PDN 0.58% $15.50 paladin energy ltd

Just listening to Fin review Chanticleer who reported BLACKROCK...

  1. 4,273 Posts.
    lightbulb Created with Sketch. 711
    Just listening to Fin review Chanticleer who reported BLACKROCK gent stating data centres in Ireland are already being restricted due to the power demand overwhelming their grids supply https://open.spotify.com/episode/30YeU1485KE4U3VhPkZ6KI?si=0ab80eec431d41b0
    "Datacentres are part of Ireland’s vision of itself as a tech hub. There are now more than 80, using vast amounts of electricity. Have we entrusted our memories to a system that might destroy them?" is rather funny as the 80 odd they have are barely enough for current demand! Power grab: the hidden costs of Ireland’s datacentre boom | Ireland | The Guardian

    The Grid here, USA, Canada, France, Ireland, Germany ............... Same problems. The fact is we need every possible power source including Nuclear to allow the multiple expanding demands on the world's grids. No country has it right yet!

    Those countries using science, not fear mongering, are going to win economically over the nations who chose the head in the sand approach.
    Blackstone ( Not Black Rock) have some of the money chasing $USD25 billion in datacentres to date including big stakes in Irelands

    "“We are at an inflection point where we are seeing once-in-a-generation demand for data centres, and we believe Winthrop Technologies will be instrumental in powering this digital infrastructure revolution”, said Raphael de Botton, senior managing director at Blackstone. “This transaction is an example of Blackstone’s long-term conviction in investing in this megatrend"
    Blackstone to take majority stake in Winthrop Technologies – The Irish Times

    The MEGA Trend in that is just one of the power growth demand points blind Freddy can see. Just charged my EV away from home and saw a NSW EV TRUCK waiting for its daily top up. It was in Northern Melbourne today. The10 EVs charging or waiting to charge may or may not be a mega trend here. It is clearly adding to our Grid demand faster than our Grid and Generation can help with! Most Multiple EV charge sites divide the maximum charge rate between the number of cars charging! One I use in Western Vic is 50kWh. If two are charging its 25kWh!

    The Grid lines and generation are all huge throttles on what can happen here or anywhere. Our blinkered anti-nuclear types have several valid but mostly invalid misplaced reasons for hating nuclear power.

    What is clear is the huge investments in Data Centers for current and future needs are significantly more than the fools who claim that have everything under control with a bit of wind or solar only. Not Anti wind or solar!






 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
(20min delay)
Last
$15.50
Change
-0.090(0.58%)
Mkt cap ! $4.626B
Open High Low Value Volume
$15.47 $15.50 $15.17 $20.47M 1.327M

Buyers (Bids)

No. Vol. Price($)
1 677 $15.48
 

Sellers (Offers)

Price($) Vol. No.
$15.50 13301 8
View Market Depth
Last trade - 16.10pm 05/06/2024 (20 minute delay) ?
Last
$15.49
  Change
-0.090 ( 0.61 %)
Open High Low Volume
$15.45 $15.49 $15.17 607720
Last updated 15.59pm 05/06/2024 ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.