The US government is urging uranium enrichment companies, including France's Urano and America's Centrus and General Matters, to rapidly expand their capabilities using financial incentives of up to $900 million to build new facilities, with the aim of increasing nuclear power production to meet growing electricity demand from data centers and artificial intelligence.
AI-generated summary
The Trump administration is seeking to dramatically increase nuclear power production to meet growing demand for electricity, especially as data centers and artificial intelligence expand.
The agency quoted Michael Gove, the US First Deputy Assistant Secretary of Energy, as saying that Washington is urging uranium enrichment companies used in nuclear power plants, including the French company "Urano" and the American companies "Centros" and "General Matter", to expand their capabilities as soon as possible.
According to Reuters, the US government relies on financial incentives, including contracts that provide for payments to companies upon completion of specific stages of their projects.
Gove said that about $900 million in government support allocated to building new facilities will be granted to companies provided that they adhere to the timetables set for implementing the projects.
For his part, James Danley, US Deputy Secretary of Energy, said during a nuclear energy conference in Paris that the United States is working to remove as many choke points as possible as quickly as possible.
The administration of US President Donald Trump seeks to significantly increase nuclear energy production, in light of the high demand for electricity, especially with the expansion of data centers and artificial intelligence.
AI outlook — possibilities, not facts
Urano, Centros, and General Matter will receive financial payments from the US government upon completion of specific phases of projects to expand uranium enrichment capabilities.
Very likely · Within months

ASEAN energy ministers meet in Manila to review plans for energy security and reduce dependence on Middle Eastern imports, amid rising oil prices and fears of the repercussions of the ongoing war.
US President Donald Trump urged Britain to increase oil production in the North Sea, indicating that new Prime Minister Andy Burnham could bring wealth to the country if exploration began in Aberdeen, otherwise they would face the risk of bankruptcy, in light of the decline in field production since its peak in 1999.

The article reviews the recovery of the trans-Saharan gas pipeline project between Algeria and Niger, and the repercussions of the closure of oil facilities in Libya on production, in addition to the progress of construction work at the Dabaa nuclear station in Egypt.
The production of Libya's Sharara oil field declined to 130,000 barrels per day after the closure of a valve in the Hamada area, with part of the production being diverted to the port of Mellitah amid efforts to repair the fault.

Satellite images revealed severe damage to a pumping station belonging to a vital Saudi oil pipeline, causing it to stop. Riyadh accused Iranian-backed militias of the attack, amid warnings from experts that the repair could take weeks, threatening global oil supplies.

Saudi Energy Minister Abdulaziz bin Salman announced the discovery of 110 million tons of ore containing uranium and rare metals in Medina, stressing the Kingdom’s commitment to transparency and international cooperation in its peaceful nuclear program.