The International Energy Agency reported in April 2026 that the global pipeline of conditional SMR offtake agreements between data centre operators and nuclear projects has nearly doubled from 25 GW at end-2024 to 45 GW — the fastest growth in nuclear procurement history. The IEA also reported AI data centre electricity consumption will triple by 2030. This data underpins the entire hyperscaler nuclear procurement wave and validates the long-term commercial case for SMR deployment.
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