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Find out how Standard Power is changing the rules of the game in data centers.
Standard Power, an equipment placement company, intends to provide electricity to two new data centers in Ohio and Pennsylvania exclusively through miniature nuclear reactors from NuScale. Standard Power actively provides data center services not only for tasks related to artificial intelligence and high-performance computing, but also for mining the blockchain using the proof-of-work method, which is necessary for creating digital tokens such as Bitcoin.
"We see that many outdated power sources are failing, and there is a lack of new sustainable baseload sources in the market, especially given the growing demand for electricity for artificial intelligence and data centers," said Maxim Serezhin, CEO of Standard Power.
The company's two data centers in Ohio and Pennsylvania may require significant amounts of electricity. It is planned to install 24 NuScale small modular reactors at both sites. It is reported that each of these reactors is capable of generating up to 77 megawatts, which provides a total capacity of 1,848 megawatts.
However, despite the announcement, it may be several years before Standard Power can realize its nuclear ambitions. As it became known in January, Idaho National Labs will be among the first to demonstrate NuScale reactors, and the first of these modules is expected no earlier than 2029.
Small modular reactor (SMR) technology is not new: expertise in miniaturizing them has been around since the 1950s and has been developed for objects such as submarines. SMR's main innovations are related to manufacturing and modularity. TerraPower, Westinghouse, and NuScale are developing SMR technology, with NuScale becoming the first to receive approval from the U.S. Nuclear Regulatory Commission for commercial use.
Standard Power is far from the first data center operator that is interested in nuclear energy. Cumulus Data opened a data center next to a nuclear power plant in January, and last month it became known that Microsoft is looking for a specialist for possible use of SMR systems to support the growing enterprise cloud.
Standard Power, an equipment placement company, intends to provide electricity to two new data centers in Ohio and Pennsylvania exclusively through miniature nuclear reactors from NuScale. Standard Power actively provides data center services not only for tasks related to artificial intelligence and high-performance computing, but also for mining the blockchain using the proof-of-work method, which is necessary for creating digital tokens such as Bitcoin.
"We see that many outdated power sources are failing, and there is a lack of new sustainable baseload sources in the market, especially given the growing demand for electricity for artificial intelligence and data centers," said Maxim Serezhin, CEO of Standard Power.
The company's two data centers in Ohio and Pennsylvania may require significant amounts of electricity. It is planned to install 24 NuScale small modular reactors at both sites. It is reported that each of these reactors is capable of generating up to 77 megawatts, which provides a total capacity of 1,848 megawatts.
However, despite the announcement, it may be several years before Standard Power can realize its nuclear ambitions. As it became known in January, Idaho National Labs will be among the first to demonstrate NuScale reactors, and the first of these modules is expected no earlier than 2029.
Small modular reactor (SMR) technology is not new: expertise in miniaturizing them has been around since the 1950s and has been developed for objects such as submarines. SMR's main innovations are related to manufacturing and modularity. TerraPower, Westinghouse, and NuScale are developing SMR technology, with NuScale becoming the first to receive approval from the U.S. Nuclear Regulatory Commission for commercial use.
Standard Power is far from the first data center operator that is interested in nuclear energy. Cumulus Data opened a data center next to a nuclear power plant in January, and last month it became known that Microsoft is looking for a specialist for possible use of SMR systems to support the growing enterprise cloud.
