The EU’s goal of ramping up data centre capacity is already driving more investment in nuclear energy projects as the bloc seeks to decarbonise and secure energy security at the same time, says the global investment firm.

cross-posted from: https://piefed.social/c/fuck_ai@lemmy.world/p/2430150/europes-ai-demand-could-set-off-nuclear-energy-boom-says-jp-morgan

The EU’s goal of ramping up data centre capacity is already driving more investment in nuclear energy projects as the bloc seeks to decarbonise and secure energy security at the same time, says the global investment firm.

  • excral@feddit.orgEnglish
    2·
    5 hours ago

    If they think nuclear energy is the best solution, the AI and data centre companies should just fund and build them themselves. The truth is that no nuclear power plant is ever build without public funds and/or guarantees. They are only ever profitable because of subsidies

  • Tacky4092@feddit.orgEnglish
    5·
    9 hours ago

    There is more than enough space for solar and wind farms to power all this AI data center bullshit, so no.

    • gian English
      1·
      9 hours ago

      Theoretically true but pratically false.
      For some stupid reasons (primary NIMBY syndrome) people do not want solar and/or wind farm near their houses.

      And the problem with solar and wind is that it is not assured that they produce when you need it.
      Not that they should not be used, everything that reduce the oil needs are good, but you really cannot base everything on them unless you are able to build a single grid for Europe since stastically speaking in a continent there will always be some places that generate more than needed when other places are not generating enough for whatever reason.

      • excral@feddit.orgEnglish
        1·
        5 hours ago

        I can kind of see why some NIMBYs don’t want wind turbines near their homes (don’t get me wrong, it’s still bullshit), but why would anyone complain about solar?

        • gian English
          1·
          3 hours ago

          I can kind of see why some NIMBYs don’t want wind turbines near their homes (don’t get me wrong, it’s still bullshit)

          Well, I would understand if the wind turbines is built in their garden, I honestly would not want it. But it do not make any sense when they don’t want wind turbines 20/30 miles offshore.

          but why would anyone complain about solar?

          I honestly don’t know, I only see this happen.
          For example near my city a planned solar farm project is on the verge of being halted due to an appeal by a residents’ committee over some legal technicality stemming from the fact that there is a commercial premises nearby and that this would transform an agricultural area (which is not actually in use) into an energy-generation site.

          And yet these are the very same committees that complain when the power cuts out in summer because too many air-conditioners are running…

          I think that in the end these committees just want to stop things just because… now they target solar and wind farms and new subway and trains lines, before they targeted cellular towers (only to then to protest because they were not able to use their phone) and in the future they will target something else.

        • Art____Dent@feddit.orgEnglish
          2·
          5 hours ago

          Ask my neighbour – she thinks my planned balcony power station is an eyesore… And it spreads dirt, which then ends up on her balcony…

          • HaraldvonBlauzahn@feddit.orgOPEnglish
            1·
            13 minutes ago

            And it spreads dirt, which then ends up on her balcony…

            Ah, the dirty photons it reflects. This technical issue is easy to solve: Call a priest and let it sprinkle the panels with holy water.

      • Ibuthyr@feddit.orgEnglish
        1·
        5 hours ago

        Make those farms community owned. Problem solved. It’s what we do a lot in northern Germany.

        • gian English
          1·
          3 hours ago

          It is a way, but here people is happier to just stop new infrastructures (solar/wind farm, new rail lines, new public transportation routes and so on) and then to protest because the problems these new infrastructures should solve (or alleviate) are not solved, if not make worse.

  • GenosseFlosse@feddit.orgEnglish
    3·
    16 hours ago

    Didn’t the last European nuclear plant take 14 years or more to build, not to mention the cost? On the plus side: maybe in 14 years memory is finally affordable again.