No single ticker was named. Uranium & nuclear ETFs are one way for retail investors to get exposure. Not a recommendation.
Natural gas and renewables fuel AI data centers
The guest argued that natural gas and renewables backed by battery storage are the only viable near-to-medium-term power sources for AI data centers.
The argument
The guest dismissed nuclear power as a near-term solution, citing that only one nuclear plant has been built in the US in the last 45 years with massive cost overruns. He expects nuclear and small modular reactors (SMRs) to be long-dated options viable only by 2032 to 2035.
The thesis, stress-tested
✓ What validates it
- ✓Utility announcements of new natural gas and battery-backed renewable contracts dedicated to data centers
- ✓Delay or cancellation of proposed nuclear power restarts or SMR projects
▸ Risks discussed
- ▸High capital costs and long lead times for alternative power sources like nuclear
- ▸Public and regulatory resistance to nuclear waste and decommissioning
Hear it yourself
"It's part of the thinking, but I only really see two things coming about for data centers. One is natural gas. The US is swimming in abundant natural gas resources, and the second is renewables backed up by battery storage."
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