Nuclear energy companies generate electricity from nuclear fission reactions, producing reliable 24/7 carbon-free power. Constallation Energy, the largest pure-play nuclear operator in the US, owns 21 reactors across 12 plants. Nuclear power has undergone a dramatic revaluation — once thought to be in secular decline, it is now seen as essential to decarbonization and AI data center power demand. Microsoft's contract to restart Three Mile Island and other hyperscaler nuclear power purchase agreements signal a new era for nuclear economics.
Power purchase agreement (PPA) prices for baseload nuclear power. Wholesale electricity prices in PJM and ERCOT markets. Uranium spot prices at Cameco as fuel cost indicator. SMR regulatory approval timelines at NRC — first licenses determine when new nuclear capacity comes online.