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The deal illustrates data centers' new-found interest in nuclear power. Joe Dominguez, the CEO of Constellation, the nation's largest operator of nuclear plants, said in a March earnings call that powering data centers with nuclear energy was "kind of a perfect marriage." AdvertisementVistra, another nuclear owner, also indicated it was arranging data center deals for a nuclear plant it owns in Ohio and one in Texas. Greg Poulos, the executive director of a PJM watchdog group, said that "one of my highest priority, highest radar items" is how data centers could push costs onto consumers and also whether nuclear data centers deals could reduce grid reliability. Beyond the nuclear optionNot all data centers, of course, are seeking out nuclear power to seize their energy independence.
Persons: , Wes Swenson, Swenson, Joe Dominguez, Jim Burke, Ralph La Rossa, La Rossa, Steve Helber, Burke, Dominguez, PJM, Michael Jacobs, Brian Janous, Greg Poulos, Poulos, Biden Organizations: Service, Susquehanna, Amazon, Business, US Energy Information Administration, Nuclear, Constellation, Public Service Enterprise Group, Microsoft, International Energy Agency, Dominion Energy, Talen Energy, Energy, Union of Concerned Locations: Pennsylvania, Salt Lake City, Ohio, Texas, New Jersey, Our, Jersey, Virginia, Chester , Va, Susquehanna, Chicago, New York City
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAs we decarbonize it's important to have energy that's there when we need it: Joe DominguezConstellation Energy CEO Joe Dominguez joins 'Mad Money' host Jim Cramer to talk clean energy, nuclear power, next-gen data centers and more.
Persons: Joe Dominguez, Jim Cramer Organizations: Joe Dominguez Constellation Energy
The CEO of nuclear-powered utility Constellation Energy , Joe Dominguez, emphasized the reliability of nuclear power in an interview with CNBC's Jim Cramer. Constellation says it's the largest producer of carbon-free energy that does not use fossil fuels, and comes from sources like wind, solar and nuclear. Dominguez added that nuclear power is reliable regardless of the weather, so it can fill in gaps that occur with solar and wind power generation. Dominguez also said Constellation aims to go beyond RECs, or annual renewable energy certificates, which he said don't always mean a company is meeting its carbon-free goals. He touted his company's energy-matching program, which aims to ensure that companies are receiving renewable energy sources on a moment-to-moment basis.
Persons: Joe Dominguez, CNBC's Jim Cramer, Dominguez Organizations: Constellation Energy Locations: RECs
Constellation Energy CEO goes one-on-one with Jim Cramer
  + stars: | 2023-09-21 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Constellation Energy CEO goes one-on-one with Jim CramerConstellation Energy CEO Joe Dominguez joins 'Mad Money' host Jim Cramer to talk clean energy, nuclear power, next-gen data centers and more.
Persons: Jim Cramer, Joe Dominguez Organizations: Constellation Energy, Jim Cramer Constellation Energy
She received several raises in the years following, and by the end of her career, Livingston was making mid-six figures. After seven years of stashing more than 70 percent of her income, she built a nest egg of $2.25 million, 40 percent of which came from investing and 60 percent from saving. They live off a modest $65,000 per year, which allows them to maintain a high savings rate. "To achieve a high savings rate, start viewing your purchases in terms of units of your time rather than dollars," she tells CNBC Make It. "To buy a home with an extra bedroom or one with fancier finishings might cost you $50,000 or $100,000.
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