How New Nuclear Can Power AI and Transform Communities
- Eric Lewis
- Feb 24
- 2 min read
The world is on the brink of a digital revolution, but with it comes an unprecedented energy challenge. The rise of AI and cloud computing has sparked an explosion in data centre demand, pushing energy grids to their limits. With AI models and digital services requiring constant, high-power availability, the energy sector is under pressure to find scalable, clean, and reliable solutions.
Many are turning to new nuclear as the answer. But according to Steve Wood, CEO of Fylde Coast Energy, the benefits go beyond just powering AI data centres—they extend to social and economic regeneration as well.
New Nuclear: A Catalyst for Economic Growth
At the New Nuclear Summit 2025 on April 2nd in Canary Wharf, Steve Wood will present "New Nuclear and Its Role in Social Regeneration." His talk will highlight how Fylde Coast Energy’s digital-first strategy is designed not only to provide clean energy for AI data centres but also to revitalise local economies by creating long-term, highly paid jobs in a way that is scalable, repeatable, and exportable.
"We are developing Clean Energy and AI Data Centre Parks that go beyond just solving the energy crisis," Wood explains. "By integrating new nuclear into digital infrastructure, we are creating permanent, well-paying jobs that support regional economic regeneration. This model isn’t just about power—it’s about people, communities, and a sustainable future."
Beyond Data Centres: The Vast Potential of New Nuclear
While powering AI-driven data centres is a major opportunity, new nuclear’s impact extends far beyond the digital economy. It has the potential to drive industrial decarbonisation by providing clean, high-temperature energy for steel, cement, and chemical manufacturing, industries that have traditionally relied on fossil fuels. It also plays a key role in low-carbon hydrogen production, enabling large-scale hydrogen generation through high-temperature electrolysis and thermochemical cycles, which are crucial for the future of clean transport and industrial processes.
Additionally, offshore energy and marine applications present another exciting market, with floating nuclear solutions capable of powering offshore platforms, wind farms, and maritime industries, ensuring sustainable operations in remote and energy-intensive locations. New nuclear also offers grid stability, acting as a dependable baseload energy source that can work alongside renewables to ensure a secure, carbon-free electricity supply—a critical factor in meeting Net Zero targets.
The New Nuclear Summit: A Pivotal Moment for Investors
The New Nuclear Summit 2025 is not just another conference—it is a launch platform for the future of the industry. Investors will hear first-hand why:
🔹 New Nuclear is the Energy Market of This Generation
🔹 AI Data Centres Cannot Grow Without New Nuclear
🔹 Applications Are Vast and Extend Beyond Power Generation
🔹 New Nuclear Will Kick-Start a Wide Net Zero Industry
Following the event, key industry players and investors will participate in focused roundtables, exploring the most promising routes to market for new nuclear projects.
Be Part of the Future
As AI continues its rapid expansion, the need for sustainable, high-capacity energy solutions has never been greater. New nuclear is emerging as a foundational pillar of the digital and industrial future—not only solving energy security concerns but also driving economic transformation in communities worldwide.
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