World Daily News
Business
Argentina

Javier Milei Proposes Nuclear Energy Expansion to Meet AI Demand in Argentina

Images from the reference sources
Argentine President Javier Milei has announced plans to expand nuclear energy capabilities to meet the energy demands of artificial intelligence, proposing a fourth nuclear power plant and the development of small modular reactors.


Javier Milei's Nuclear Energy Ambitions for Argentina

Argentine President Javier Milei has unveiled an ambitious plan to expand the country's nuclear energy capabilities, aiming to meet the growing energy demands driven by artificial intelligence (AI). In a recent announcement made from the Casa Rosada, Milei expressed his belief that nuclear energy is the only viable option to support the future energy needs of civilization. He proposed the construction of a fourth nuclear power plant, which would add to the existing three plants: Atucha I, Atucha II, and Embalse.

Milei's initiative is backed by the International Atomic Energy Organization (IAEA), with its president, Rafael Grossi, present during the announcement. The plan includes the development of small modular reactors (SMRs), which are touted for their efficiency and scalability. According to Milei, these reactors would be crucial in establishing Argentina as a hub for AI technology, particularly by attracting global tech companies to set up data centers in the cooler regions of Patagonia, thereby reducing cooling costs associated with data processing.

However, the plan faces significant challenges. Critics point out that Milei's administration has implemented severe budget cuts to the scientific sector, leading to a brain drain and a slowdown in ongoing nuclear projects, including the CAREM reactor, which is already in advanced stages of development. Former officials have raised concerns about the contradiction in Milei's announcement, highlighting that while he proposes new reactors, existing projects are being neglected due to funding cuts.

The Historical Context of Nuclear Energy in Argentina

Argentina's journey with nuclear energy began in 1949 with the Huemul Project, which aimed to harness nuclear fusion. Despite its cancellation, this initiative laid the groundwork for the country's nuclear development. Today, nuclear power accounts for approximately 9% of Argentina's energy consumption, with the three operational plants contributing significantly to the national grid.

The country is also home to the Balseiro Institute, a leading training and research center in Latin America, and Invap, a company specializing in nuclear technology. Invap has developed modular reactors that promise faster construction and lower costs compared to traditional plants. Despite these advancements, the future of nuclear energy in Argentina remains uncertain due to economic instability, infrastructure challenges, and societal opposition to nuclear projects, particularly in regions like Río Negro.

Milei's announcement has sparked a debate about the feasibility and funding of new nuclear initiatives, as the government has yet to provide clarity on financial sources or timelines for the proposed projects. As Argentina navigates its energy future, the coming months will be critical in determining whether Milei's vision for nuclear energy can be realized or if it will remain an unfulfilled promise.

Clam Reports
Refs: | Le Figaro | EL PAÍS |

Trends

Business

Controlling Inflation in Post-Conflict Syria: Strategies and Challenges

2024-12-22T08:18:52.053Z

Following the fall of the Assad regime, Syria is implementing strategies to control inflation and stabilize the economy, with initial signs of improvement in currency value and goods prices.

Business

Javier Milei Proposes Nuclear Energy Expansion to Meet AI Demand in Argentina

2024-12-22T05:08:25.477Z

Argentine President Javier Milei has announced plans to expand nuclear energy capabilities to meet the energy demands of artificial intelligence, proposing a fourth nuclear power plant and the development of small modular reactors.

Business

Honda and Nissan Consider Joint Production Amid Merger Talks

2024-12-21T19:48:23.401Z

Honda and Nissan are exploring joint vehicle production as part of potential merger discussions, aiming to strengthen their collaboration in the automotive market.

Latest