Before the American tinfoil-hat data center nuts comes out in force:
- This is a plant that was going to be decommissioned without investment
- Finland is a rational country due to their small size and unfortunate proximity to Russia. They tend to do rational things like invest in good energy infrastructure. Nobody will be losing power due to this deal
- Finland is one of the cleanest/greenest energy markets on earth, and the country is largely a giant unpopulated forest
- Finland currently has the highest unemployment in Europe, this is a great win for them, and they correctly view this as such since they are not stupid
- While the media may try to make it happen, very few Finnish people will be wearing tinfoil hats while screaming about conspiracies that data centers destroy H20 molecules, since they have one of the best education systems in the world
Its pretty delusional to suggest that working nuclear plant was going to be decommissioned without this considering that electricity consumption is projected to rise rapidly. There currently is shortage of steady power in Finland so no nuclear plants are gonna be closed barring catastrophes.
Absent AI, this plant is absolutely the type of thing that a left/Green Party would vote to shut down under the premise that the cost is too great to retool/maintain it and “nuclear bad.” This is a Cold War era Russian plant that needs retooling.
Yes and Nordea has predicted housing prices will start to climb again every quarter for the last 3 years. Next quarter I guess!
Electricity demand will likely stay well under the lower end of those estimates, but its good that estimating is done optimistically, given it means that level of demand is planned to be supported already.
So it's not like electricity demand is going to grow modestly within a declining energy demand environment (which opens up other opportunities) while nothing new is being built.
The American data-center hysteria is mostly due to the fact that Americans have made it impossible (and have lost a lot of the expertise needed) to build infrastructure, and their faster growing power demand is NOT being met with new supply. This was already happening decades ago, before factoring in AI. US infrastructure is massively underfunded and 60-80 years outdated in most areas due to poor government policy.
Did Germany plan to increase electricity consumption? Gas heating is still king there, and Germany famously promotes hydrogen (mostly from gas) over battery vehicles.
Ah yes let’s ignore shutting down nuclear reactors replacing them with coal power plants in the name of green energy which was so successful the country goes through a period every year called Dunkelflaute.
But yes let’s strawman into cars and heating instead.
Btw excess heat from the reactor can be and is used for central heating.
Not really. Situation now is totally different to what it was when Germany made those decisions. In Finland shutting down nuclear hasn't really been something that has been discussed seriously in very long time.
> while screaming about conspiracies that data centers destroy H20 molecules
This is a gross misrepresentation of the concern. Clean fresh water is locally very important and a finite resource. The vast majority of people know it does not destroy H2O molecules, but moves them to a less useful space.
- This is a plant that was going to be decommissioned without investment
- Finland is a rational country due to their small size and unfortunate proximity to Russia. They tend to do rational things like invest in good energy infrastructure. Nobody will be losing power due to this deal
- Finland is one of the cleanest/greenest energy markets on earth, and the country is largely a giant unpopulated forest
- Finland currently has the highest unemployment in Europe, this is a great win for them, and they correctly view this as such since they are not stupid
- While the media may try to make it happen, very few Finnish people will be wearing tinfoil hats while screaming about conspiracies that data centers destroy H20 molecules, since they have one of the best education systems in the world