Google has partnered with Elementl Power to develop three sites for advanced nuclear reactors, aiming to add at least 600 megawatts of generating capacity at each site. This move is driven by Google’s growing power demands at its data centers, with plans to spend $75 billion on data center capacity this year alone. The partnership marks a significant step towards the adoption of small modular reactors (SMRs) in the tech industry.
Forecast for 6 months: Google and Elementl Power are expected to finalize the design and construction plans for the three nuclear reactor sites, with potential commercial off-take agreements in place. This could lead to a significant increase in the adoption of SMRs in the tech industry, with other companies following suit.
Forecast for 1 year: The first of the three nuclear reactor sites is expected to be operational, providing a significant source of clean energy for Google’s data centers. This could lead to a reduction in Google’s carbon footprint and set a precedent for other companies to adopt similar solutions.
Forecast for 5 years: The adoption of SMRs is expected to become more widespread in the tech industry, with multiple companies investing in similar projects. This could lead to a significant reduction in greenhouse gas emissions from data centers and a shift towards more sustainable energy sources.
Forecast for 10 years: The use of SMRs is expected to become the norm in the tech industry, with data centers powered by clean energy becoming the standard. This could lead to a significant reduction in greenhouse gas emissions and a major shift towards a more sustainable energy future.
