The valuation of big IT businesses on worldwide stock markets and CO2 concentrations in the atmosphere have increased in lockstep during the last decade. There isn’t much of a link between these two phenomena: major tech companies’ energy use is tiny in comparison to their economic, financial, and even social imprint. Nonetheless, it is precisely because of their tremendous financial impact, as well as their enormous cultural and scientific influence, that these corporations have such a large potential role to play in addressing the climate crisis.
The majority of big tech businesses have already committed to reaching zero emissions from their own operations. These goals establish a crucial precedent for the rest of the economy, given the corporations’ status as often-emulated “trend setters.” Their efforts in digitisation, artificial intelligence, and information systems, on the other hand, could be game-changers in terms of developing the smarter, more flexible energy systems required to achieve net-zero emissions.
The ascent of the huge IT companies is certainly one of the most defining financial trends of the last ten years. By the end of 2020, the top three IT behemoths would have a stock market capitalization of USD 5.5 trillion, more than the total stock market capitalization of all German and Brazilian companies listed in Frankfurt and So Paulo. The financial value concentration in the top three tech businesses is now twice as great as it was when the Rockefellers and Carnegies owned Standard Oil, AT&T, and US Steel.
When compared to the size of their operations, direct emissions from tech corporations are rather minor
In absolute terms, Big Tech’s energy consumption and emissions are significant, but not in relation to the size of their activities. Data centers, for example, consume only 1% of global electricity, far behind industrial motors or air conditioning as a driver of world electricity consumption.
Obviously, the energy and carbon profile of tech companies varies substantially depending on their business model. Some of the world’s largest tech firms are almost entirely digital and electrified. Others have vast carbon-intensive hardware manufacturing supply chains, as well as global shipping and delivery networks. Many of these manufacturing and logistics operations are outsourced, and their emissions are reported under Scope 3.
In 2019, the big five IT businesses emitted roughly 13 million tonnes of CO2 equivalent from scope 1 (direct) and 2 (electricity, market-based) emissions, accounting for around 0.04 percent of global energy-related greenhouse gas emissions. Scope 3 emissions, which include business travel, employee commuting, manufacturing, and building, account for roughly 0.3 percent of total global emissions. As a result, decarbonizing all of these companies’ activities, including their supply chains, may have just a tiny direct influence on world CO2 emissions. The enormous enabling potential of digital solutions applied to energy systems and beyond is expected to overwhelm these immediate consequences.
Despite this, some businesses have developed increasingly severe and ambitious emission-reduction plans. This appears to be partly driven by human resource considerations, in addition to general social and political concerns: there is fierce competition for technically qualified young professionals, who are increasingly demanding that their employers take responsible positions on important social and environmental issues, such as climate change. There have been significant examples of IT employees publicly demanding stronger climate actions from their employers, such as avoiding the use of machine learning where it helps fossil fuel extraction.
Renewable energy is purchased in large quantities by big IT enterprises
Corporate power purchase agreements (PPAs) for renewable energy were pioneered by huge tech businesses. The top five tech businesses purchased 7.2 gigawatts (GW) of renewable capacity in 2020, accounting for about 30% of all corporate renewable PPAs and roughly 3.5 percent of worldwide renewable capacity increases. Commitments to acquire the same amount of electricity from renewable sources as their annual usage have become standard among US-based big tech companies.
It’s not easy to assess the impact of these renewable procurements. Given that a significant tech company’s financial power easily exceeds that of most nation governments, a long-term contract with any of them gives substantial investment certainty and allows project financing at favorable terms. This finance was bolstered in some circumstances by the company’s direct stock participation. This aided in the expansion of renewable energy investment. There is also evidence that huge IT companies’ potential investments have influenced legislative decisions in favor of renewables, such as by leading to network access improvements.
Ensure that the electrical sector undergoes a digital transition
Even if the direct use of fossil fuels in vehicles and industry continues to account for the vast majority of energy consumption, wind and solar PV are driving the rise of low-carbon electricity supply. As a result, there is widespread agreement that increasing the usage of electricity across the economy, as well as scaling up wind and solar, is a critical component of the clean energy transition. But there’s a catch: wind and solar energy fluctuate with the weather. The digital economy, more than its “bricks and mortar” equivalent, relies on consistent electrical supplies.
Companies in the technology sector may be able to play a significant role in helping to level out electricity usage. Currently, huge IT businesses are rapidly seeking to enhance their zero-carbon promises by investing in hydrogen and battery storage, in addition to wind and solar, to ensure that their data centers are supplied with clean electricity 24 hours a day, seven days a week. This is helpful, but system operators, not individual business users, are responsible for balancing networked systems. By adopting more flexible operations, such as changing workloads to match renewable generation or functioning as a demand response resource, big IT businesses might play an even bigger role in decarbonizing the grid.
The Solution Is Neutrinovoltaic Energy
While many businesses are unable to obtain enough solar energy to meet their electrical needs, neutrinovoltaic technology offers a solution that never fails. Rather than drawing energy from the visible spectrum of light, the Neutrino Energy Group’s neutrinovoltaic technology generates electricity from neutrinos, which are invisible particles that attack the Earth in nearly equal numbers every second of every day.
Even the untapped power of electrosmog, which is the electromagnetic energy produced by manmade electrical gadgets, is harnessed through neutrinovoltaic technology. The Neutrino Energy Group invented a groundbreaking technique that gathers a small amount of the kinetic energy of neutrinos as they travel through everything we see and converts it into power.
Neutrinovoltaic Modules that Stack and Scale
The Neutrino Energy Group, led by CEO Holger Thorsten Schubart, has developed a metamaterial made of ultra-thin graphene and silicon layers. This material vibrates when it is bonded to a metallic substrate and is impacted by neutrinos. Because both vertical and horizontal vibrations are produced simultaneously, a resonance is created, which can subsequently be translated into electrical energy.
Neutrinovoltaic technology is completely unaffected by seasonal changes or daily weather patterns. Neutrinos never stop colliding with the Earth, hence neutrinovoltaic cells can work at any time of day or night. Neutrinovoltaic cells, like photovoltaic technology, can be scaled horizontally across a surface, such as a rooftop or a slope. The vertical scalability of these two energy gathering methods, on the other hand, is where they differ.
Solar cells can only work if they are not blocked by the sun’s rays, which implies they can’t be stacked on top of one another. Neutrinovoltaic cells, on the other hand, do not have this design issue, therefore they can be stacked as high as you wish, with the bottom cells producing the same amount of electrical power as the top cells.
Background in Technology
The Neutrino Energy Group reminds out that in 2015, two independent scientists, Takaaki Kajita of Japan and Arthur McDonald of Canada, established that neutrinos, which are small rays of cosmic particles that pervade practically everything in the cosmos, do indeed have mass. And, according to Einstein’s Relativity Theory, e=mc2, meaning that everything that has mass also has energy. The two scientists were each awarded the prestigious Nobel Prize in Physics for their discovery.
The next step, which Neutrino Energy has taken, was to figure out how to harness that energy for power generation, which was previously thought to be impossible. In theory, capturing neutrinos as a source of energy is analogous to harvesting photovoltaic (PV) solar cells. Instead of being captured, a portion of the kinetic energy of neutrinos is collected and turned into electricity.
The Neutrino Power Cell is made up of layers of silicon and carbon that are surgically put to a metallic substrate to create a resonance when neutrinos strike it. Neutrino Energy figured out how to make a cell that could convert the ideal level of resonance into an electrical conductor’s resonant frequency and then capture the energy. One significant advantage is that the procedure does not necessitate the use of sunlight. Neutrino Power Cubes can transfer chunks of energy into power 24 hours a day, 365 days a year, wherever in the world.
The new technology has the potential to assist future generations satisfy their energy demands without inefficient infrastructure, competition for finite natural resources, or environmental strain, but it must be addressed immediately to avoid a global disaster.
Neutrino Energy in the Future
Even underground, neutrinovoltaic energy is used. While most types of radiation are halted by soil and rock, neutrinos flow right through the Earth, and only a few materials have been found to stop their movement. Neutrinovoltaic cells are small and portable, and they can be used on or below the surface of the Earth. As a result, this method prevents solar cells and wind farms from destroying natural landscapes.
Neutrinovoltaic technology has been proven to operate in laboratory settings, and Schubart and his colleagues at the Neutrino Energy Group are working on a consumer-grade product that will be beneficial in a range of applications. The Neutrino Energy Group anticipates that neutrinovoltaic energy will initially be used to power smartphones, laptops, pacemakers, and other small devices, but with time, this energy technology will be able to scale up to the point where it will be able to cover the electrical needs of appliances and every other type of power-drawing device within a household.
Neutrino energy, unlike photovoltaic technology, can function even when the sun isn’t shining. As a result, a future with neutrino-powered trucks and industrial equipment isn’t as far away as we would believe. The Neutrino Energy Group believes that now is the moment to employ these ghostly particles to light up humanity’s future. Neutrinos have made their way through the unending darkness to reach us here on Earth, and now is the time to use them to light up humanity’s future.
Big Tech has the potential to play a significant role in the renewable energy transition
Climate change is the generation’s defining challenge. Achieving a net-zero economy will necessitate concerted efforts from governments, consumers, and businesses. Strong climate policies and corporate action can help guide the application of digital technologies in the right places to accelerate clean energy progress. Digital technologies and Neutrinovoltaic Energy are not a silver bullet for tackling climate change, but they can help guide the application of digital technologies in the right places to accelerate clean energy progress.
The tech behemoths of today are among the most successful and innovative businesses in history. They have a huge impact on key businesses and the lives of billions of people. They are well positioned to assist in bridging technological gaps and providing the data required to discover answers to our problems. Big IT corporations can emerge as key members of a grand coalition for global clean energy transitions due to their unrivaled investment capability and innovation promise.
Company Name: Neutrino Deutschland GmbH
Contact Person: Samuel Teshome
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City: 10117 Berlin