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HGP seeks federal loan to convert retired Navy reactors into carbon-free power sources for AI data centers near Oak Ridge, facing regulatory challenges.
HGP Intelligent Energy LLC is seeking a federal loan guarantee to repurpose two retired U.S. Navy nuclear reactors—capable of generating 450 and 520 megawatts—for use in AI data centers near Oak Ridge, Tennessee.
The $1.8 billion to $2.1 billion "CoreHeld Project" aims to provide reliable, carbon-free power for energy-intensive AI operations, leveraging reactors with proven naval safety records.
However, regulatory hurdles remain due to the reactors’ use of highly enriched fuel and their design as sealed systems, which do not align with current Nuclear Regulatory Commission rules for civilian plants.
The proposal reflects growing industry interest in nuclear energy as a stable, clean power source amid rising demand from AI-driven data center expansion.
HGP busca un préstamo federal para convertir reactores retirados de la Marina en fuentes de energía sin carbono para centros de datos de IA cerca de Oak Ridge, enfrentando desafíos regulatorios.