Artificial intelligence - the gluttonous caterpillar
(PresseBox) - The demand for AI applications is increasing rapidly. New data centers are springing up. Electricity is needed.
According to estimates by the International Energy Agency, there were around 8,000 data centers worldwide at the end of 2023. They consumed two to three percent of global electricity production. By 2026, this area of electricity consumption is forecast to grow from 460 to 1050 billion kilowatt hours. ChatGPT and its relatives rely on large amounts of data, and therefore large amounts of electricity. Perhaps the Chinese system, DeepSeek, can save energy. However, the number of people using DeepSeek is increasing dramatically, which in turn increases the demand for electricity. More renewable energies and more nuclear power are needed to produce the necessary electricity. The big advantage of nuclear power is that electricity can be produced safely around the clock. One of the biggest supporters of nuclear power is France. More than 60 percent of electricity there is produced in nuclear power plants. At the recent AI summit in Paris, Macron responded to Donald Trump s slogan "drill, baby, drill" with "it s just plug, baby, plug".
Greenhouse emissions in Germany fell by almost 25 percent in 2023 compared to 2017. However, the goal of becoming climate-neutral by 2045 will not be achievable. The energy transition is making progress, climate targets are getting closer and nuclear power is part of the energy mix. But there is still a lot to do in terms of electricity prices, a secure power supply and grid expansion. We can only hope that the world will soon come closer to meeting its climate targets, just as the caterpillar will eventually become a butterfly. Investors looking to invest in uranium for nuclear power should take a look at Uranium Royalty or IsoEnergy.
Uranium Royalty - https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ - is successfully active in the royalty and streaming business as the only company in the Uranium Royalty sector.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - owns high-grade uranium deposits in Saskatchewan (Athabasca Basin) as well as in Australia, Argentina and the USA. Some of the company s mines can be put into operation at short notice.
Current company information and press releases from IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -) and Uranium Royalty (- https://www.resource-capital.ch/en/companies/uranium-royalty-corp/ -).
In accordance with ?34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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Unternehmensinformation / Kurzprofil:
Datum: 19.03.2025 - 04:35 Uhr
Sprache: Deutsch
News-ID 719219
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contact information:
Contact person: Jochen Staiger
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