The article discusses a proposal by HGP Intelligent Energy LLC, a Texas power developer, to repurpose retired nuclear reactors from Navy warships to supply electricity to the US grid, particularly for a data center project in Oak Ridge, Tennessee. The initiative aims to generate approximately 450-520 megawatts of continuous power, sufficient for around 360,000 homes, as the country faces increasing energy demands. The project, which is part of the White House's Genesis Mission, would involve significant private investment and is projected to be completed by 2029. HGP plans to seek a loan guarantee from the Energy Department and has outlined a revenue-sharing model with the government, along with a decommissioning fund. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2025
  • Accession Number:190465019
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.