Nuclear Energy - The Answer to Hungry Artificial Intelligence Energy Consumption
KULR Technology Group (NYSE: KULR) has signed a multi-million-dollar licensing agreement for advanced carbon fiber cathode applications in nuclear reactor systems in Japan. The technology will be applied to laser-based nuclear fusion systems and small modular reactors (SMRs), offering enhanced safety and heat dissipation capabilities.
The agreement comes amid growing energy demands from data centers, particularly driven by AI applications. According to Goldman Sachs, data center energy demand is projected to double by 2030, currently representing 1-2% of global demand. The U.S. Department of Energy projects global electricity use to rise by up to 75% by 2050.
The combined electricity consumption of Amazon, Microsoft, Google, and Meta more than doubled between 2017 and 2021 to about 72 terawatt-hours (TWh). Nuclear power is emerging as a preferred solution to meet these growing energy demands, particularly for AI and high-performance computing applications.
KULR Technology Group (NYSE: KULR) ha firmato un accordo di licenza da milioni di dollari per applicazioni avanzate di catodi in fibra di carbonio nei sistemi di reattori nucleari in Giappone. La tecnologia sarà applicata ai sistemi di fusione nucleare basati su laser e ai piccoli reattori modulari (SMR), offrendo capacità migliorate di sicurezza e dissipazione del calore.
L'accordo arriva in un contesto di crescente domanda di energia da parte dei data center, in particolare guidata dalle applicazioni di intelligenza artificiale. Secondo Goldman Sachs, la domanda di energia dei data center è destinata a raddoppiare entro il 2030, attualmente rappresentando l'1-2% della domanda globale. Il Dipartimento dell'Energia degli Stati Uniti prevede che l'uso globale di elettricità aumenterà fino a 75% entro il 2050.
Il consumo combinato di elettricità di Amazon, Microsoft, Google e Meta è più che raddoppiato tra il 2017 e il 2021, raggiungendo circa 72 terawattora (TWh). L'energia nucleare sta emergendo come una soluzione preferita per soddisfare queste crescenti esigenze energetiche, in particolare per le applicazioni di intelligenza artificiale e di calcolo ad alte prestazioni.
KULR Technology Group (NYSE: KULR) ha firmado un acuerdo de licencia multimillonario para aplicaciones avanzadas de cátodos de fibra de carbono en sistemas de reactores nucleares en Japón. La tecnología se aplicará a sistemas de fusión nuclear basados en láser y a pequeños reactores modulares (SMR), ofreciendo capacidades mejoradas de seguridad y disipación de calor.
El acuerdo llega en un contexto de creciente demanda de energía por parte de los data centers, especialmente impulsada por aplicaciones de inteligencia artificial. Según Goldman Sachs, se prevé que la demanda de energía de los data centers se duplique para 2030, representando actualmente entre el 1 y el 2% de la demanda global. El Departamento de Energía de los EE. UU. proyecta que el uso global de electricidad aumentará hasta un 75% para 2050.
El consumo eléctrico combinado de Amazon, Microsoft, Google y Meta se ha más que duplicado entre 2017 y 2021, alcanzando aproximadamente 72 teravatios hora (TWh). La energía nuclear está surgiendo como una solución preferida para satisfacer estas crecientes demandas energéticas, en particular para aplicaciones de inteligencia artificial y computación de alto rendimiento.
KULR 테크놀로지 그룹 (NYSE: KULR)는 일본의 원자력 시스템에서 고급 탄소 섬유 음극 응용을 위한 수백만 달러 규모의 라이선스 계약을 체결했습니다. 이 기술은 레aser 기반의 핵융합 시스템과 소형 모듈형 원자로(SMR)에 적용되어 향상된 안전성과 열 방출 능력을 제공합니다.
이 계약은 주로 인공지능 응용 프로그램에 의해 촉발된 데이터 센터의 증가하는 에너지 수요 가운데 체결되었습니다. 골드만삭스에 따르면, 데이터 센터의 에너지 수요는 2030년까지 두 배가 될 것으로 예상되며, 현재 전 세계 수요의 1-2%를 차지하고 있습니다. 미국 에너지부는 세계 전기 사용량이 2050년까지 75%까지 증가할 것이라고 전망하고 있습니다.
아마존, 마이크로소프트, 구글, 메타의 전력 소비량은 2017년과 2021년 사이에 두 배 이상 증가해 약 72 테라와트시(TWh)에 달했습니다. 원자력은 특히 인공지능 및 고성능 컴퓨팅 응용 프로그램을 위한 증가하는 에너지 수요를 충족하는 선호 해결책으로 떠오르고 있습니다.
KULR Technology Group (NYSE: KULR) a signé un accord de licence de plusieurs millions de dollars pour des applications avancées de cathodes en fibres de carbone dans des systèmes de réacteurs nucléaires au Japon. La technologie sera appliquée à des systèmes de fusion nucléaire basés sur le laser et à de petits réacteurs modulaires (SMR), offrant des capacités améliorées en matière de sécurité et de dissipation thermique.
L'accord intervient dans un contexte de demande croissante en énergie des centres de données, notamment stimulée par des applications d'intelligence artificielle. Selon Goldman Sachs, la demande d'énergie des centres de données devrait doubler d'ici 2030, représentant actuellement 1 à 2 % de la demande mondiale. Le Département de l'Énergie des États-Unis prévoit que l'utilisation mondiale de l'électricité augmentera jusqu'à 75 % d'ici 2050.
La consommation d'électricité combinée d'Amazon, Microsoft, Google et Meta a plus que doublé entre 2017 et 2021 pour atteindre environ 72 térawattheures (TWh). L'énergie nucléaire émerge comme une solution privilégiée pour répondre à ces besoins énergétiques croissants, en particulier pour les applications d'intelligence artificielle et de calcul haute performance.
KULR Technology Group (NYSE: KULR) hat einen mehrjährigen Lizenzvertrag für fortschrittliche Kohlenstofffaser-Kathodenanwendungen in Kernreaktorsystemen in Japan unterzeichnet. Die Technologie wird in laserbasierten Kernfusionssystemen und kleinen modularen Reaktoren (SMRs) eingesetzt und bietet verbesserte Sicherheits- und Wärmeabfuhrfähigkeiten.
Der Vertrag kommt inmitten wachsender Energienachfragen von Rechenzentren, die insbesondere durch KI-Anwendungen vorangetrieben werden. Laut Goldman Sachs wird die Energienachfrage von Rechenzentren voraussichtlich bis 2030 doppelt so hoch sein und macht derzeit 1-2% der globalen Nachfrage aus. Das US-Energieministerium prognostiziert, dass der globale Stromverbrauch bis 2050 um bis zu 75% steigen wird.
Der kombinierte Stromverbrauch von Amazon, Microsoft, Google und Meta hat sich zwischen 2017 und 2021 mehr als verdoppelt und beträgt etwa 72 Terawattstunden (TWh). Kernenergie wird zunehmend als bevorzugte Lösung zur Deckung dieser wachsenden Energiebedürfnisse angesehen, insbesondere für KI- und Hochleistungsanwendungen.
- Secured multi-million-dollar licensing agreement for nuclear reactor technology in Japan
- Technology targets growing data center energy market projected to double by 2030
- Expansion into nuclear energy sector with high-performance thermal solutions
- None.
Insights
The licensing agreement between KULR and its Japanese partner represents a strategic move into the nuclear energy sector, specifically targeting the intersection of AI data centers and nuclear power solutions. The deal's timing is particularly noteworthy given that data center energy demand is projected to double by 2030, with major tech companies like Amazon, Microsoft, Google and Meta seeing their combined electricity consumption more than double to 72 TWh between 2017 and 2021.
The market opportunity is substantial - with data centers currently consuming 1-2% of global energy demand and projected electricity use increases of 75% by 2050. KULR's carbon fiber cathode technology for nuclear reactors positions them to capture value in both the small modular reactor (SMR) market and laser-based fusion systems, two rapidly growing segments in nuclear energy.
KULR's carbon fiber cathode technology represents a critical innovation for nuclear reactor systems, particularly in thermal management. The technology's application in both SMRs and laser-based fusion systems showcases its versatility and potential impact on next-generation nuclear power solutions. The focus on enhanced safety, superior heat dissipation and structural integrity addresses key challenges in nuclear reactor operations.
The partnership's focus on Japan is strategically important, as the country has been actively pursuing advanced nuclear technologies to meet its energy needs while maintaining stringent safety standards. The multi-million-dollar licensing deal validates the commercial viability of KULR's technology in a sophisticated market with high technical requirements.
For KULR, with a market cap of
The deal structure as a licensing agreement is particularly attractive from a financial perspective, as it typically offers higher margins compared to direct product sales and can provide recurring revenue streams. The expansion into nuclear applications diversifies KULR's revenue sources beyond their traditional battery technology business, potentially reducing market risk while capturing growth in the energy sector.
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - January 15, 2025) - Investorideas.com, a go-to investing platform covering renewable energy and AI stocks releases a snapshot on recent news and developments looking at the demand for nuclear power as AI grows exponentially, featuring KULR Technology Group, Inc (NYSE American: KULR), a leader in advanced energy management platforms.
Read the full article at Investorideas.com
https://www.investorideas.com/News/2025/renewable-energy/01150Nuclear-Energy.asp
JLL reports, "The data center industry stands at the precipice of a transformative era, driven by the relentless advancement of artificial intelligence. This technological revolution is not merely evolving the digital infrastructure landscape; it's fundamentally redefining it."
"Nuclear power is emerging as a preferred solution to meet the growing energy demands of data centers, particularly for AI and high-performance computing applications. Tech companies are the largest occupiers of data center space, and they have among the most aggressive net zero targets."
According to the International Atomic Agency, "The combined electricity consumption of four companies alone – Amazon, Microsoft, Google and Meta --– more than doubled between 2017 and 2021 to about 72 terawatt-hours (TWh)."
Looking at what's next in the use of nuclear energy to solve the energy consumption crisis, companies like NuScale Power, Nano Nuclear Energy Inc., Oklo and KULR Technology Group, Inc. (NYSE American: KULR), are looking to address future demand.
KULR Technology Group, Inc (NYSE American: KULR) just announced the signing of a multi-million-dollar licensing agreement with a new technology partner ("Licensee") to enable advanced carbon fiber cathode applications for nuclear reactor systems in Japan.
Applications for Carbon Fiber Cathode Technology
The licensed carbon fiber cathode solutions are specifically engineered for critical use in nuclear reactors, offering enhanced safety, superior heat dissipation, and structural integrity. The carbon fiber-based thermal interface materials provide high-performance solutions for demanding nuclear energy applications.
The license will be applied to laser-based nuclear fusion systems as well as small modular reactors (SMR's) - a rapidly emerging technology with the potential to deliver cost-effective and reliable fusion energy. Laser-based fusion employs high-powered lasers to initiate fusion reactions, representing a groundbreaking alternative to traditional methods.
Strategic Market Opportunities
This licensing agreement underscores KULR's leadership in carbon fiber-based energy solutions and opens new opportunities for advancements in nuclear technology within Japan and the broader Asian market. By leveraging its innovative carbon fiber cathode technology, KULR aims to contribute to the development of fusion technology to meet the world's increasing energy demands while addressing climate change.
According to Goldman Sachs, data center energy demand - currently representing 1
"This licensing agreement represents a significant milestone for KULR as we expand the applications of our carbon fiber technologies into the nuclear energy sector," said Michael Mo, CEO of KULR Technology Group. "We are proud to partner with an innovative Licensee to bring our cutting-edge cathode and thermal interface materials to the forefront of nuclear reactor technology."
NuScale Power, the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, when reporting its results for the third quarter ended September 30, 2024 said, "As energy demand grows, the world's largest technology companies are urgently seeking sources of secure, clean, reliable nuclear power, and NuScale is uniquely positioned to serve their needs for uninterrupted energy," said John Hopkins, President and Chief Executive Officer of NuScale Power. "NuScale's SMR technology is ready for near-term deployment to support the growth of AI and other power-intensive technologies. We are the sole SMR technology approved by the U.S. Nuclear Regulatory Commission, have modules currently in production with supply chain partner Doosan Enerbility, and are seeing interest like never before."
Nano Nuclear Energy Inc., a leading advanced nuclear energy and technology company focused on developing clean energy solutions, just announced that it has closed its previously announced acquisition of select nuclear energy technology assets, including the patented Micro Modular Reactor (MMR®) Energy System and Pylon Transportable Reactor Platform, from Ultra Safe Nuclear Corporation and certain of its subsidiaries (collectively, "USNC").
From the news: The acquisition of these assets and related intellectual property and contracts significantly expands NANO Nuclear's patent portfolio and adds to its existing pipeline of cutting edge small nuclear reactor technologies in development. The assets include 38 issued and pending or published patents, including six issued and four pending or published U.S. utility patents and three issued and four pending Canadian utility patents, as well as associated trademarks.
Continued: The acquisition also brings important demonstration project collaborations related to the MMR® system, notably at the University of Illinois at Urbana-Champaign. Pending Canadian governmental approvals, the acquisition would also bring certain Canadian government relationships and support. Further, certain of the technology acquired by NANO Nuclear in this acquisition was being used by an affiliate of USNC to develop related technology in the United Kingdom, and NANO Nuclear may be able to explore a potential future license or acquisition of such related technology in the United Kingdom, which could be accompanied by U.K. government support.
Oklo, an advanced nuclear technology company, and Switch, a premier provider of AI, cloud and enterprise data centers announced in mid-December the signing of a non-binding Master Power Agreement ("Master Agreement") to deploy 12 gigawatts of Oklo Aurora powerhouse projects through 2044. This is one of the largest corporate clean power agreements ever signed. The Master Agreement establishes a framework for collaboration, with the expectation that individual binding agreements will be finalized as project milestones are reached.
From the news: Under the Master Agreement, Oklo will develop, construct, and operate powerhouses to provide power to Switch across the United States through a series of power purchase agreements. This enduring relationship over several decades will help accelerate Oklo's early powerhouse deployments and also position the Company to scale in response to a growing demand pipeline. This Master Agreement enables Oklo to leverage Switch's best-in-class execution while developing the financial and infrastructure model for scaling advanced nuclear.
Continued: The timescale of this Master Agreement underscores Switch and Oklo's commitment to meeting artificial intelligence's growing electricity demands with clean, sustainable power. The Company believes that Switch's industry-leading data centers, which support the computing needs of some of the world's largest companies, are ideally positioned to handle AI workloads well into the future.
Continued: "The relationship with Oklo underscores our commitment to deploying advanced nuclear power at a transformative scale for our data centers, further enhancing our offerings of one of the world's most advanced data center infrastructures to current and future Switch clients," said Rob Roy, Founder and CEO of Switch. "By utilizing Oklo's powerhouses, we aim to ensure that Switch remains the leader in data center sustainability while supporting our vision of energy abundance."
Continued: Since January 2016, all Switch data centers have been powered by
Continued: "We are excited to collaborate with Switch on this historic agreement," said Jacob DeWitte, Co-Founder and CEO of Oklo. "Rob Roy and the Switch team share the vision we have for nuclear energy's role in powering artificial intelligence and providing the world with energy abundance. Oklo expects to benefit enormously from Switch's record of turning visions into reality. The lifespan of this Master Agreement will allow us to iterate and evolve with Switch, from development to deployment to scaling. We believe that working with Switch will not only accelerate our early powerhouses but also accelerate our ability to scale by demonstrating customer demand for decades to come."
The market may become even bigger than the current analyst predictions as JLL reports, "Artificial intelligence (AI) will continue to build momentum in 2025. The data center industry stands at the dawn of a transformative era, driven by the relentless advancement of AI. Billions of dollars have been invested in AI over the last couple of years, driving demand for more data center infrastructure."
KULR Technology Group, Inc (NYSE American: KULR) with its long history of battery technology expertise is positioning to move forward with the next phase of energy management as nuclear energy leads the way.
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