Blue Energy to Build Utility-Scale Nuclear Plant Using Modular Manufacturing

MIT-spun Blue Energy, backed by a $380 million Series B round, is developing a 1.5-gigawatt nuclear facility in Texas for data centers—utility-scale capacity built through shipyard manufacturing rather than on-site construction. The company targets cost reduction from $10,000 to $2,000 per kilowatt and a two-year timeline versus the traditional decade. Worth flagging: these cost and schedule targets remain aspirational until demonstrated at scale. Success would reshape nuclear's role in grid decarbonization from decade-ahead planning to near-term demand response.