With the recent launch of its new carbon credit service, Amazon is reinforcing its climate leadership by offering its suppliers, business customers, and Climate Pledge signatories access to scientifically verified carbon credits.
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The Intersection Of AI And Energy Fortification In Business
Artificial intelligence (AI) is rapidly transforming industries, driving innovation and reshaping how businesses operate. From predictive analytics and machine learning to automation and data processing, AI technologies are unlocking new levels of efficiency and productivity. However, this technological revolution comes with a significant energy demand. As AI systems become more complex and widespread, the need...
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Nuclear Power Development is Good for Indiana’s Economy – and the Environment
Indiana Michigan Power recently announced plans for a nuclear power plant in Spencer County, Indiana. They seek to build the state’s first Small Modular Reactor (SMR) near Rockport. Although this project is 10-15 years from completion, it should excite all Hoosiers.
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How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
China and the U.S. are in a race to create the first grid-scale nuclear fusion energy. After decades of U.S. leadership, China is catching up by spending twice as much and building projects at record speed. Often called the holy grail of clean energy, nuclear fusion creates four times more energy per kilogram of fuel than traditional...
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Energy secretary says Northeast natural gas pipeline project could start this year
Energy Secretary Chris Wright said Friday that work on a proposed pipeline to bring natural gas through New York to help supply energy to New England could start by the end of this year. Wright said in an appearance on FOX Business Network’s “Mornings with Maria” that he thinks it’s “highly likely” that the so-called Constitution Pipeline, along...
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Global companies pledge historic support to triple nuclear energy
A cross-industry group of large energy users signed a pledge supporting the goal of at least tripling global nuclear capacity by 2050. This is the first time major businesses beyond the nuclear sector have come together to publicly back an extensive and concerted expansion of nuclear power to meet increasing global energy demand. They also urge other...
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Amazon and Google support tripling of global nuclear power by 2050
Amazon and Google have pledged to back the objective of a three-fold minimum increase in global nuclear energy capacity by 2050. Shale company Occidental and Japanese heavy equipment manufacturer IHI have also pledged their support, as reported by Reuters. The World Nuclear Association (WNA), the organisation that facilitated the pledge, anticipates additional backing in the coming...
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Big Tech’s big bet on nuclear power to fuel artificial intelligence
It might have seemed like one of the weirder headlines of 2024: Microsoft is paying $1.6 billion to restart Three Mile Island. That’s the nuclear power plant in Pennsylvania whose reactor #2 had a partial meltdown in 1979. There were no injuries, and nobody died, but it set the nuclear industry back years. Only two new plants...
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GPA picked for US Department of Energy program to help enhance power grid
The Guam Power Authority said it has been selected by the U.S. Department of Energy to participate in the inaugural Utility and Grid Operator Technical Assistance program. As one of only seven applicants chosen nationwide, GPA said it will gain access to expertise and resources necessary to develop reliable, resilient, and secure grids to meet...
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US approves LNG export extension for Golden Pass
The U.S. Department of Energy said on Wednesday that it has extended a permit for exports of liquefied natural gas from a Golden Pass LNG LLC project jointly owned by QatarEnergy and ExxonMobil being built in Texas. The approval will grant additional time to begin LNG exports to large markets in Asia and Europe from the...