Listeners in the last several days the United States Secretary of Energy Chris Wright has announced a series of major moves shaking up the energy sector and cementing American technology leadership. Yesterday the Department of Energy unveiled a one billion dollar partnership with Advanced Micro Devices to build two ultra powerful artificial intelligence supercomputers for Oak Ridge National Laboratory. Secretary Wright explained on Fox Business that what sets this apart is the speed these new machines will be operational—the first called Lux will be up and running in under six months with three times the artificial intelligence capacity of current supercomputers. The second system Discovery is expected to come online by 2029. This deal uses a new public private partnership model where the companies involved fund the hardware and capital spending while the Department of Energy provides the site with both sides sharing the computing might. According to Fox Business and Associated Press this approach is designed to rapidly accelerate American dominance in artificial intelligence scientific research and grid modernization.
Alongside this headlines broke of another historic move—the federal government entered a strategic partnership with Westinghouse Cameco and Brookfield to build at least eighty billion dollars worth of new Westinghouse nuclear reactors across the United States. Secretary Wright said this bold initiative will not only rejuvenate the domestic nuclear industry but also make nuclear energy a central pillar in American global leadership for energy and artificial intelligence. Commerce Secretary Howard Lutnick echoed that this aligns with the president’s vision for rebuilding energy independence high wage American jobs and critical infrastructure.
On the energy transition front Secretary Wright signed the final authorization for the Venture Global liquefied natural gas export project in Louisiana and the Department of Energy has moved to acquire one million barrels for the Strategic Petroleum Reserve aiming to boost grid reliability. Speaking of reliability the Department of Energy has just approved a loan guarantee to strengthen the electric grid across the Midwest and has committed three hundred sixty five million dollars to upgrade Puerto Rico’s power grid following ongoing crises.
Secretary Wright also ordered the Federal Energy Regulatory Commission to act fast on new rules to speed up the interconnection of large electric loads such as data centers in support of both artificial intelligence growth and revitalizing domestic manufacturing. In the process the Department is ending over three hundred financial awards to projects not meeting goals saving American taxpayers over seven and a half billion dollars.
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