NextEra Energy continues to evaluate the possibility of reopening the Duane Arnold nuclear power plant in Iowa amid growing interest from data center companies, CEO John Ketchum told investors Thursday during a third quarter earnings call.
Duane Arnold's boiling water reactor could make it easier to restart and operate economically than other nuclear power plants, Ketchum said. New nuclear technologies like small modular reactors remain uneconomical, Ketchum said.
Nuclear will likely supply just a fraction of the 900 GW the U.S. needs to add by 2040 to keep up with demand, Ketchum said.