“When the ducks are quacking, feed them.” I have read through the Fermi IPO registration statement, and had some thoughts on $FRMI...(warning, long thread):

Landowners who host #CleanEnergy projects are the heart of the industry. In a new series, #APAMember Triple Oak Power talks with landowners to share their real-life experiences with how these projects support agricultural livelihoods and family legacies bit.ly/4oA0Ims

GE Vernova talking about selling smaller, simpler gas turbines to power data centers as a stopgap before grid connection

“Nuclear” is now such a popular word on Wall Street that a natural gas power plant developer has named itself “One Nuclear Energy LLC”. The company is now capitalizing on that name choice as part of their effort to go public via a SPAC merger. They expect to raise about $210 M

Labor rates for data center talent moving up. Surprised this data aren't more bullish on increased hiring and higher rates for electrical and mechanical work tbh.

Nothing short of incredible. Started off as a flared gas bitcoin mining play. Now, has transformed into a leader in scaling up AI HPC. $10bn valuation, top caliber investor team, marquee partnerships in AI. Standing up Stargate phase I in ~12-18 months. ~20 GWs in the pipe. Doing

🇺🇸 GATES' NUCLEAR REACTOR JUST CLEARED THE BIGGEST HURDLE - AND IT'S NOT LIKE ANYTHING YOU'VE SEEN TerraPower's Natrium reactor in Wyoming just became the first advanced commercial nuclear plant to pass the NRC's full environmental review. Bill Gates is actually building the

It costs $28,000 to install rooftop solar in the US. In Australia it costs $4,000. If we can get install costs down to Australian levels, American homeowners could save $1.2 trillion over the next 25 years. 🧵

NextEra & Google partner to restart Iowa’s 615-MW Duane Arnold nuclear plant by 2029. Google will buy power via 25-yr deal for the plant output. Duane Arnold was shut down in 2020 after operating for 45 years.

Pretty remarkable change in how electricity is produced in Texas over the last 4 years.

Right now, this region, known as the Southwest Power Pool, is getting 65% of its power from wind energy. Power prices are mostly negative. We need more transmission to spread this power around. If you remove wind, power prices would be much higher. Baseload? No. Helpful? VERY.

Woah. High altitude tethered wind turbines maybe finally a thing? Chinese company Sawes just demonstrated a 1 megawatt turbine operating at 1,000 feet! linkedin.com/posts/kaiser-y…

Over the last few months, my team and I built a dataset of 500+ planned data centers in the US with a combined capacity of ~125 GW. Here's how we found them: 🧵

Latest Stargate update: 7 AI data center campuses totaling ~7-8+ GW of planned capacity across Texas, New Mexico, Ohio, Wisconsin, and Michigan Major Sites: -Abilene, TX (Flagship): 1.2 GW campus -Shackelford County, TX: 1.4 GW planned -Doña Ana County, NM: ~1 GW microgrid

A lawyer for Microsoft says: "Nobody really wants a data center in their backyard, I don't want a data center in my backyard.... Data centers, once they're operational, don't bring a lot of jobs."

I smell a rat. Why does #SamAltman #openapi need the taxpayer to guarantee their debt if they are going to make hundreds and hundreds of billions of dollars? Has he just done a cash analysis and realised he's cash flow short?

My team and I spent hundreds of hours identifying 1,000+ data centers in the US. My biggest takeaway: Many of these projects are really big, and they are being built really fast. 🧵

“According to data from Wood Mackenzie, by 2030 SMRs should generate power at $182 per megawatt hour compared with $133 per megawatt hour for conventional nuclear. Natural gas is expected to sit at $126 per megawatt hour, while onshore wind and solar, backed up by battery, are

Good read about built data centers that are sitting there empty because they can't get access to power. bloomberg.com/news/articles/…

Is $FERMI the next Enron?