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Energy Harbor, Standard Power to develop nuclear energy data infrastructure
Transactions - MAY 9, 2022

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Energy Harbor, Standard Power to develop nuclear energy data infrastructure

by Released

Energy Harbor Corp. and Standard Power have signed an agreement to develop a large-scale carbon-free data infrastructure operation adjacent to Energy Harbor's Beaver Valley nuclear facility in Shippingport, Penn.

The partnership will complete the required feasibility analysis to determine optimal engineering, colocation and implementation for a new data center. In Phase 1, Standard Power will commit to a 10-year agreement to purchase between 200 and 300 megawatts of 100-percent carbon-free electricity and capacity through a direct connection to the Beaver Valley nuclear facility at a fixed price that reflects the value of the clean, baseload and carbon-free attributes of nuclear power.

Phase 1 of development is expected to come online in 2023 and 2024, with the opportunity to scale development up to 900 megawatts in subsequent phases.

"We appreciate the opportunity to build upon our strong relationship with Standard Power through this industry-transforming trans

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