Core Insights - First Hydrogen Corp. has announced a strategic collaboration with Professor Muhammad Taha Manzoor from the University of Alberta to advance Small Modular Nuclear Reactor (SMR) technology, focusing on fuel reactor materials and reactor design optimization in response to the increasing energy demands of AI data centres [2][5][6] - The collaboration aims to leverage advanced nuclear technology to produce green hydrogen, aligning with global decarbonization objectives and addressing the growing demand for clean energy solutions [3][7] Group 1: Collaboration and Technology Development - The project will be led by Dr. Manzoor, an expert in molten salt thermal-hydraulics, and will consider the surge in AI data centres, which consume up to 10 times more power than traditional data centres [2][3] - The collaboration is expected to provide students with hands-on experience and contribute to the training of future engineers and scientists in Canada's energy sector [6] Group 2: Market Demand and Investment - The International Energy Agency projects that electricity demand from data centres will more than double to 945 terawatt hours by 2030, surpassing Japan's current total electricity consumption [4] - McKinsey and Company estimates that approximately $5.2 trillion in capital expenditures will be required globally by 2030 to meet the increasing demand for computing power [4] Group 3: Company Mission and Vision - First Hydrogen Corp. is committed to developing advanced clean energy solutions, including green hydrogen produced by state-of-the-art SMRs, to meet global climate goals and enhance energy security [7][8] - The company aims to integrate SMRs, known for their compact design and scalability, to ensure a stable and efficient process for producing green hydrogen [3][7]
First Hydrogen Announces Strategic Collaboration with Renewable Thermal Laboratory at the University of Alberta to Advance Nuclear SMR Technology