Data centers will likely provide boost to nuclear energy, says Cameco CEO

Canada News News

Data centers will likely provide boost to nuclear energy, says Cameco CEO
Canada Latest News,Canada Headlines
  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Explore stories from Atlantic Canada.

Cineplex shuts its doors in Bridgewater | SaltWire #novascotia #cineplex #bridgewater #closure - Uranium miner Cameco Corp's chief executive said on Tuesday projected demand from data centers powering technology like generative AI will likely be a boost for nuclear energy.

Over the past year, big technology companies have been racing to build data centers needed to power applications such as OpenAI's viral chatbot, ChatGPT, as they try to capitalize on what is expected to be the industry's next key growth driver."Gone are the days of rolling out new technology without worrying about future potential runway environmental impacts. Companies driving the technology forward are doing so while keeping carbon footprint and 24/7 reliability top of mind ...

Many industrial power users and tech sector experts are signing agreements to ensure their facilities can access zero-carbon and reliable nuclear energy now and into the future, he said. Overall, power use from the thousands of giant computing warehouses that comprise data centers is expected to triple globally from less than 15 terawatt-hours in 2023 to 46 TWh this year, according to Morgan Stanley Research.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uranium miner Cameco reports $7M Q1 loss, revenue down from year agoUranium miner Cameco reports $7M Q1 loss, revenue down from year agoCameco Corp. reported a loss in its latest quarter as it was hit by charges related to its acquisition of a stake in Westinghouse Electric Co., one of the world's largest nuclear services businesses.
Read more »

Uranium miner Cameco reports $7M Q1 loss, revenue down from year agoUranium miner Cameco reports $7M Q1 loss, revenue down from year agoSASKATOON — Cameco Corp. reported a loss in its latest quarter as it was hit by charges related to its acquisition of a stake in Westinghouse Electric Co...
Read more »

Uranium miner Cameco reports $7M Q1 loss, revenue down from year agoUranium miner Cameco reports $7M Q1 loss, revenue down from year agoSASKATOON — Cameco Corp. reported a loss in its latest quarter as it was hit by charges related to its acquisition of a stake in Westinghouse Electric Co., one of the world's largest nuclear services businesses.
Read more »

Cameco results: Stock falls as uranium miner swings to Q1 loss; analyst says buy the dipCameco results: Stock falls as uranium miner swings to Q1 loss; analyst says buy the dipRBC Capital Markets says it would be a buyer of the company's shares on stock price weakness.
Read more »

Explore The 100 Coolest Products From Amazon’s Most Wished-for SectionExplore The 100 Coolest Products From Amazon’s Most Wished-for SectionDiscover the ultimate wishlist must-haves with our guide to the most desired items on Amazon!
Read more »

Explore 'the most comfortable trail in Metro Vancouver' now finished in BurnabyExplore 'the most comfortable trail in Metro Vancouver' now finished in BurnabyBurnaby has finished work on a 3.5-kilometre rubberized track in Central Park.
Read more »



Render Time: 2025-02-13 22:17:38