Dear Reader,
This past Wednesday, Amazon became the latest of the Big Five tech brands to announce its entry into the nuclear energy business.
The world’s biggest online retailer signed three deals, including one with public utility conglomerate Energy Northwest, another with developer X-Energy for the construction of small modular reactors (SMRs), as well as an agreement with Dominion Energy for SMR development in Virginia. amazon frown logo The driving force behind all this is the same as it is for the rest of the world’s biggest technology corporations: The evolution of AI, which could account for as much as 10% of the U.S. energy market by the end of the decade.
I said it before in the previous weeks, but it warrants repetition: If this foray into the world of nuclear energy appears desperate, I assure you it’s not out of greed.Artificial intelligence has already been identified as the next paradigm-shifting […]
Click here to view original web page at www.energyandcapital.com
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