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Financing Nuclear Projects: How Nuclear Can Support Growing AI Low Carbon Electricity Demand
Economics and Financing of Nuclear Power Webinar Series
Description
The global share of electricity in the energy mix is projected to increase by up to 60% from the current 20%, driven by the electrification of various sectors to reduce CO2 emissions and growing demand from the manufacturing and technology sectors. The rapid rise of AI applications has further fueled the demand for data centres, increasing energy consumption despite improvements in efficiency. By 2030, the share of global data centre electricity consumption could triple, and to accommodate this surge in electricity demand, a low-carbon energy mix is essential for aligning with climate change mitigation goals and achieving net-zero emissions by 2050. Several initiatives are already underway, including contracts with existing nuclear facilities, the revival of nuclear power plants, and the development of new nuclear plants to supply low-carbon electricity 24/7.
This webinar will discuss how nuclear power projects can be part of a global low carbon strategy for data centre owners demanding clean and firm power for their operations.
The webinar is organised by the IAEA’s Planning and Economic Studies Section (PESS) and is part of the Economics and Financing of Nuclear Power Webinar Series.
Panellists
Benjamin Reinke, Vice President, Global Business Development, X-Energy
Patrick Leonard, Principal, Energy Strategy, Amazon Web Services
Francois Sterin, Chief Operating Officer, DATA4 Group
Eren Cam, Electricity Analyst, International Energy Agency
Vincent Zabielski, Partner, Pillsbury Winthrop Shaw Pittman LLP
Candice Yu, Director of Business Development, Kairos Power
Moderator
Didier Ohayon, IAEA