IDTechEx Asks Where SMRs Will Fit in the Energy Ecosystem
According to the International Energy Agency, annual energy consumption from data centers could double between 2024 and 2026 to exceed 1,000TWh.
- According to the International Energy Agency, annual energy consumption from data centers could double between 2024 and 2026 to exceed 1,000TWh.
- It is no surprise that the data center and AI industries are showing increasing interest in SMRs to provide on-site power.
- SMRs offer an excellent complement to renewable energy in the production of green hydrogen that could reduce reliance on costly energy storage systems.
- IDTechEx expects the installation rate of SMRs to grow significantly from the end of the decade, contributing significantly to solving the climate crisis.