Post 074 creates a new pairing. A Hormuz resolution does not change nuclear PPA economics: 20-year contracts for restarted reactors or new SMRs are indifferent to short-term oil price swings. The Crane/TMI PPA and the X-energy LOIs are priced on long-run power value, not on Gulf supply risk.
The signals around the crisis that started this story are shifting. A possible deal on the Strait of Hormuz has moved oil. But the AI buildout hasn't waited to see how it resolves. It has detached from the public systems that used to govern it and is assembling a power system of its own.
Post 074 creates a new pairing. A Hormuz resolution does not change nuclear PPA economics: 20-year contracts for restarted reactors or new SMRs are indifferent to short-term oil price swings. The Crane/TMI PPA and the X-energy LOIs are priced on long-run power value, not on Gulf supply risk.
The signals around the crisis that started this story are shifting. A possible deal on the Strait of Hormuz has moved oil. But the AI buildout hasn't waited to see how it resolves. It has detached from the public systems that used to govern it and is assembling a power system of its own.