Nuclear Power

The race for AI leads to opening even more data centres. AI data centres are not only huge but extremely power hungry as 4% of US and 3% of European electricity production being spent on this. Knowing this, AI poses a huge climate challenge especially with global warming. Nuclear power presents its self as the best solution as a reliable independent power source for datacentres.

Over the last decade, the nuclear power map has been changing. The US was the main leader in nuclear power plant production but has now lost their edge and expertise with out of the production of new plants. There is some talks and planning for new nuclear power plants with 80bilion investment but nothing has been approved or confirmed. China meanwhile has been approving approximately 10 new nuclear power reactors per year with the delivery of nuclear power station in around 6 years whilst their cost comparing to west is 2 to 3 times lower.

Western counterparts are delivering nuclear plants between 12 to 15 years with costs reaching an excess of 20 billion dollars. China is pursuing new generation of thorium rectors and is already achieve unlimited sustainable fusion. Russia is still one of the main players with 20 abroad nuclear power reactors with an additional domestic 34 reactors to be ready by 2042

In addition, all three countries are investing in the development of SMR small modular nuclear reactors. France main nuclear European electricity supplier already has 56 reactors and is pushing for 6 new nuclear reactors. Japan has 34 nuclear reactors but only 12 have a working with 90% efficiency. Canada has 17 nuclear reactors with plans for the delivery of 4 SMRs, with each having a capacity of 300MW.