Amazon and Google support tripling of global nuclear power by 2050

Power Technology | Source: Power Technology | Posted 03/14/2025

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The latest initiative builds on the commitment made by more than 30 countries in 2023.

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Amazon and Google have committed to supporting a significant increase in global nuclear energy capacity, aiming for a three-fold rise by 2050. This initiative, backed by other companies like Occidental and IHI, is facilitated by the World Nuclear Association (WNA) and follows a commitment made by over 30 countries earlier this year. Nuclear energy, which currently contributes 9% of global electricity generation, is increasingly recognized as a clean power source essential for meeting the energy demands of data centers and other industries.

The demand for uranium has surged, with prices reaching a 16-year high in January 2024 due to supply uncertainties and the impact of Covid-19 lockdowns. Despite this rising demand, uranium supply remains limited, primarily sourced from Kazakhstan, Canada, and Australia. Amazon has already invested over $1 billion in nuclear energy projects and is exploring small modular reactor technologies, while other tech giants like Meta and Google are also looking into these advancements.

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Amazon and Google support tripling of global nuclear power by 2050

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