"Before 2022, there had been the optimistic hope we had gotten past an era where it's all about enlarging territory and invading sovereign countries and we could live happily in peace having trade," says Sari Multala, Finland's Minister of Climate and the Environment. "But then, we understood that was not the case and that we had to take care of our own sovereignty, also when it comes to energy. We cannot depend on a hostile partner," she told DW.
But if look beneath the surface retail investors on Reddit, X, and other forums are keeping their bullish tone. At least as of today, they're viewing the dip as a buying opportunity. While these groups can get a fever and momentum all their own the fundamental belief that nuclear energy is the comeback kid of 2025 and beyond seems valid.
It's the latest move by Google and other tech companies to revitalize nuclear energy in the US, which has struggled to compete with falling costs for gas, solar, and wind power over the years. As power grids scramble to keep up with growing electricity demand from AI, nuclear energy has become a more attractive option for generating carbon-free energy around-the-clock for data centers.
Qualcomm ( NASDAQ:QCOM) stands out as one of the lesser-appreciated semiconductor names as the AI revolution continues to play out, while other emerging tech trends also start to gain traction among growth and momentum-focused investors. Indeed, the AI race and the road towards AGI (or artificial general intelligence) seems to be on, with many hyperscalers signing deals or taking stakes in the great OpenAI, the firm that kicked off the AI boom when it unleashed ChatGPT to the world.
Those in France at least will now be partly powered via a CAPN, in addition to long-term Power Purchase Agreements (PPAs) Data4 already has in place for solar and wind energy. The contract involves a "cost and risk-sharing mechanism" based on the actual volumes of energy produced - a so-called behind-the-meter arrangement where it can secure energy at a reduced cost over the long term.
Twelve thousand people are supposed to be attending Reform UK's party conference in Birmingham over three days this week (according to Reform at least), and Crossman is one of them. Their leader, Nigel Farage, has said it is ridiculous to refer to carbon dioxide as a pollutant and added: I can't tell you whether CO2 is leading to warming or not.
Global electricity demand is growing by 4 percent annually, with significant contributions from AI-driven data centers. Equinix is securing future power through agreements with multiple nuclear companies.
A deal to build at least two nuclear reactors in Czechia was unblocked Wednesday after an appeals court dismissed a lower court ruling that blocked the government from signing.