00:04So you're right to pinpoint the digital revolution as something that is profoundly affecting the energy sector.
00:10Something that we've been working on a great deal, but it's not the only thing.
00:14So this is driving electricity demand up, along with the electrification of transport,
00:20greater cooling demand in the face of rising temperatures,
00:24and a hunt or a quest to reduce dependency on fossil fuels in many countries.
00:31And so people are looking for how they're going to power their electricity systems of the future
00:37and how that's going to match future electricity demand.
00:41And data centers for artificial intelligence,
00:45we project that demand for electricity from data centers globally is going to double in the next four years to
00:522030.
00:53and become 3% of global electricity demand.
00:57And those data centers, they like to operate around the clock.
01:00So we're looking at how solutions are going to be on the grid,
01:04so the grid will operate together to make sure that that as a source of demand can be met.
01:11Nuclear is not going to be the only thing that is going to power data centers,
01:16but it's certainly driving much greater interest in nuclear around the world,
01:20including small modular reactors.
01:22And we think that the world is entering a new phase of nuclear renaissance.
01:26The moment is historical in terms of the pace of artificial intelligence expansion
01:34in many, many different applications, not just in the energy sector.
01:38It's also momentous because of the global energy crisis that we're living through at the moment.
01:42So it's been great to come here and be able to discuss how these different elements fit together
01:48and have a discussion, a good, honest discussion about the role of nuclear power in this context.
01:54So what sort of abuse has been happening with the world?
01:54You can see over the next slide.
01:54Grazie.
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