October 22, 2024

By Nigam Arora & Dr. Natasha Arora

AI is power hungry.  Here are the key points:

• Big tech is concluding that solar and wind backed up by batteries is not enough.
• Big tech is committed to reducing its carbon footprint.  For this reason, big tech is looking for alternatives to natural gas and coal powered power plants.

Change

Nuclear power has had false starts before, but this time may be real due to the following four changes:

• Building nuclear plants has been very expensive — it has been difficult to finance.  The change is that big tech is willing to finance nuclear power.