
THREE OF THE WORLD’S LARGEST TECH COMPANIES ARE PROMISING TO HELP TRIPLE GLOBAL NUCLEAR POWER SUPPLY BY 2050.
THIS COMMITMENT WAS MADE BY AMAZON, META AND GOOGLE-
AS PART OF THE WORLD NUCLEAR ASSOCIATION’S “LARGE ENERGY USERS PLEDGE”-
AIMING TO EXPAND NUCLEAR POWER CAPACITY TO MEET GROWING WORLDWIDE ELECTRICITY DEMANDS.
FIRST INTRODUCED AT THE WORLD NUCLEAR SYMPOSIUM IN 2023-
THE PLEDGE ALREADY HAS BACKING FROM 31 COUNTRIES, 140 NUCLEAR-RELATED COMPANIES, AND 14 FINANCIAL INSTITUTIONS.
BUT THIS IS THE FIRST TIME MAJOR BUSINESSES BEYOND THE ENERGY SECTOR HAVE COME TOGETHER TO PUBLICLY BACK AN EXTENSIVE AND CONCERTED EXPANSION OF NUCLEAR POWER.
CURRENTLY, AROUND 9 PERCENT OF THE PLANET’S ELECTRICITY COMES FROM NUCLEAR ENERGY-
GENERATED BY ABOUT 440 NUCLEAR REACTORS.
ANALYSTS SAY TRIPLING THAT TOTAL BY 2050 WILL REQUIRE THE SPENDING OF APPROXIMATELY 150 BILLION DOLLARS EVERY YEAR-
ULTIMATELY TOTALING TRILLIONS TO ACHIEVE.
DESPITE THE ENORMOUS INVESTMENT NEEDED TO FURTHER GROW THIS ENERGY SOURCE-
BECAUSE NUCLEAR POWER HAS A MINIMAL CARBON OUTPUT ASSOCIATED WITH IT-
LARGE TECH FIRMS, LIKE THE TRIO WHICH JUST JOINED THE LARGE ENERGY USERS PLEDGE, SEE IT AS A VIABLE SOLUTION FOR BOTH MEETING SUSTAINABILITY TARGETS-
AND SUPPLYING THE MASSIVE AMOUNTS OF ELECTRICITY NEEDED TO RUN DATA CENTERS, WHICH SUPPORT CRYPTO AND AI OPERATIONS.
LATE LAST YEAR, META PUT OUT A CALL FOR ENERGY DEVELOPERS WHO COULD HELP THE COMPANY ADD AS MUCH AS 4 GIGAWATTS OF NEW NUCLEAR CAPACITY BY THE EARLY 2030’S.
WHILE BOTH AMAZON AND GOOGLE HAVE PREVIOUSLY SIGNED AGREEMENTS TO FUND NUCLEAR POWER PROJECTS.
FOR STRAIGHT ARROW NEWS, I’M JACK AYLMER.