The big twist of the giants. Why do big tech companies invest in nuclear energy?

Luc Williams

Increased energy demand

Use of electricity in the world has inincrease by up to 75 percent by 2050 – according to estimates from the US Department of Energy. The ambitions of large technology companies in the development of artificial intelligence will account for a significant part of the mentioned growth.

Companies like Microsoft, Amazon, Google Whether Meta they are already aware that their development plans are in contradiction with sustainable development plans. In the last decade, they have been focusing heavily on renewable energy, but the growing requirements mean that they need a component in their energy mix that will be a stabilizing factor and ensure uninterrupted and constant access to electricity.

Big tech investments in nuclear energy

All listed above big tech companies research or develop nuclear energy projects. There are many indications that they will set a trend for the entire industry.

“We see that nuclear energy has many benefits,” said Michael Terrell, senior director of energy and climate at Google. “It is a zero-emission source of electricity. It is a source of electricity that is constantly available. And it provides a huge business advantage.”

An example of big tech investment in nuclear is the project announced by Meta in December. It announced a tender for the construction of 1 to 4 GW of new nuclear capacity in the United States. They are expected to be available at the beginning of the next decade.

The era of “nuclear resurgence”

According to many experts, we are entering… era of “nuclear rebirth” after many years of crisis in this energy subsector – we read further in CNBC. There was a period when nuclear power was written off due to widespread concerns about safety and problems with the operation of nuclear power plants. These were compounded by disinformation and negative narratives that heightened public fears. However, we are observing a renaissance of nuclear energy, and in many countries that have abandoned nuclear power (such as Germany or Japan), there is talk of re-creating and restoring power from nuclear power plant units.

About LUC WILLIAMS

Luc's expertise lies in assisting students from a myriad of disciplines to refine and enhance their thesis work with clarity and impact. His methodical approach and the knack for simplifying complex information make him an invaluable ally for any thesis writer.