info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)

IT Industry Seeks Clean Sources for Power but Refuses for Nuclear Energy Plants

By Shubhendra Anand , 24 December, 2024

Electricity is a significant need behind the clean energy transition in the technology sector. Artificial intelligence is inducing advanced tech and infrastructural ideas in 2024. Data centers are hovering behind artificial intelligence as it increases the efficiency of the work. In the era of artificial intelligence, powering data centers is the most significant point of discussion. Since the computing power of artificial intelligence increases, a constant flow of electricity is necessary. However, the tech sector is trying to go green under the influence of clean energy transformation. Hence, nuclear energy seems to be a game-changer in the technology sector that will provide clean fuel and constant electricity. However, tech firms and companies are not planning to set up nuclear plants. Recent surveys from 2024 show that big IT companies are not ready to set up nuclear plants on their own.

Major IT firms like cloud providers, data centers, and other tech companies – Microsoft, Google, and others are not planning to set up nuclear plants. The idea for nuclear energy arises from clean energy transformation. The concept of nuclear energy is to eliminate fossil fuels from powering tech firms in the light of green transformation. However, other renewables like wind and solar energy can generate electricity to support the tech industry. However, renewables like solar and wind depend solely on the climatic conditions of a region. Hence, it may be challenging to ensure a constant supply of electricity. Data centers may suffer from electricity fluctuations that would affect the quality of work. It is due to artificial intelligence's computing that requires a constant power supply. Hence, nuclear plants are a great clean energy option against fossil fuel-run power plants.

The problem arises when big tech companies are not ready to build nuclear plants. Experts claim that the tech industry is avoiding the complexities of building their nuclear plants at their own risk. These companies are instead focusing on their quality of work to improve their business strategies in 2024. Instead, the tech companies are ready to depend on other sources for nuclear power, as per the surveys in 2024. Companies will likely prefer investing in other renewables like solar, wind, and hydro than building nuclear plants. Additionally, the tech industry is ready to purchase renewable sources of stable power supply from nuclear plants and utilities.

                  Data on the construction of nuclear reactors in the world till 2023:

2023.png

Latest News

imports.png
India Faces Challenges in Steel Market with Cheap Chinese Imports

The steel industry faces significant challenges in developing and developed nations. The emerging and developed economies went through the Asian steel import issues in 2024. European Union imposes certain limitations on the Asian steels as they flood…

Read More

industry.png
Huawei Technology Develops Ultra-Fast Charging Feature for EVs in 2024

Electric vehicle development in the automotive market will grow exponentially in 2024. There is a specific reason for land research to be done on improving electric vehicles. Since electric vehicles can significantly reduce carbon emissions in the…

Read More

2024.jpg
Google Dominates Tech Search in the United States, may Raise Legal Concerns

Google search will lead the tech search in the United States in 2024 on desktop and mobile versions. As the legal complaint says, Alphabet's Google tries to dominate all sectors of online ad techs. Google is trying to control and overtake its…

Read More

2023.png
IT Industry Seeks Clean Sources for Power but Refuses for Nuclear Energy Plants

Electricity is a significant need behind the clean energy transition in the technology sector. Artificial intelligence is inducing advanced tech and infrastructural ideas in 2024. Data centers are hovering behind artificial intelligence as it…

Read More

2024.png
Gold Rush in Clean Tech Expects Major Investments on the Metal in 2024

Climate change is trying to engulf the world economy in 2024. It possesses specific challenges for green energy transformation. Investment is an essential aspect of clean energy transition. Significant funding is required to transform the energy…

Read More

Author Pic
Shubhendra Anand

Head Research