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China Is Taking Its AI Boom Under the Sea

China launched the world's first wind-powered underwater data centre off Shanghai's coast in May with $238 million investment. The 24 MW facility represents an innovative approach to meeting massive computing power demands for artificial intelligence and complex operations, establishing an alternative model to land-based data centres.

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The data centre industry has taken off in the last few years, as tech companies look to develop the massive computing power needed to run complex operations, such as artificial intelligence. Thousands of data centres are being developed on land, but now, some countries are looking to establish innovative models in alternative locations, such as underwater. In May, China launched the world’s first wind-powered underwater data centre off the coast of Shanghai, with an investment of around $238 million. The 24 MW-capacity Shanghai Lingang undersea…

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https://oilprice.com/Energy/Energy-General/China-Is-Taking-Its-AI-Boom-Under-the-Sea.html

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INTEnergy Newsoilprice:oilprice-article-45490أخبارIn force

Oil Industry Braces for Years-Long Iran War

Oil producers, traders, and refiners are bracing for a prolonged war between the United States and Iran in the Persian Gulf with little to no hope of a quick resolution. By extension, they are also preparing for higher prices for longer, a theme present at this year’s edition of the Asia Pacific Petroleum Conference. Reuters’ Clyde Russell reported this week that the mood at APPEC was not particularly cheerful as hostilities in the Middle East escalate once again, suggesting achieving peace would be quite a challenge. The Reuters columnist…

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INTEnergy Newsoilprice:oilprice-article-45486أخبارIn force

Stolen Electricity is Powering Illegal Crypto Farms Across the Globe

Electricity theft is a global problem, and it’s getting more dire all the time. While the problem is most common in developing countries, where grid infrastructure is limited and utilities and state authorities have lower oversight capacities, developed countries are not immune either. This theft can occur in many forms and at many scales, from individuals tapping into power lines to power their individual residences to large-scale and sophisticated theft schemes to power entire cryptocurrency mining farms. Just this week, Mexican authorities…

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INTEnergy Newsoilprice:oilprice-article-45475أخبارIn force

The Race to Solve Nuclear Energy’s Biggest Problem

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INTEnergy Newsoilprice:oilprice-article-45473أخبارIn force

Iran’s Security Crackdown Runs Into Resistance From Within

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Why More Homes Are Switching From Gas to Heat Pumps

Heat pumps are becoming an increasingly popular alternative to gas-powered central heating systems and are increasingly being used in new construction, often driven by government incentives. A heat pump uses technology similar to that found in a refrigerator or an air conditioner, extracting heat from a source, such as the surrounding air, and amplifying and transferring the heat to where it is needed. As most of the heat is transferred rather than generated, heat pumps are far more efficient than conventional heating technologies such as boilers…

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