Technology

US Tech Giants Support Tripling Nuclear Energy by 2050

In a big push to develop nuclear energy, the US Tech giants such as Meta, Amazon, Google and other major energy users including Dow, Occidental, Allseas and OSGE have signed a pledge supporting the goal of at least tripling global nuclear capacity by 2050.

Nuclear energy currently accounts for 9% of the world’s electricity from 439 operable nuclear power reactors.

The announcement was made on Wednesday evening at the ongoing CERAWeek 2025 in Houston, Texas by these large energy users and this follows earlier pledges made by 31 countries, 140 nuclear industry companies and 14 major global banks and financial institutions to support the goal.

The pledge said that despite ongoing energy efficiency and optimisation efforts, energy demand in many industries is expected to increase significantly in the coming years in order to support growing economies.

“As signatories to the pledge, we agree that nuclear energy capacity should at least triple by 2050, from current levels, to help achieve global goals for enhanced energy resiliency and security, and continuous firm clean energy supply,” the companies said.

They also recognised that large energy users often depend on the availability of abundant energy for their successful and cost-competitive operations, and that nuclear energy can provide round-the-clock energy independently of the weather, the season or the geographical location, and that safe, clean, firm energy technologies, including nuclear, play an important role in creating a diversified and reliable grid.

They also agree that there was a significant role for nuclear technologies to provide generation for a wide range of economic activity, including the technology sector, increased electrification, the provision of high temperature industrial process heat, hydrogen production, district heating and the production of synthetic fuels, and by ensuring that nuclear and other energy sources have equal access to finance, governments can enable nuclear capacity deployment at scale worldwide.

Google’s Lucia Tian, Head of Clean Energy & Decarbonization Technologies, said that they were supporting to triple nuclear capacity by 2050, as nuclear power will be pivotal in building a reliable, secure, and sustainable energy future.

Google will continue to work alongside our partners to accelerate the commercialisation of advanced nuclear technologies that can provide the around-the-clock clean energy necessary to meet growing electricity demand around the world, Tian added.

Amazon Web Services’ Brandon Oyer, Head of Americas Energy and Water, said that accelerating nuclear energy development will be critical to strengthening the country’s security, meeting future energy demands, and addressing climate change.

“Amazon supports the World Nuclear Association’s pledge, and is proud to have invested more than $1 billion over the last year in nuclear energy projects and technologies, which is part of our broader Climate Pledge commitment to be net-zero carbon by 2040,” Oyer added.

Meta’s Urvi Parekh, Head of Global Energy, said that as global economies expand, the need for a reliable, clean, and resilient energy supply is paramount. Nuclear energy, with its ability to provide continuous power, can help meet this rising demand.

Growing Support for N-Energy

Over the past year several companies, which use large amounts of energy and expect their needs to increase, have announced plans to invest in nuclear energy as a way to meet their requirements while also cutting their carbon emissions.

The growing energy demands of AI and data centres has led to large numbers of small modular reactor, and some large-scale new nuclear units, being planned or discussed, as well as growing recognition from other industries that they can use nuclear-generated energy and heat to decarbonise their industrial processes.

The initial pledge to triple global nuclear energy capacity was launched by World Nuclear Association (WNA) in partnership with Emirates Nuclear Energy Corporation ENEC) ahead of the COP28 summit in Dubai in 2023.

Global Business Magazine

Recent Posts

Sharjah’s property market achieves a historic milestone with record sales of Dh65.6 billion

Strong investor demand, growing international interest, expanding infrastructure developments, and a rising population make Sharjah…

57 minutes ago

Gulf States suffer the loss of Dh550 billion in energy income due to the regional war

According to Majid Jafar, CEO of Crescent Petroleum Company, the Middle East military dispute is…

1 day ago

More than 3,200 new Dubai homebuyers emerge within one year

The project kicked off operations in July 2025 and has already witnessed residential real estate…

2 days ago

Remraam tenants in Dubai were provided with compensation due to temporary eviction

Residents in the Remraam area of Dubai have received offers of rent reimbursement and resettlement…

3 days ago

PROFX EXPO AFRICA 2026

PROFX MEDIA ANNOUNCES PROFX EXPO AFRICA 2026 IN CAPE  TOWN, UNITING GLOBAL FOREX & FINTECH…

4 days ago

PROFIN EXPO BANGKOK 2026

PROFX MEDIA TO HOST PROFINEXPO BANGKOK 2026, A GLOBAL  GATHERING OF FINTECH, BANKING & INVESTMENT…

4 days ago