Going nuclear again
Business Standard|October 19, 2024
Digital giants, Amazon, Google and Microsoft are all exploring the use of nuclear energy. Indeed, nuclear power, which has been under a PR cloud for decades, may make a big comeback as a direct consequence of the advent of artificial intelligence (AI) and, to some extent, cryptocurrencies.
DEVANGSHU DATTA

Google has partnered with Kairos Power to source energy from small nuclear plants to power its AI-driven data centres. Microsoft has a deal with Constellation to use energy from the Three Mile Island plant, which was the site of a major nuclear accident. Amazon, too, has agreements to invest in small modular reactors (SMRs) to meet its future energy needs.

The sophisticated manipulation of energy is inextricably linked to the sophistication of civilisations. The Egyptians used water-wheels and hydraulics to build their pyramids. The Age of Enlightenment was driven by steam. Electricity added many productive hours to the day and enabled innovations like the telegraph.

Power demand rises with economic growth, and even as AI promises to push the global economy into an upcycle, massive amounts of power will be needed for the data centres that are its lifeblood. Cryptocurrency mining also adds to power demand.

The spectre of climate change associated with high carbon footprints makes thermal power unattractive. Hence, the renewed interest in nuclear, which offers the advantages of thermal without the same carbon footprint.

Bu hikaye Business Standard dergisinin October 19, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Standard dergisinin October 19, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS STANDARD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Loser takes all
Business Standard

Loser takes all

This book was published in September, three months ahead of the US presidential polls, presumably to reveal to voters the dangers of returning Donald Trump to the White House.

time-read
5 dak  |
November 30, 2024
Business Standard

J&K HC asks Army to pay 46 years' rent to landowner

The High Court of Jammu and Kashmir and Ladakh recently held that the right to property now falls within the realm of human rights.

time-read
1 min  |
November 30, 2024
Business Standard

India, UK navies to develop electric propulsion for next-gen warships

The ministries of defence of India and the UK have signed a statement of intent (SoI) to cooperate in designing and developing Electric Propulsion Systems for the Indian Navy.

time-read
2 dak  |
November 30, 2024
India backs Iskcon, tells Bangladesh to protect minorities
Business Standard

India backs Iskcon, tells Bangladesh to protect minorities

New Delhi hopes arrested monk will get fair trial

time-read
1 min  |
November 30, 2024
HAVING A BALL
Business Standard

HAVING A BALL

Indian bowlers are winning matches and setting IPL auction records. But brands are not yet bowled over. Will Bumrah get bowlers their due?

time-read
5 dak  |
November 30, 2024
Business Standard

Link UPI app to bank account with limited funds, set daily limits

Indians have lost ₹485 crore to frauds on the Unified Payments Interface (UPI) across 632,000 incidents reported until September of the current financial year, according to data from the Ministry of Finance.

time-read
2 dak  |
November 30, 2024
Arpu gains, lower capex augur well for Airtel
Business Standard

Arpu gains, lower capex augur well for Airtel

Brokerages positive on stock; earnings flows may rise over next 24 mths

time-read
2 dak  |
November 30, 2024
NIFTY LOGS BACK-TO-BACK MONTHLY LOSS
Business Standard

NIFTY LOGS BACK-TO-BACK MONTHLY LOSS

Benchmark Nifty 50 index shed 0.3 per cent in November, logging its first back-to-back monthly loss since February 2023.

time-read
1 min  |
November 30, 2024
Lock-up on ₹1.2 trn pre-IPO shares to lift in two months
Business Standard

Lock-up on ₹1.2 trn pre-IPO shares to lift in two months

Lock-up on shares worth nearly ₹1.2 trillion ($14 billion) belonging to 50 companies will end between now and January 31, said Nuvama Institutional Equities in a note.

time-read
1 min  |
November 30, 2024
Margin moderation may cap upsides for Colgate
Business Standard

Margin moderation may cap upsides for Colgate

After gaining over 15 per cent in the first half of the week, the stock of oral care major Colgate-Palmolive (India) has shed about a third of those gains.

time-read
2 dak  |
November 30, 2024