Cumbrian Tech Firm Harnesses Wind and Solar Power for AI’s Growing Energy Demands

Date:

Cumbrian Tech Firm Harnesses Wind and Solar Power for AI’s Growing Energy Demands

A Cumbrian technology firm, SMS Speedway, has taken an innovative approach to meet the rising energy demands of artificial intelligence (AI) by turning to renewable energy sources. Located in Roweltown, near Carlisle, the company has installed two 15-kilowatt wind turbines and is expanding its solar capacity and battery storage systems. By utilizing these clean energy sources, SMS Speedway aims to accommodate up to 90% of its energy needs, reducing its carbon footprint and contributing to the fight against global warming.

Bradley Kieser, the Chief Executive of SMS Speedway, explained, We are using the natural resources of Cumbria – wind and solar – to generate the electricity for our servers. As AI becomes ever more capable of tackling increasingly complex tasks, the energy requirements increase exponentially. We strive to be a green business, so this is our way of ensuring that we’re not contributing to global warming through our activities.

SMS Speedway specializes in developing AI-based applications for sectors such as e-commerce, property, and finance. While AI can enhance energy use efficiency in certain areas, it is important to acknowledge the significant surge in energy consumption due to AI advancements. A recent study conducted by Alex De Vries from VU Amsterdam School of Business and Economics estimates that by 2027, the global energy consumption of AI could reach a staggering 85-134 terawatt hours of electricity, equivalent to the annual power consumption of a country the size of the Netherlands.

To minimize external electricity purchases, SMS Speedway has invested in battery storage, allowing them to store generated electricity for continuous supply even when there is no wind or sunshine. Additionally, the company leverages AI to optimize energy efficiency. By using AI algorithms, non-time-sensitive, energy-demanding tasks are scheduled for execution when renewable power supply is abundant.

See also  Santander Bank Data Set of 30 Million Customers for Sale Online

Security and data privacy are essential concerns for SMS Speedway. With servers located on-site, the company ensures that customer data remains secure. Mr. Kieser stated, Our AI systems are not connected to the internet, so there is no data leakage. We base our AI solutions on open-source AI, ensuring they are private, secure, and GDPR compliant.

SMS Speedway sources electricity from Octopus Energy, a renewable energy specialist, when external power is needed. However, their increasing investment in wind turbines, solar panels, and battery storage systems will contribute to a more self-sufficient operation.

The integration of renewable energy sources and AI technology at SMS Speedway exemplifies a forward-thinking approach toward sustainability within the tech industry. By harnessing the power of wind and solar, the company is actively reducing its environmental impact and setting an example for others in the field. With the rapid growth of AI and its accompanying energy demands, innovative solutions like these are vital to ensure a greener future.

Frequently Asked Questions (FAQs) Related to the Above News

What is SMS Speedway?

SMS Speedway is a Cumbrian technology firm specializing in developing AI-based applications for sectors such as e-commerce, property, and finance.

How is SMS Speedway meeting the rising energy demands of artificial intelligence (AI)?

SMS Speedway is harnessing renewable energy sources such as wind and solar power. They have installed two 15-kilowatt wind turbines and are expanding their solar capacity and battery storage systems to accommodate up to 90% of their energy needs.

Why is it important for SMS Speedway to use renewable energy sources?

By utilizing renewable energy sources, SMS Speedway aims to reduce its carbon footprint and contribute to the fight against global warming. It is their way of being a green business and ensuring they do not contribute to global warming through their activities.

How does AI impact energy consumption?

AI advancements have led to a significant surge in energy consumption. A recent study estimates that by 2027, the global energy consumption of AI could reach a staggering 85-134 terawatt hours of electricity, equivalent to the annual power consumption of a country the size of the Netherlands.

How does SMS Speedway optimize its energy efficiency?

SMS Speedway leverages AI algorithms to optimize energy efficiency. Non-time-sensitive, energy-demanding tasks are scheduled for execution when renewable power supply is abundant. They also invest in battery storage to store generated electricity for continuous supply even when there is no wind or sunshine.

How does SMS Speedway ensure data privacy and security?

SMS Speedway's servers are located on-site, ensuring customer data remains secure. Their AI systems are not connected to the internet, minimizing the risk of data leakage. They also base their AI solutions on open-source AI, ensuring they are private, secure, and GDPR compliant.

What is SMS Speedway's approach when external power is needed?

SMS Speedway sources electricity from Octopus Energy, a renewable energy specialist, when external power is needed. However, they are investing in wind turbines, solar panels, and battery storage systems to become more self-sufficient in their energy supply.

How is SMS Speedway contributing to a greener future?

SMS Speedway's integration of renewable energy sources and AI technology exemplifies a forward-thinking approach toward sustainability within the tech industry. By harnessing wind and solar power, they are actively reducing their environmental impact and setting an example for others in the field.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

UBS Analysts Predict Lower Rates, AI Growth, and US Election Impact

UBS analysts discuss lower rates, AI growth, and US election impact. Learn key investment lessons for the second half of 2024.

NATO Allies Gear Up for AI Warfare Summit Amid Rising Global Tensions

NATO allies prioritize artificial intelligence in defense strategies to strengthen collective defense amid rising global tensions.

Hong Kong’s AI Development Opportunities: Key Insights from Accounting Development Foundation Conference

Discover key insights on Hong Kong's AI development opportunities from the Accounting Development Foundation Conference. Learn how AI is shaping the future.

Google’s Plan to Decrease Reliance on Apple’s Safari Sparks Antitrust Concerns

Google's strategy to reduce reliance on Apple's Safari raises antitrust concerns. Stay informed with TOI Tech Desk for tech updates.