Google Partners with Kairos Power to Harness SMRs for AI-Driven Energy Demands
AInvestWednesday, Oct 16, 2024 3:00 pm ET
1min read
GOOGL --

Google has taken a significant step towards addressing the rising electricity demand driven by artificial intelligence (AI) applications by partnering with Kairos Power to develop small modular reactors (SMRs). This agreement marks a pivotal moment for advanced nuclear technologies, offering a promising solution to the escalating energy needs of tech companies.

For over a decade, Google has been at the forefront of renewable energy initiatives, aiming for a carbon-free future by harnessing wind, solar, and geothermal power. With AI accelerating energy consumption, Google plans to obtain around 500 megawatts of carbon-free electricity from Kairos' SMRs, commencing with the first reactor operational by 2030.

The strategic move towards nuclear energy, particularly SMRs, highlights their potential to overcome the challenges faced by traditional nuclear plants. SMRs, with a capacity generally under 300 megawatts, can be manufactured off-site and deployed quickly, making them an attractive option for integrating into existing power grids.

Kairos Power's innovative molten salt-cooled reactor design adds to the appeal of SMRs. These reactors offer intrinsic safety features, operating at low pressure and high temperature, reducing risks and enhancing stability compared to conventional water-cooled reactors.

Google's shift underscores the necessity for consistent, round-the-clock energy to support AI operations, positioning nuclear power as a more reliable source compared to intermittent renewables like wind and solar.

On a broader scale, prominent corporations in diverse sectors are re-evaluating nuclear power as a viable approach to meet energy demands and carbon reduction goals. While SMRs hold promise with streamlined construction and inherent safety advantages, unlocking their potential hinges on overcoming regulatory hurdles and public acceptance challenges.

As tech giants and industries turn to nuclear technology, the evolution of SMRs could herald a new era in sustainable energy, contributing to vital decarbonization efforts while maintaining economic growth.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.