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Source of clean power or controversy?

Financial Express Kochi

|

April 17, 2025

A global race for nuclear augmentation is on. Over 40 countries are expanding capacity, which will treble nuclear energy availability by 2050

- ANIL NAIR

GALLOPING ENERGY DEMANDS of modern-day information technology (IT) operations — including cloud services, big data processing, artificial intelligence (AI) usage, and 24x7 high-performance computing at hyperscale data centres — are forcing the industry to go nuclear. Little wonder that large technology companies, which were more focused on wind and solar sources, are looking very seriously at nuclear plants to provide emission-free power.

Microsoft has signed up with Constellation Energy to revive the infamous Three Mile Island nuclear plant in Pennsylvania by 2028, promising to consume all the power it can generate over 20 years. Bill Gates has invested $1 billion in TerraPower, which will develop small reactors, partnering with Warren Buffett's PacifiCorp. Google is working with Kairos Power, a producer of small modular reactors (SMR), and will buy all their nuclear power when they commence production in 2030. Amazon, similarly, is investing in X-Energy, an SMR company.

Nuclear energy, found in the nucleus of an atom, is extracted to produce electricity through two atomic reactions — nuclear fission, in which uranium is used as a fuel to split atoms to release energy, or nuclear fusion, where lighter nuclei like hydrogen are combined to produce considerable energy. Arguably, fusion is safer as it does not involve chain reactions or cause explosions, but has proved somewhat utopian thus far.

Financial Express Kochi'den DAHA FAZLA HİKAYE

Financial Express Kochi

Bets of RBI buying, lower state debt sale lift bonds

BENCHMARK GOVERNMENT BONDS gained for a third straight session on Thursday as traders grew more confident of the buying support from the Reserve Bank of India (RBI) and ahead of another reduction in state debt auctions next week.

time to read

1 min

January 23, 2026

Financial Express Kochi

PhonePe IPO: Walmart to sell ₹9,173-cr stake

Walmart’s weighted average cost of acquisition is ₹1,996.8 a piece, making these shares worth around ₹9,173 crore.

time to read

1 mins

January 23, 2026

Financial Express Kochi

Battery PLI loses charge

ONLY 2.8% OF TARGETED CAPACITY COMMISSIONED SO FAR

time to read

2 mins

January 23, 2026

Financial Express Kochi

IAF’s new ‘Sindoor’ formation on R-Day

FIGHTER JETS OF the Indian Air Force will fly in a special Sindoor formation at the Republic Day flypast this year,ina significant display of India’s air power.

time to read

1 min

January 23, 2026

Financial Express Kochi

Bangladesh defiant: Will play, not in India

AFTERICC ULTIMATUM ON WORLD CUP PARTICIPATION

time to read

2 mins

January 23, 2026

Financial Express Kochi

SAT directs Avadhut Sathe Academy to deposit ₹100 cr

THE SECURITIES APPELLATE Tribunal (SAT) on Thursday accorded a partial relief to Avadhut Sathe and his trading academy against the Securities and Exchange Board of India’s (Sebi) order of impounding %546 crore and imposing trading restrictions.

time to read

2 mins

January 23, 2026

Financial Express Kochi

P&G misses Q2 revenue estimates

PROCTER & GAMBLE'S Q2 revenue fell slightly short of Wall Street expectations on Thursday, as weak spending by US consumers and the hit from a government shutdown offset stronger growth globally.

time to read

1 min

January 23, 2026

Financial Express Kochi

Brokerages flag margin risks post Eternal Q3 show

BROKERAGES OFFERED A

time to read

1 mins

January 23, 2026

Financial Express Kochi

AI gets a seat at the C-suite hiring table

Algorithms do leadership searches but the final call stays human

time to read

1 min

January 23, 2026

Financial Express Kochi

IIFL Finance Dec qtr profit rises multifold

IIFL FINANCE, A non-banking financial institution (NBFC) providing gold loans and business loans, on Thursday said its December quarter net profit grew multifold to ₹501 crore as compared to the year-ago period.

time to read

1 min

January 23, 2026

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