Energy Transition

Multi-Gigawatt Data Centers | Making Nuclear Great Again

byCarson Kearl, Enverus Intelligence® Research (EIR) Contributor

Last week, OpenAI reportedly pitched the White House on constructing 5 GW datacenters. But what does that really mean in practical terms?

Here are some eye-opening figures:

• 5 GW of power is slightly greater than the energy output of the four Westinghouse AP1000s at the Vogtle Electric Generating Plant.

• One 5 GW data center would demand more energy than all existing data centers in Northern Virginia combined. As of March 2024, this region—responsible for over a third of the world’s internet traffic—requires just 3.6 GW across 25 million square feet of infrastructure.

The sheer size and energy demand of these proposed mega data centers have far-reaching implications. Assuming they can be sited and powered, they could reshape energy consumption patterns and land use, offering substantial growth opportunities for investors in data infrastructure, renewable energy, grid modernization and AI-driven technologies. Nuclear is the only energy source that has the innate characteristics such as reliability and scalability sought out by data-center developers. The land density of nuclear (Figure 1) is thousands of times greater than that of intermittent renewables and the energy density of the fuel is similarly greater to that of fossil fuels. Microsoft and Oracle’s recent announcements with Constellation and an undisclosed SMR developer are just the beginning of a series coming to nuclear.

Join Enverus Intelligence® Research for the webinar, “Gas-Fired Generation | Power’s Burning Question,” and discover how natural gas will play a key role in powering the future, even as its role evolves amid the transition to renewable energy.

Research Highlights

(You must be an Enverus Intelligence® Research subscriber to access links below.)

About Enverus Intelligence®| Research
Enverus Intelligence® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations, and macro-economic forecasts and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. Click here to learn more.

Picture of Carson Kearl, Enverus Intelligence® Research (EIR) Contributor

Carson Kearl, Enverus Intelligence® Research (EIR) Contributor

As an analyst on the Enverus Intelligence® Research (EIR) team, Carson is the lead on data centers and advanced energy technologies. He was previously an analyst on the macro team and has additional experience advising large industrial consumers on their energy consumption. His education in economics at the University of Alberta focused on industrial organization and power markets.

Subscribe to the Enverus Blog

A weekly update on the latest “no-fluff” insight and analysis of the energy industry.

Related Content
Enverus Press Release - Undo the queue: Enverus acquires Pearl Street Technologies to solve for a more reliable, resilient grid
Energy Market Wrap
ByEnverus

NextEra’s landmark utility merger leads this week’s Energy Market Wrap, alongside Permian dealmaking, LNG expansion and rising infrastructure investment.

Enverus Press Release - Upstream M&A sails on with $30 billion in 2Q24
Minerals
ByHasmik Belich

Prime shale inventory is getting harder to find and more expensive to acquire. The mineral acquisition market is more competitive than it has ever been. Enverus Evaluate and Acquire brings together forecasting, inventory modeling and economic valuation in one connected...

Enverus Press Release - OFS prices expected to bottom out by year’s end
Analyst Takes
ByAl Salazar, Enverus Intelligence® Research (EIR) Contributor

Analysis of Brent crude price impact Strait of Hormuz Canadian energy and why Canada has supply leverage amid geopolitical risk.

Enverus Press Release - Enverus Earns Top Workplaces Honors for Fourth Consecutive Year
Minerals
ByHasmik Belich

MARC is where the minerals and royalty world comes to compare notes. This year, I came away with a clear sense that the macro environment is finally forcing the conversations the industry has been putting off — inventory quality, capital...

Enverus Press Release - Enverus releases inaugural Top US Drillers and customer rankings
Energy Market Wrap
ByEnverus

Deals, IPO activity and LNG growth drive this week’s Energy Market Wrap, alongside rising oil output, midstream expansion and continued carbon project challenges.

Carbon storage in question: Illinois regulation could threaten key CCUS projects
Business Automation Minerals
ByPhillip Dunning

In the oil and gas industry, automated clearing house (ACH) fraud and change-of-bank scams create real exposure on both sides of a royalty payment. For operators, a fraudulent account update can mean sending funds to the wrong place — and...

Enverus Intelligence® Research Press Release - OPEC+ cuts and Trump tariffs force price downgrade
Financial Services
ByColton Wright

For years, natural gas pipelines were a straightforward asset class — stable throughput, predictable demand, reliable returns. That’s changing fast. The AI boom is driving a surge in power demand that’s reshaping how gas moves through the U.S. interstate pipeline...

Enverus Press Release - Welcome to EVOLVE 2025: Where visionaries converge to shape the future of energy
Power and Renewables
ByEnverus

As we head into a new coincident peak (CP) season across North America, it is a great time to revisit what CP programs are, how they work across major ISOs, and how Enverus performed during last summer’s season. What Is...

Enverus releases Top 50 Public E&P Operators of 2024
Energy Market Wrap
ByEnverus

Western buys Brazos for $1.6B, Keyera pushes its Plains deal, Expro adds MPD tech, Chevron holds steady, and Exxon expects tight markets to persist.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Sign up for our Blog

Ready to Subscribe?

Ready to Get Started?