七月下旬，美国发布了二十三页AI行动计划，这份被德意志银行称为"全押式战略"的文件，将人工智能定义为同时驱动"工业、信息变革和文艺复兴"的核心 力量。该计划明确将其定位为重塑全球力量平衡的关键战略方向，一场零和博弈的科技角力正在上演。 面对能源困局，美国的应对策略呈现三重路径：全力延缓关键发电厂退役时间，为电网升级争取缓冲期；加速现有输电网络现代化改造，深挖传统系统潜 能；同时押注增强型地热能、核裂变及核聚变等前沿技术。其中小型模块化核反应堆被寄予厚望，成为平衡能源需求与零碳目标的重要支点。 这种"全押 AI"的战略定位正重塑美国经济基因。德意志银行分析师警示，美国正转型为AI领域的高贝塔投资标的——其整体经济表现与人工智能产业进展的关联度将 空前紧密。这种深度绑定既可能创造新增长极，也使经济系统更易受技术迭代周期冲击。当贸易保护主义浪潮席卷全球，AI产业能否支撑"美国例外"延续， 已然成为变革的命题。 能源转型的阵痛已在资本市场显现。报告指出，传统能源巨头与新兴核能技术企业的市值联动性显著增强，电网设备制造商估值持续攀升。这种资本流动暗 示市场正在定价一个关键预期：未来五年美国电力基础设施改造投入或将突破千 ...

Core Viewpoint - The World Bank's decision to lift the ban on nuclear power financing marks a significant shift in the global energy financing landscape, aiming to support the development of nuclear energy as a viable option for more countries [1][4]. Group 1: World Bank's New Approach - The World Bank plans to support efforts to extend the lifespan of existing reactors and assist in upgrading power grids and related infrastructure [1]. - The organization aims to accelerate the development of small modular reactors (SMRs) and collaborate closely with the International Atomic Energy Agency (IAEA) to ensure nuclear safety standards and non-proliferation regulations [1][4]. Group 2: Global Energy Demand and Climate Change - The global energy landscape has changed dramatically, with energy demand expected to grow explosively due to rapid industrialization and urbanization, alongside advancements in technologies like artificial intelligence [2]. - The International Energy Agency projects that global electricity consumption will grow at an average annual rate of 4% from 2025 to 2027, highlighting the urgent need for alternative energy sources [2]. Group 3: Technological Advancements in Nuclear Power - Significant breakthroughs in nuclear technology, particularly the emergence of SMRs, offer advantages such as smaller size, greater flexibility, and lower likelihood of accidents compared to traditional large reactors [3]. - Major countries and tech giants like Google, Amazon, and Oracle are investing in SMR development, positioning it as a key direction for future nuclear power advancements [3]. Group 4: Impacts on Nuclear Industry - The lifting of the financing ban is expected to alleviate funding challenges for nuclear projects, attracting more private capital and financial institutions to invest in new nuclear projects and upgrades [4]. - Increased funding will stimulate innovation in nuclear technology, particularly in SMR development, enhancing the competitiveness of nuclear power in the global energy market [4]. - The World Bank's collaboration with the IAEA will promote unified and stringent regulations in nuclear safety and technology oversight, facilitating more frequent international cooperation in nuclear technology [4]. Group 5: Future Outlook - The nuclear industry is anticipated to enter a new golden development period, playing a more significant role in the global energy structure, complementing renewable energy sources to create a clean, efficient, and safe global energy system [5].

Core Viewpoint - The World Bank has lifted its ban on nuclear power financing, indicating a significant shift in its energy policy and a move towards supporting nuclear energy projects, particularly in extending the lifespan of existing plants and developing Small Modular Reactors (SMRs) [1] Group 1: Policy Changes - The World Bank's decision to re-enter the nuclear energy sector comes after a ban that was in place since 2013, aimed at avoiding safety risks and investment hazards associated with nuclear energy, especially in developing countries [1] - The Asian Development Bank is also considering whether to lift similar bans, suggesting a potential global trend towards increased nuclear financing [1] Group 2: Demand for Electricity - The demand for electricity is becoming critical for the success of the digital economy, with predictions that global data center electricity needs will more than double by 2030, driven primarily by artificial intelligence [2] - In the U.S., data centers are expected to consume 9% of the total electricity generation by 2030, highlighting the urgent need for reliable power sources like nuclear energy [2] Group 3: Global Attitude Shift - Major countries including the U.S., France, Germany, the U.K., and Japan are now supporting increased nuclear financing to promote nuclear energy development, accelerating a global nuclear revival trend [2] - The U.S. plans to initiate the construction of 10 large nuclear power plants by 2030, increasing its nuclear capacity from 100 GW in 2024 to 400 GW by 2050 [3] Group 4: Technological Advancements - The development of SMR technology is becoming a focal point, offering cost, efficiency, and safety advantages, and is expected to provide flexible power supply for various regions and needs [3][4] - Countries like China, Russia, and the U.S. are leading in the research and application of SMRs, with tech giants like Google and Amazon also investing in this technology to meet the power demands of data centers [4] Group 5: Climate Goals and Energy Needs - Nuclear power is seen as a clean and stable alternative to traditional fossil fuels, with significantly lower carbon emissions compared to coal and solar energy [4] - The commitment of 31 countries to triple their nuclear capacity by 2050 reflects a strategic choice to meet electricity demands while achieving emission reduction targets [4]

③ 在核能领域，NuScale 是美国唯一获得核管会认证的公司，具有先发优势；Oklo 拥有先进技 术和充足现金，已获得多个潜在客户；NANO 则专注于微型核反应堆开发。此外，传统核能企 业 BWXT 凭借军用核反应堆优势，也在积极布局商用市场。 RockFlow 本文共5346字， 阅读需约20分钟 AI 正在引发科技巨头的军备竞赛，重点之一就是大型数据中心的规划和建设。这些数据中心需要消耗海量电力资源（据估计，一个大型数据中心的 能耗可能相当于一个中等城市）。目前，它们正在通过零散的可再生能源和老旧的燃煤发电厂度过难关。 未来几年，数据中心的大规模基建还将持续，电力需求仍将以惊人速度继续增长。那么，是否存在一个终极解决方案？ 当然有，答案是核能。 划重点 ① AI 的快速发展正推动数据中心能源需求呈现爆发式增长。目前，它们主要依靠可再生能源和 传统燃煤发电，但长期来看，核能或将成为终极解决方案。这倒逼谷歌、亚马逊、微软等巨头 布局核能领域。 ② 小型模块化核反应堆（SMR）作为核能领域最具前景的新兴技术，灵活性高、前期成本低、 工厂模块化生产、安全性好。然而其发展也面临诸多挑战，包括单位发电成本较高、建设 ...