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Entergy considering expanding US nuclear capacity, execs say
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Entergy considering expanding US nuclear capacity, execs say
Nov 3, 2024 3:50 PM

NEW YORK, Oct 31 (Reuters) - Entergy ( ETR ) is considering

expanding its nuclear power capacity, with the Louisiana

electric utility considering building a new reactor in

Mississippi and increasing existing capacity by as much as 300

megawatts, company executives said on Thursday.

The country's nuclear power industry is seeing a revival

after decades of floundering in light of rising electricity

demand and the vast energy needs of Big Tech's AI data centers.

Entergy ( ETR ) has an early site permit issued by the Nuclear

Regulatory Commission in 2007 for a potential new reactor at its

Grand Gulf nuclear site in Mississippi, executives said on an

earnings call. It is also considering upgrading its existing

nuclear plants and exploring the development of small modular

reactors.

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