Author name: Mike M.

startup-bags-e8.5m-to-bolster-europe’s-ev-battery-upcycling

Startup bags €8.5M to bolster Europe’s EV battery upcycling

In a big boost to sustainable mobility, 130 million EVs are expected to hit Europe’s streets by 2035, reaching about half of the total vehicles on the continent. However, this also translates to 130 million dead batteries, which — unless recycled — could end up as a mountain of waste.

Battery upcycling startup Circu Li-ion aims to help solve this challenge. The company has raised €8.5mn in seed funding to create a fully circular battery value chain for Europe’s growing EV market.

Founded in 2021 and based in Luxembourg and Germany, the startup has developed an automated upcycling solution that enables the sustainable recycling of lithium-ion cells for reuse at scale.

Circu Li-ion builds its hardware and software in-house and offers a Machine-as-a-Service product. This harnesses AI to optimise battery discharging, dismantling, disassembly, and health diagnostics to reduce manual labor and minimise the environmental impact. The startup claims that its upcycling solution can save up to 48% of CO2 emissions compared to conventional recycling.

The company already counts several partnerships with OEMs, micromobility service providers, power tool manufacturers, and European recycling companies. Its ultimate goal is to upcycle three billion batteries by 2035.

Machine for EV battery upcycling
Inside Circu Li-ion’s facility. Credit: Circu Li-ion

With the new funding, Circu Li-ion will expand its Machine-as-a-Service solution to further European markets, while offering Disassembly-as-a-Service to enable its customers to upcycle their batteries at its facility in Karlsruhe, Germany. Meanwhile, it aims to improve battery sorting techniques using AI and research ways to innovate direct recycling.

Machine for EV battery upcycling
Inside Circu Li-ion’s upcycling machine. Credit: Circu Li-ion

Ambitiously, the company will also leverage AI and data to create the world’s largest battery recycling data repository to enable data-driven decision-making and support a fully circular battery supply chain.

Finally, the startup will use the capital to reinforce and forge partnerships with industry players, expand its main production facility in Karlsruhe, and double the number of its currently 34 employees.

“We are evolving our products with the agility and adaptability the swift-moving battery market demands,” said Xavier Kohll, co-founder and CTO at Circu Li-ion. “It’s more than creating relevancy — it’s about pioneering flexible solutions that carve out new possibilities for cleaner battery recycling.”

Circu Li-ion founders
Antoine Welter, co-founder and CEO, and Xavier Kholl, co-founder and CTO. Credit: Circu Li-ion

The funding round includes €4.5mn in equity investments, led by social venture capital BonVenture and backed by a number of industry players and Circu Li-ion’s own management team. The company raised an additional €4mn in grants from the European Innovation Council Accelerator (EICA) and a group of recyclers and OEMs.

“Circu Li-Ion puts a stop to the current destruction of value in the form of a technically sophisticated and particularly innovative solution, thus unlocking previously inaccessible potential down to the level of the individual cell,” said Nikolaj Klebert, Investment Manager at BonVenture. “This is what makes a particularly high level of sustainability possible in the first place and makes an important contribution to the transformation of many industries.”

Circu Li-ion’s services come at an opportune moment for the company (and the planet), following the EU’s new battery regulation, which aims to ensure a circular economy and will require mandatory minimum levels of recycled elements for EV batteries. These are set at 16% for cobalt, 85% for lead, and 6% for lithium and nickel, respectively.

“Batteries are key to the decarbonisation process and the EU’s shift towards zero-emission modes of transport. At the same time end-of-life batteries contain many valuable resources and we must be able to reuse those critical raw materials instead of relying on third countries for supplies,” said Teresa Ribera, Spanish minister for the ecological transition. 

Startup bags €8.5M to bolster Europe’s EV battery upcycling Read More »

should-we-be-working-at-85%-capacity?-the-pros-and-cons-of-‘sustainable’-effort

Should we be working at 85% capacity? The pros and cons of ‘sustainable’ effort

Perfectionism and productivity are uneasy bedfellows.

The pandemic, job insecurity, and mass layoffs that followed have exacerbated over-performance burnout, leading to a new thought pattern in employee welfare; one that nobody dared utter out loud until now.

What if we only gave 85% of ourselves to our jobs?

Is 85% the productivity sweet spot?

Devised by sprinter nine-time Olympic gold medalist, Carl Lewis, the philosophy behind the 85% rule is that to maintain a balance between excellent performance and excellent output, you don’t need to give 100% all the time.

The <3 of EU tech

The latest rumblings from the EU tech scene, a story from our wise ol’ founder Boris, and some questionable AI art. It’s free, every week, in your inbox. Sign up now!

This is because working at 85% effort leaves 15% for crucial headroom that prevents workers from crashing through the burnout ceiling.

On the other hand, your employer might think that operating at 85% makes you wasteful, lazy, unproductive or ill-suited to the job.

Nobody wants to pay their workers to phone it in 15% of the time, so, which side is right?

Breaking free from burnout

Firstly, burnout is a real, tangible metric. In early 2022, McKinsey’s Burnout Assessment Tool showed that one in four workers reported symptoms of burnout.

Given that burnout can lead to paid sick leave or stress leave and high employee turnover, it makes sense to settle for a workforce that’s on track for a B+ instead of an A.

A little space for humans to be, well, human, seems an obviously sensible approach. If you need more convincing, the 85% rule has even become a hit with celebs: actor Hugh Jackman is among its advocates.

On the other hand, there are those who believe that if you’re not giving it 100%, you’re in the wrong job. This side of the debate advocates for a career switch-up that will make the pursuit of perfection feel like a passion, not a punishment.

However, there is very little holistic intelligence to this argument, and the giving-it-all approach is more likely to be adopted by CEOs and those who run their own businesses who either cannot afford to take their foot off the gas, or are seeing the immediate reward for perfectionism hit their bank account.

Earlier this year, Thomas Curran, Assistant Professor in the Department of Psychological and Behavioural Sciences at the London School of Economics, published a groundbreaking book on the subject, The Perfection Trap: Embracing the Power of Good Enough. In it, he uses a decade of research to argue that perfectionism is a damaging trait with its roots in the darker side of capitalism and a warped value system that belies human nature.

Societal conditioning that leads workers to overstretch to satisfy the appetite for non-stop growth is an external, non-human economic force.

For human beings, being good should always be good enough.

Tired of a ‘growth at all costs’ workplace culture? The House of Talent Jobs Board has opportunities with hundreds of companies that take a human-centered approach

Senior IT Business Analyst, Capgemini, Munich

As a Senior IT Business Analyst at Capgemini’s German HQ, you’ll lead a global, agile team to create tailored software solutions for big names in the industry. You’ll be adept at handling diverse projects, translating business tasks into tech requirements, coping with change, and shaping business models. A relevant degree and solid experience in computer science, strong analytical skills, great communication skills (in both German and English), and a focus on customers are must-haves for candidates in this role. Read more and apply now at the House of Talent Jobs Board.

Software Developer, Tribeca Technology, Sittingbourne, UK

Tribeca Technology is a global IT Managed Service Provider based in Sittingbourne, Kent. The company is now seeking a Software Developer on a hybrid basis to join its small team. The key tech skills you should bring include C#, ASP.NET Core, Microsoft SQL, JavaScript/TypeScript and HTML/CSS/SaSS (Bootstrap), although you’ll receive support for upskilling. DevOps and CI/CD experience is a bonus. Tribeca embraces tech diversity, and you’ll work with the most cutting-edge tools in the software development landscape. Apply for this promising role with a small firm at the House of Talent Jobs Board.

Senior Consultant Forensic and Integrity Services, Ernst & Young, Berlin

Ernst and Young is hiring consultants for its Forensic and Integrity Services team across various German cities. You’ll focus on the battle against white-collar and financial crime, and be ready to support international clients in finance to prevent money laundering, terrorist financing, sanctions violations, and fraud. Ideally, you’ll have at least three years of experience in relevant fields and a background in economics or business law. Find out more about this role on the frontline of fraud combat at the House of Talent Jobs Board.

Should we be working at 85% capacity? The pros and cons of ‘sustainable’ effort Read More »

europe-has-‘no-other-choice’-but-to-depend-on-spacex-for-upcoming-satellite-launches

Europe has ‘no other choice’ but to depend on SpaceX for upcoming satellite launches

Elon Musk’s SpaceX has reached a deal with the European Space Agency (ESA) to launch four navigation and communications satellites into orbit, the Wall Street Journal reports.

The agreement covers two launches next year, each carrying two Galileo satellites, Javier Benedicto, the ESA’s director of navigation, told the publication. These satellites enable encrypted communications between European governments and handle the bloc’s satellite navigation system. 

While SpaceX has launched European payloads before, this is the first time the EU has partnered with the Musk-led company on a satellite containing classified information. Officials from both sides of the pond are working together on the safe handling of this sensitive data, the sources said.

For anyone familiar with Europe’s space sector, the news doesn’t come as a huge surprise. With Ariane 5 officially decommissioned, the launch of its successor, Ariane 6, delayed once again, and Italy’s Vega C rocket grounded following a launch failure in December, the continent is without independent access to space satellites. 

The bloc’s backup option, the Russian Soyuz programme, was interrupted last year amid the breakdown in relations following Russia’s invasion of Ukraine. This lack of alternatives left Europe with “no other choice” but to team up with Musk’s space company, ESA officials told the Journal.  

“We have 10 satellites that are ready to be launched, and those satellites should be in space, not on the ground,” said Benedicto. However, he added that the space agency does not intend to use SpaceX for future Galileo launches beyond this deal. 

The hope is that Ariane 6, ESA’s next-generation heavy-lift rocket, will enter service sometime in 2024. The rocket was scheduled to deliver the Galileo satellites into space but has faced numerous delays. 

Newer would-be launch providers, including the Spanish company PLD Space and Germany’s Rocket Factory Augsburg, are still developing their technology and it’s uncertain when, or if, their rockets will enter commercial operations. 

For now, the European Commission and EU member states must still give final approval for the deal.  

The ESA did not immediately respond to our request for comment.

Published

Back to top

Europe has ‘no other choice’ but to depend on SpaceX for upcoming satellite launches Read More »

2023-to-be-europe’s-‘most-depressed’-year-for-vc-exit-value-in-a-decade

2023 to be Europe’s ‘most depressed’ year for VC exit value in a decade

Amid the economic downturn, 2023 is expected to be the “most depressed” year in Europe’s VC exit value since 2013, data from Pitchbook has shown.

According to the report, during the first three quarters of 2023, exit value reached €9.1bn — down 72.8% compared to the same period in 2022. Unsurprisingly, public listing value continued its downward trend, seeing a 79.8% drop. Meanwhile, buyout exit value showed the biggest resilience, although it also declined by 56.4% compared to last year.

Against this backdrop, IT hardware was the most resilient sector in exit activity, while energy saw the biggest decline. Software remained the largest sector among the pack, but its exit value did drop 69.3% compared to the first three quarters of 2022. Still, software alongside biotech & pharma generated most of the value in Q3 2023. The biggest exit was the €1.2bn acquisition of Kerecis, an Icelandic biotech startup that uses fish skin to treat wounds.

VC fundraising continues to struggle

In the first nine months of 2023, the VC capital raised amounted to €13.9bn — about half of the €27.6bn invested for the full 2022. While there has been an upward trend since H1 2023, Pitchbook’s analysts don’t expect this year’s total fundraising to exceed 2022 levels.

Region-wise, France & Benelux and the DACH countries (Germany, Austria, and Switzerland) raised the biggest share of capital through Q3 2023 compared to 2022 — reaching 27.8% and 24.3%, respectively. This was achieved thanks to a number of large closes in the Netherlands: NATO’s Innovation Fund’s €1bn close and Forbion Venture Fund VI’s €750mn close.

Cause for hope?

Although VC deal value is set to end 2023 well below 2022 levels, signs of recovery “could be evident.” According to the report, while VC activity in the first three quarters of this year didn’t match the peak levels of 2021 and 2022, it did echo prior-to-2020 levels, which could indicate structural growth in the long term. Nevertheless, it remains to be seen whether Europe’s unclear macroeconomic environment can sustain market recovery.

Published

Back to top

2023 to be Europe’s ‘most depressed’ year for VC exit value in a decade Read More »

amazon-adds-1gw-of-renewable-energy-to-europe’s-grid

Amazon adds 1GW of renewable energy to Europe’s grid

Amazon has added 39 new renewable energy projects to its European portfolio since the start of the year, the company said today. 

The 39 new additions include 15 rooftop solar installations on Amazon’s own facilities in Belgium, France, Italy, Spain, and the UK. The remaining 24 are utility-scale wind and solar projects that the company has funded in Finland, Germany, Greece, Spain, Sweden, and the UK.

These projects are already transmitting 1GW of clean energy into national grids across the continent. Once all the Amazon-backed renewable projects are fully operational, they will collectively exceed 5.8GW of capacity. According to the retail giant, this is enough energy to power more than 4.7 million European households annually.

“With more than 160 wind and solar projects in Europe, Amazon is helping to provide new sources of clean energy to local grids, creating jobs, and supporting local businesses as we progress toward powering our operations with 100% renewable energy by 2025,” said Lindsay McQuade, director of energy for EMEA at Amazon.

The <3 of EU tech

The latest rumblings from the EU tech scene, a story from our wise ol’ founder Boris, and some questionable AI art. It’s free, every week, in your inbox. Sign up now!

Under pressure from customers, employees, and shareholders (and, arguably, out of its own eagerness to reduce emissions) Amazon made a public commitment in 2019 to decarbonise its entire business by 2040. At the same time, Amazon pushed forward its pledge to power its operations with 100% renewable energy from 2030 to 2025. 

Since then, the retail giant has been supercharging investment in renewable energy projects as it looks to wean its power-hungry data centres and logistics hubs off fossil fuels. In 2022, Amazon bought 10.9GW of clean power, making it the largest corporate buyer of renewable power in the world.  

Published

Back to top

Amazon adds 1GW of renewable energy to Europe’s grid Read More »

i-tried-to-play-vr-with-friends-on-quest-and-it-was-a-nightmare-(again)

I Tried to Play VR With Friends on Quest and it was a Nightmare (Again)

It feels like every time I try to get friends to have some fun in VR with me, the experience is somehow horribly painful. This time I kept a journal of the entire experience to catalogue the struggles seen by real Quest users every day.

The advent of Quest was supposed to streamline the usage of VR. But what was once friction of complicated hardware and requirements has been replaced with a mess of usability issues that make people not want to come back.

As much fun as I know it is to play VR with my friends, there’s a little part in the back of my mind that dreads it. I’m so used to telling my friends about some fun new VR game we can play together, only to have to drag them through a string of frustrating issues to finally reach the fun I had promised. It’s such a problem that I don’t ask my friends to play anything but the very best looking VR games with me, because the amount of struggle has to be offset by a great experience.

This week when I decided that the newly released Dungeons of Eternity looked good enough that I could convince my friends to give it a shot, that feeling of dread crept in again. I decided from the outset to keep journal of the experience because I knew there would be strife. There always is.

These Aren’t Novices

So let’s set the scene. I asked two of my good friends to play the game with me. Both are life-long hardcore gamers who own multiple consoles, have built their own PCs, and regularly seek out and play the latest non-VR games. Friend 1, let’s call him, has owned multiple PC VR headsets before getting Quest 2. On the other hand, Friend 2 got Quest 2 as their first VR headset.

Both have owned their Quest 2 for more than a year, but neither had used the headset in the last six months (after reading this journey you’ll understand why).

Imagine This, But Without Expert Guidance

And let’s be clear here. I’m a highly experience VR user and know the Quest headsets and their software inside and out. I knew there would be struggles for them, so I anticipated and offered to walk them through the process of getting everything set up. With me there, they skipped any amount of googling for solutions to the issues they encountered. No normal VR user gets the benefit of an expert holding their hand through the process. This is to say: the experience that you read here is the absolute best case scenario—and it was still a struggle.

I knew since they hadn’t used their Quests recently that the headsets would need to get plugged in charged, updated, and controller batteries replaced. I told them both from the outset to make sure this happened before our planned play session (had they not realized they needed their headsets updated, it would have meant our planned play session would have begun with at least 15 minutes of updates, restarts, and game installs). In anticipation of stumbles along the way, I got Friend 1 into voice chat to make the process as seamless as possible. Here’s how that went.

Put on his headset to update. Controllers weren’t working and neither was hand tracking.

Fix: I walked him through the process of using the ‘cursor’ and ‘up volume’ button as a mouse click (an input modality most people in my experience don’t know exists on the headset). I had an inkling that hand-tracking might be disabled on his headset, so I told him to go to Settings and enable it.

Didn’t know where to find settings.

Fix: Told him to “click on the clock” then hit Settings at the top right. Mind you, the Settings ‘button’ at the top right does not have any visual indication that it is in fact, a button. It easily could be mistaken for the label of the panel.

Didn’t know where to find hand-tracking option.

Fix: He wandered through multiple sections of the Settings until finding it

With hand-tracking enabled, it was easier to guide him to the Software Update section of the Settings and have him hit the ‘check for update’ button.

Headset updated and restarted, but controllers still weren’t working.

Fix: I guided him through the process of holding two buttons on the controller to make the power LED flash. Had to tell him where to find the LED on the upper ring of the controller (it’s invisible when not active). Concluded that batteries weren’t charged, so he replaced them.

Now he needed to install the game. He had already purchased it online but couldn’t find it in his headset.

Fix: I told him to find the Store search and pull up the game and click the install button.

As we were going through this process, Friend 1 asked me about Dungeons of Eternity: “is the multiplayer pretty seamless?” I told him I didn’t know because I hadn’t tried multiplayer yet. Drawing upon his past experiences of VR he responded, “I’m guessing the answer is no.”

Installed and Ready to Play, Right?

So we got through the process required just to get the game installed and ready to play. But the issues didn’t end there, and not just for Friend 1 but also for me.

I had the foresight to start a party call in the headset with both friends so we could be in constant communication if when things went wrong. If I hadn’t done this we would have ended up separated, communicating by text or phone while in the headset trying to get all of the following solved, and that would have been far worse.

But when I first sent the party call invite to both friends, Friend 2 joined and I could hear him for a few moments, but then I got dropped out of the call. Friend 1 said he never got a notification to join the call in the first place.

Ok, so I hung up the call and tried again. This time Friend 2 got in and we didn’t get dropped out, but Friend 2 still got no notification about the call. So I walked him through how to find the headset’s notification section, from which he was able to join the party call.

Ok so we’re talking. Now how to get my friends into the game with me? I opened the Quest menu and found my way to the party call where I was able to choose to bring the party to the game lobby. When I clicked the button to do so, both friends got a pop-up asking to travel to the game. “Awesome! Something is going to work!” I thought to myself.

Of course not. All three of us loaded into the game, but we weren’t connected together into a lobby. Ok, well at least we’re all in the game now, so let me try inviting them directly into the game instead of using the party travel system.

I opened the Quest menu, found the ‘invite’ button on the game panel, and when I clicked it, nothing appeared. I knew a list of friends should have appeared, but there was simply nothing. I backed out of the menu and tried again. Nothing appeared. This wasn’t even a blank page… just… air.

Attempting to invite my friends to the game. After the normal invite button was broken I searched for invite buttons elsewhere but didn’t find any | Note: While attempting to retrieve this video from my headset, the Gallery section of the Quest smartphone app bugged out and had to be force-quit before the video would appear.

At this point my friends were getting impatient just standing around in their uncomfortable headsets. So I tell them both to run through the tutorial separately, and we’d all meet up when that was done.

In the meantime, I tried going through the party call interface to pull up each friend’s Quest profile to see if I could invite them that way. This is very standard stuff for every other game platform… navigate to a friend’s profile and click an invite button. But I could only call or message them from there. I also went to the ‘People’ tab in the Quest menu to see if I could find them on my friends list and invite them that way. Nada.

Ok so I quit and relaunched the game. Upon trying the regular invite process again, the invite panel actually appeared!

Can We Play Yet?

They had finished their tutorials, so I sent them both an invite. And get this: it actually worked and they loaded into my lobby! Finally. Finally we’re going to play the game together.

If only.

I told them to drop out of our party chat so we could use in-game spatial audio. But they couldn’t hear me.

Eventually I saw an error pop up in the game, “attempt to login to voice chat timed out.”

Luckily I recalled that the first time I launched the game several days prior it had asked for permission to ‘record audio’. Since I had selected Solo Mode to play the game by myself, I didn’t initially understand why the game would want to ‘record audio’, so I reflexively denied the permission.

That meant when we tried to use in-game chat, it couldn’t connect me. Fixing this meant going into the Settings to find App Permissions, then toggle the microphone permission for the specific game.

Now you might think ‘oh that’s just user error you obviously should have accepted the permission in the first place.’

And yet… no. This was a contextless permission request that goes against every modern guideline. I had opened the game to play it solo, not even thinking of its multiplayer component at the time. The permission was requested after I selected ‘Solo Play’. Why would a game want to ‘record audio’ in a single player mode?

Not only was this the wrong time to ask for the permission, the permission itself is unclear. ‘Record audio’ is very different than ‘transmit your voice for multiplayer chat’. Had the permission asked with that added context, I might have better understood what it was asking and why, even though it had asked at the wrong time.

Ok so the permission is sorted out. Then I had to restart the game. Of course that meant I also had to re-invite them to my lobby. I braced myself for disappointment when I clicked the button for the invite menu… alas, it actually appeared.

Found the Fun

After all of that—maybe 20 or 30 minutes of trying to get it all to work—we were finally standing next to each other in VR and also able to hear one another.

Perhaps the most frustrating part of all of this is how much it hides the magic of VR.

Within minutes, maybe even less then one minute, from launching into a mission together we were laughing together and having an absolute blast just screwing around in the very first room of the very first tutorial mission. Multiplayer VR is magical like that, especially with good friends. But it can be so painful to get there.

And here’s the kicker. Even though we had a really fun time together, the repeated pain of finally getting to the fun burns into the subconscious like a scar that doesn’t go away. It had been more than six months since I was able to convince them to play a VR game together. The next time I ask them to play with me again, I won’t be surprised if they say ‘nah let’s play a flat gam’.

– – — – –

And last but not least, it’s important to point out here that I’m not just ripping on Quest. I’m not saying other VR platforms do social better. I’m saying Quest doesn’t do it well enough.


Am I alone in this or have you had your own nightmares trying to play VR with friends? Drop a line in the comments below.

I Tried to Play VR With Friends on Quest and it was a Nightmare (Again) Read More »

taiwan’s-semiconductor-suppliers-plan-to-invest-in-european-chip-factories

Taiwan’s semiconductor suppliers plan to invest in European chip factories

Amid the global race for semiconductor chips, Taiwanese suppliers are considering investing in Europe, the Financial Times reports.

“We are planning investments in Germany, and the European market is going to be ours,” Vincent Liu, president and chief executive of LCY Group, told the newspaper. The company supplies cleaning agents and solvents to Taiwan Semiconductor Manufacturing Co (TSMC) — the world’s biggest contract chipmaker.

Alongside LCY Group, three more chemicals suppliers to TSMC said they’re eyeing investments in Europe.

The interest appears to be related to the emergence of the first advanced chip factories in the bloc — a move supported by the EU’s Chips Act, which aims to mobilise €43bn in public and private investments. Its aim is to ultimately bring the union’s share in global production capacity from 10% to 20% by 2030.

Under the scheme, the EU is offering subsidies to incentivise foreign chip manufacturers to set up factories within its borders. Intel, for example, has pledged to invest €30bn in two chip plants in Germany, while it’s planning to build a €4.6bn semiconductor assembly and testing facility in Poland.

Meanwhile, TSMC has teamed up with European chipmakers Infineon and NXP and auto supplier Bosh to build a €10bn chip plant in Germany. Multinational chipmaker GlobalFoundries and European chip company STMicroelectronics are also planning a €5.7bn factory in France.

“The global race for leadership in chips is a fact and Europe must secure her active part in it,” said Věra Jourová, the Commission’s VP for Values and Transparency, when the Chips Act came into force in September.

Establishing domestic production and strengthening the supply chain will indeed be critical for the EU’s aim to tackle its heavy reliance on a few foreign suppliers, China and Taiwan for manufacturing, and the US for design.

And while experts claim semiconductor independence is “impossible” for the EU (and for any other country for that matter), such investments would in all certainty help boost the bloc’s competitiveness in the sector.

Published

Back to top

Taiwan’s semiconductor suppliers plan to invest in European chip factories Read More »

google’s-ai-could-soon-consume-as-much-electricity-as-ireland,-study-finds

Google’s AI could soon consume as much electricity as Ireland, study finds

Google’s AI could soon consume as much electricity as Ireland, study finds

Amid the debate over the dangers of widespread AI development, an important concern may have been overlooked: the huge amount of energy required to train these large language models.

A new study published this week suggests that the AI industry could consume as much energy as a country like Argentina, Netherlands, or Sweden by 2027. What’s more, the research estimates that if Google alone switched its whole search business to AI, it would end up using 29.3 terawatt-hours per year — equivalent to the electricity consumption of Ireland. 

The paper was published by Alex de Vries at the VU Amsterdam School of Business and Economics. 

In 2021, Google’s total electricity consumption was 18.3 TWh, with AI accounting for 10%–15% of it. However, the tech giant is rapidly scaling the AI parts of its business, most notably with the launch of its Bard chatbot, but also the integration of AI into its search engine. 

However, the scenario stipulated by the study assumes full-scale AI adoption utilising current hardware and software, which is unlikely to happen rapidly, said de Vries. One of the main hurdles to such widespread adoption is the limited supply of graphics processing units (GPUs) powerful enough to process all that data. 

While entirely hypothetical, the study casts light on an often unstated impact of scaling up AI technologies. Data centres already use between 1-1.3% of all the world’s electricity and adding AI to existing applications like search engines could rapidly increase the share. 

“It would be advisable for developers not only to focus on optimising AI, but also to critically consider the necessity of using AI in the first place, as it is unlikely that all applications will benefit from AI or that the benefits will always outweigh the costs,” advised de Vries.

Get the TNW newsletter

Get the most important tech news in your inbox each week.

Also tagged with


Google’s AI could soon consume as much electricity as Ireland, study finds Read More »

croatia-wants-to-turn-this-superhot-underground-lake-into-a-16mw-geothermal-power-plant

Croatia wants to turn this superhot underground lake into a 16MW geothermal power plant

A Croatian energy company has discovered an underwater lake of superheated water that could supply the country’s far north with clean geothermal electricity.

The find was the result of a two-year study by state-run power company Bukotermal that sought to find suitable sites for the exploitation of the energy source, generated by heat from the Earth’s core.  

The research verified the presence of a geothermal water source at Lunjkovec – Kutnjak field, located in the Varazdin County, close to the border with Hungary. The underground lake, located at a depth of 2.4 kilometres, has an average temperature of 142.03 degrees Celsius.

Varazdin County confirmed on Tuesday that the site meets all the requirements for the construction of a 16MW geothermal power plant. That’s enough energy to supply tens of thousands of homes.

To date, over 2.5mn has been invested in the project. However, according to Alen Pozgaj, CEO of Bukotermal, the total cost to build the plant would be around 50mn. 

The news comes just days after the Croatian Ministry of Economy and Sustainable Development awarded five licences for the exploration of geothermal waters to firms from Croatia, the United Kingdom, and Turkey. 

The tender was issued by the Croatian Hydrocarbon Agency, has a value of over €40mn, and concerns five areas in the region’s north and northeast that already have existing wells, a legacy from retired oil and gas operations. Tapping these wells means companies don’t have to drill new ones, cutting the risk and costs for investors, said the Ministry.

Croatia has been ramping up efforts to exploit its extensive geothermal resources in recent years as it looks to wean itself off imported fossil fuels. The Balkan state, as well as its neighbours Hungary and Slovenia, sits on a geologically active area known as the Pannonian region. In this area, the water is boiling a little more than a mile down and gets hotter the deeper a well is drilled.

“Based on an extensive database, we know that the Pannonian area has perfect conditions for development of geothermal business, with geothermal gradient 60% higher than the European average,” Marijan Krpan, the head of the Croatian Hydrocarbon Agency’s (CHA) managing board, told Reuters

In the EU, Italy is by far the largest electricity producer from geothermal energy with some 915MW capacity, followed by Germany (38MW) and Portugal (30MW). While Croatia’s installed capacity is much lower, but the government has committed hot water pools have the potential to supply one-third of the country with clean electricity if harnessed.  

There are already projects underway in the country that pump hot water from under the ground to heat entire towns, and farmers are using the technology to warm their greenhouses. The country’s first geothermal power plant was put into operation in 2019. 

The Velika Ciglena power plant has 10MW of installed capacity, which corresponds to the average consumption of 29,000 Croatian households. That’s equivalent to about the electricity generated by about 94 football fields of solar panels, on a plot of land that is less than a tenth that size. 

The Velika Ciglena power plant pulls hot water from under the ground and uses the steam to spin turbines, generating 10MW of clean electricity. Credit: Truboden

The facility’s core technology was produced by Italy’s Truboden. The plant pumps hot water that has been heated by the energy of the earth’s core to the surface through a pipeline drilled two kilometres into the ground. The heat is used to make steam that spins turbines, generating electricity. Then the cooled water is pumped back down into the ground.  

For backers of the technology, geothermal energy presents a source of 24/7 power that is more consistent than wind and solar, and less vulnerable to weather extremes — like hydropower dams that are sometimes forced to shut off entirely during periods of drought. 

But there is wide variability from site to site, drilling wells is expensive, and often it’s impossible to know in advance whether a drill hole will yield good enough water. That can scare off investors. Using existing wells previously used for oil and gas exploration is one solution to cost-cutting, which is exactly the approach Croatia is currently taking.

For now, Bukotermal has a six-month timeframe to propose how it will exploit the newly discovered geothermal pool. The company plans to construct one or more geothermal power plants and heat utilisation facilities at the site, with construction expected to start within two years time.

Croatia wants to turn this superhot underground lake into a 16MW geothermal power plant Read More »

cambridge-aims-to-double-its-unicorns,-plans-support-scheme-for-founders

Cambridge aims to double its unicorns, plans support scheme for founders

Home to over 5,300 high tech companies, Cambridge is among the world’s leading university-based ecosystems. Ranked as the third most important science hub globally in 2022, the city counts 23 unicorns and its university-backed startups have raised over £3bn in research investment.

Now, Cambridges aims to more than double its unicorns by 2035 under a new scheme led by a partnership of local universities, government bodies, and industry players including Microsoft and AstraZeneca.

Announced today, the Innovate Cambridge initiative will seek to support business growth and double the number of multinational companies in the area to 40. The initiative has also partnered with Manchester to foster innovation in both cities, and create local hubs to facilitate the relationship between researchers and entrepreneurs.

Meanwhile, earlier this week, the University of Cambridge launched a new flagship programme to support spinout founders in their scaling and commercialisation journey. The initiative will combine capital, networks, and talent, while it will focus on founders (mainly active in deep tech) whose products are solving world-pressing problems such as the climate crisis and aging population.

Founders who join the programme are expected to raise over £700mn in the first five years.

“Cambridge already has a global reputation for producing world-leading technology businesses such as ARM Holdings, Darktrace, FeatureSpace, and Healx,” said Gerard Grech, the initiative’s managing director and former CEO of Tech Nation. “Creating fertile pathways for our top innovators to bring their game-changing solutions to market is vital.”

Both programmes are a breath of fresh air for the UK government, whose ambition to turn Cambrigde into “the science capital of Europe” has been facing a series of hurdles.

Earlier this year, housing secretary Michael Gove unveiled a £5mn “Cambridge 2040 Plan” in response to the problems delaying the city’s growth. But that plan has been hindered not only by local opposition to residential construction, but also by insufficient water and transport infrastructure.

“Cambridge needs to provide for its high tech growth,” Lord David Willets, the chair of Innovate Cambridge, told the Financial Times. “The good news is that it is already in the planning system. The bad news is actually getting all this through is tricky with a whole range of issues.”

Published

Back to top

Cambridge aims to double its unicorns, plans support scheme for founders Read More »

5-space-age-technologies-that-the-eu-just-launched-into-orbit

5 space-age technologies that the EU just launched into orbit

A new EU mission has sent some suitably space-age tech into the cosmos. On a Vega rocket that launched from the European spaceport in French Guyana on Monday, the union sent six satellites and nine experiments into orbit for testing.

The programme aims to boost the EU’s space sector and broader tech innovations. According to the bloc, the mission is “closing the gap between the development of a technology and its commercialisation.”

That may prove a tricky task, as some of the concepts are straight out of a sci-fi movie. Here are our five favourite projects getting the in-orbit testing.

1. A ‘plasma brake’ to deorbit satellites

A mini satellite built by Estonian students will demonstrate de-orbiting with plasma brakes.

Named ESTCube2, the device uses an electric sail to repel plasma, which creates a drag to slow down dead satellites. As a result, the space junk loses altitude and burns up in the atmosphere — before causing a disaster.

The tech could even one day power spacecraft without fuel.

We dug into the details in a separate article. Click here for our full report on the cosmic decelerator.

A person holding the EST Cube-2 satellite
The ESTCube-2 is around the size of a shoebox. Credit: University of Tartu

2. A squad of satellites studying water

INTA, a Spanish research organisation, has supplied a novel water monitoring system.

The mission uses a cluster of minituarised satellites known as cubesats. Flying in formation, the cubesats will harness spectrometry to study the water quality of reserves in the Iberian Peninsula.

3. A plasma jetpack

Plasma is getting a lot of love from EU space boffins. Joining the brake in orbit is a plasma jetpack, which offers low-cost propulsion for small satellites.

Comat's plasma jet-pack
The jetpack is built to last for at least five years. Credit: Comat

The jetpack was created by Comat, a French space equipment manufacturer. By testing the kit in orbit, Comat plans to show the system can power satellites of between 15 and 30kg.

4. A mini star tracker

Another Spanish contribution is a mini star tracker. The device is the brainchild of Solar Mems, an aerospace firm based in Seville.

The tracker is designed for “attitude determination,” which calculates the orientation of spacecraft. Space will provide a true test of the system’s accuracy.

5. Radiation sensors

Two different radiation sensors will be put through their orbital paces.

One was invented at KU Leuven, Belgium’s highest-ranked university. Named RADIOX, the sensor applies an electronic memory, which monitors errors due to energetic particles. Radiation intensity is detected by measuring the number of errors in the memory.

The second sensor is the Spacepix Radiation Monitor (SXRM). Created by Esc Aerospace, a Czech aerospace company, the system is a radiation detector. In an orbital radiation field, the detector will measure the flux of electrons, protons, and heavy ions.

A photo of the Vega rocket launching
Credit: ESA/CNES/Arianespace
The tech launched onboard the Vega rocket, which is operated by France-based company Arianespace. Credit: ESA/CNES/Arianespace

EU officials have high hopes for the mission. They claim it will be the final step before the tech enters the market.

“It is demonstrating, once more, that the EU is playing an active role in space,” said Thierry Breton, the EU’s internal market commissioner.

“This is a concrete example of how we are supporting innovation, scientific knowledge, and the competitiveness of the European space industry and space startups.”

5 space-age technologies that the EU just launched into orbit Read More »

even-world’s-biggest-offshore-wind-farm-can’t-mask-uk’s-green-energy-failures

Even world’s biggest offshore wind farm can’t mask UK’s green energy failures

The world’s largest offshore wind farm has started exporting power to the UK grid after its first turbine came online this weekend.  

The Dogger Bank Wind Farm, currently under construction in the North Sea, will comprise a total of 277 turbines once complete in 2026. The huge plant is expected to churn out 3.6GW of power — enough for 6 million UK homes.

Prime Minister Rishi Sunak hailed the milestone as a boost to energy security and job creation. “Offshore wind is critical to generating renewable, efficient energy that can power British homes from British seas,” he said.

Dogger Bank is an attractive location for offshore wind farms because it is located far away from shore, avoiding complaints about the visual impact of wind turbines. The scheme is central to the government’s plan to ramp up offshore wind capacity from 13.7GW to 50GW by 2030 — enough energy to power every home in the country.

China (49%), the United Kingdom (22%), and Germany (13%) currently account for more than 75% of global offshore wind installed capacity. 

While positive news for the UK’s energy transition, the powering up of Dogger Bank comes amid a watering down of climate policy by the country’s Conservative government.

Restrictions on onshore wind and solar 

In the latest move against renewable energy projects, Sunak is planning to clamp down on solar panel installations across British farmland, which campaigners say will stall the UK’s green transition and raise bills, the Observer reported this week.  

Under the plans, solar farms could be blocked by local authorities if officials believe a prospective project could “put food security at risk.” Downing Street is expected to cite food shortages in Europe and the war in Ukraine to justify the decision, with environment secretary Therese Coffey also reportedly backing the move.

The proposal will no doubt be welcomed by many Conservative MPs and rural residents, who have been campaigning against new solar farm developments, such as the proposed Sunnica Energy Farm, for years. 

Despite concerns, ground-mounted solar panels currently cover just 0.1% of all land in the UK. Even government plans to significantly scale up solar in line with its net-zero target are expected to bring this up to just 0.3% of the UK land area.    

Your regular reminder that solar farms take up less of the UK than golf courseshttps://t.co/hyoP2pvG9G pic.twitter.com/MJnvNB4KNx

— Simon Evans (@DrSimEvans) October 7, 2023

“Solar energy will help us move away from polluting fossil fuels, and in the long term protect UK farming from climate breakdown. Restricting ground-mounted solar would be gravely short-sighted,” Lydia Collas, senior policy analyst at Green Alliance, told the Guardian.

Some even took to social media to express their dismay at the proposal. “I guess Rishi’s rich landowner mates don’t want their country views spoiled,” said one commenter on Reddit. Another user rightly pointed out that you can easily farm and generate power on the same land — a system known as agrivoltaics

The plans threaten to stifle the growth of solar power in the country by making it harder for new projects to gain planning permission. 

It follows an almost decade-long policy that effectively banned the installation of new onshore wind turbines, one of the cheapest sources of electricity currently available. 

The UK government’s aversion to onshore wind dates back to David Cameron’s stance in 2015, which Sunak vowed to uphold when he ran for the Tory leadership last year. Sunak said at the time that he instead wanted to pursue offshore wind due to the “distress and disruption” onshore wind farms can cause to local residents.  

Even though the de facto ban was relaxed last month, onshore wind in England still faces higher planning barriers than anything else, including new coal mines, according to climate advocacy group Possible. 

The point of all of this is that British policymakers are effectively stalling the energy transition by tying up key onshore renewable energy projects in the slow (and often right-leaning) legislative processes of local authorities. 

This seemingly contradicts the UK’s future energy commitments, which aim to ramp up onshore wind and solar from, respectively, 14.5GW and 13.8GW today to 35GW and 53GW by 2035.  

Sunak’s anti-green agenda

Unfortunately though, the restrictions on new onshore wind and solar imposed by the UK government are pretty on brand. 

In a speech on September 20, Rishi Sunak promised a “new approach” that in effect significantly waters down Britain’s climate policy. 

In that speech, Sunak announced that the 2030 phase-out of new petrol and diesel cars will be pushed back to 2035, as well as weakening the 2035 gas boiler phase-out, confirming it will apply to far fewer homes. 

Moving too fast on green policies, he said, “risks losing the consent of the British people.”  

The move came just two months after the UK controversially granted 100 new licenses for oil and gas exploration and production in the North Sea.  

Sunak has since faced mounting criticism for his alleged anti-green agenda, including from those within his own party. 

Former US Vice President Al Gore described the changes as “shocking and disappointing” and “not what the world needs from the United Kingdom.” Britain’s weakening of climate policies comes at a time when extreme weather events are becoming more frequent across the world, including the UK, as a result of global heating. Only through the swift rollout of a variety of renewables can we avert even greater disaster, urge scientists.   

Even world’s biggest offshore wind farm can’t mask UK’s green energy failures Read More »