Magma Power is Inevitable. It's not a question of if magma power will power the Earth – but when. NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Magma Power LLC, a global developer and licensor of Magma PowerTM technology, proudly announces that is has been granted its 14 th U.S. Patent on its revolutionary magma power technology. "We are in preliminary discussions to use Magma PowerTM technology to build the world's largest AI data center powered entirely by renewable energy," says Richard McDonald , Chief Strategy Officer of Magma Power, LLC. Magma Power, LLC says the AI data center, to be developed by Magma Power's global consortium partners, would consume 10 gigawatts of power directly sourced from magma reservoirs. The total investment is expected to be over $20 billion . "The power demand from AI is insatiable and Magma PowerTM is the answer for renewable, baseload, and virtually unlimited power," McDonald says. Goldman Sachs estimates that by 2030 data center power demand will be over 1,000 terra-watt hours (TWh). This equates to over 80 gigawatts of installed power. "Our magma-powered AI data center could meet over 10 percent of the global AI power demand by 2030," McDonald says, "all without emitting a single molecule of carbon or burning a single ounce of fossil fuels." "Wind, solar, and nuclear all have significant drawbacks when it comes to providing the low-cost baseload renewable power that Magma PowerTM provides," says McDonald. "Wind and solar do not provide the baseload power that is required to run a data center. And Magma power has none of the long-term environmental impacts of nuclear power," McDonald says. Magma Power, LLC's 14 th U.S. patent covers a proprietary system designed to safely and efficiently extract geothermal energy from magma reservoirs. This cutting-edge technology represents a significant leap forward in sustainable energy solutions, enabling the formation and maintenance of underground magma chambers for scalable energy production. With this patented system, Magma Power is uniquely positioned as the only company to redefine geothermal energy by unlocking the vast potential of magma reservoirs, making renewable energy more accessible and cost-effective worldwide. Magma Power's patented technology can be applied across a range of industries, offering transformative renewable energy solutions for: Baseload Grid Power: Power grids worldwide are increasingly struggling with the intermittent nature of wind and solar. Magma Power solves this problem with virtually unlimited basedload renewable power. AI Data Centers : As AI computing power demands soar, Magma Power's low-cost, constant energy supply is the ideal solution for powering data centers 24/7. Bitcoin Mining : Energy-intensive bitcoin mining operations will benefit from reliable, low-cost power, enabling sustainable and profitable mining at scale. Green Fuels : Magma Power enables the production of green hydrogen , ammonia , and kerosene , providing a carbon-neutral alternative for transportation and industrial sectors. Energy-Intensive Manufacturing including renewable energy solutions for steel, aluminum, chemical, and cement manufacturing. Patent Claims: A Comprehensive Solution Magma Power's 14 th U.S. patent includes 20 claims that form the foundation of Magma Power's proprietary technology: Statements from Magma Power Leadership Levi Conner , CEO of Magma Power, remarked: "This patent solidifies Magma Power's position as a global leader in renewable energy innovation. Our system represents a transformative leap in geothermal energy, unlocking the potential of magma reservoirs to provide clean, sustainable, and affordable power worldwide". KC Conner , the inventor behind this groundbreaking technology, shared: "This technology reflects years of dedicated research and engineering. By forming hardened magma chambers, we've created a reliable and scalable solution for renewable energy production. It's an honor to see this innovation take a step toward global implementation." Richard McDonald , Chief Strategy Officer, added: "With this patent, Magma Power is uniquely positioned to address the global demand for sustainable energy. This technology enables us to pursue projects worldwide, delivering cutting-edge solutions to regions seeking reliable and cost-effective renewable power." Impact and Global Vision Magma Power's patented system is designed to produce baseload power, offering stable and reliable energy at costs up to 50% lower than market rates. Its adaptability supports applications such as powering AI data centers and other energy-intensive facilities. The company is actively pursuing projects worldwide, leveraging its patented technology to make renewable energy more accessible and sustainable. About Magma Power LLC: Magma Power LLC, (visit MagmaPower.com) with headquarters in Tampa, Florida , with additional offices in New York City and Houston , is a pioneering energy technology company dedicated to developing cutting-edge solutions for harnessing renewable energy. Magma Power, LLC has secured fourteen worldwide patents covering all aspects of the production of green energy, energy-intensive manufacturing, green fuels, and other products using Magma PowerTM. Magma Power LLC has also filed an additional forty-six global patents covering all aspects of magma power production, with over 1,000 patent claims pending related to this revolutionary new green energy source. Magma power is a virtually unlimited source of green, renewable, baseload energy that U.S. government researchers in the 1970s, including those at Sandia National Laboratories, concluded could meet the Earth's energy needs for the next several thousand years. The work of Magma Power LLC has taken the initial insights from the Sandia Labs test and developed them into robust, patent-protected technology ready for commercial deployment. Given the inability of wind and solar to provide stable baseload renewable power, there is no long-term alternative to magma power for renewable energy. Magma Power is Inevitable. It's not a question of if magma power will power the Earth – but when. Energy is civilization, and the next several thousand years of civilization will be driven by Magma PowerTM. For media inquiries, please contact: Richard McDonald Chief Strategy Officer [email protected] SOURCE Magma Power
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Govt ‘insulted’ ex-PM Singh by holding last rites at Nigambodh Ghat, not at dedicated place: Congress PTI Updated: December 28th, 2024, 21:30 IST in Home News , National 0 Pic- PTI Share on Facebook Share on Twitter Share on WhatsApp Share on Linkedin New Delhi: The Congress Saturday accused the Centre of insulting Manmohan Singh, the country’s first Sikh Prime Minister, by carrying out his last rites at the Nigambodh Ghat instead of a designated spot that could later become his memorial. The Opposition party had written to the Centre to identify a designated place for Singh’s last rites, where a memorial could be set up for him. Also Read Putin apologises to Azerbaijani leader for ‘tragic incident’ involving crashed Azerbaijani plane 3 hours ago Govt ‘insulted’ Manmohan Singh by performing his last rites at Nigambodh Ghat: Rahul Gandhi 5 hours ago As politics over the matter erupted, the Centre said a decision to set up a memorial has already been taken and a trust would be formed to identify the place soon. Leader of Opposition in the Lok Sabha Rahul Gandhi said the great son of Mother India and the first Prime Minister from the Sikh community has been “totally insulted” by the BJP-led Centre by performing his last rites at the Nigambodh Ghat Saturday. He said Singh was the Prime Minister for 10 years, the country became an economic superpower during his tenure and his policies are still the support system for the poor and backward classes. “Till date, respecting the dignity of all former Prime Ministers, their last rites were performed at authorised burial sites so that every person could have a last darshan and pay homage without any inconvenience. “Dr Manmohan Singh deserves our highest respect and a memorial. The government should have shown respect to this great son of the country and his proud community,” Gandhi said in a post in Hindi on X. Congress general secretary Priyanka Gandhi Vadra said by not providing an appropriate place for the former prime minister’s cremation, the Centre has not done justice to the dignity of the post, his personality, legacy and the self-respecting Sikh community. She said earlier, all former Prime Ministers were given the highest honour and respect. “Dr Manmohan Singhji deserves this honour and a Samadhi Sthal. Today, the whole world is remembering his contributions. The government should have thought beyond politics and narrow-mindedness in this matter,” she said in a post in Hindi on X. “This morning, I felt this when I saw Dr Manmohan Singhji’s family members struggling for a place at the funeral site, trying to find a place in the crowd, and the general public getting troubled due to the lack of space and paying tributes from the road outside,” Priyanka Gandhi added. Congress leader Shashi Tharoor also took to X to say that he attended Singh’s funeral at the Nigambodh Ghat. “It was difficult to see very much, beyond the backs of the heads of assorted dignitaries and close relatives of the departed soul, so it became more of an occasion to reflect on the life and legacy of the late great PM,” Tharoor said, adding that he found himself seated next to Navjot Singh Sidhu, who was a memorable companion during the proceedings. “We shared a great regard for the late Prime Minister and agreed that a fitting memorial must be established by the government for Dr MMS without delay,” he said, while sharing pictures of the funeral. Former Indian Youth Congress chief B V Srinivas said when former Prime Minister Atal Bihari Vajpayee passed away August 16, 2018, his funeral took place at the National Memorial, the designated place for the cremation of former Presidents, Vice-Presidents and Prime Ministers. He referred to Vajpayee’s memorial, “Sadbhav Atal”, which is spread over seven acres and “where memories related to Atalji are present”, and shared pictures of the memorial on X. “But during the tenure of the same Prime Minister, Narendra Modi, the last rites of former Prime Minister Manmohan Singh were performed at the public Nigambodh Ghat instead of the National Memorial. Because he was a Congress leader, not a BJP leader?” he asked in a post in Hindi on X. After the matter of a memorial for Singh took a political colour, the Centre clarified that a decision to build one was already conveyed to Congress president Mallikarjun Kharge by Union Home Minister Amit Shah after Friday’s Cabinet meeting. A government statement also said the funeral could be held as the process of setting up a trust and allotting land for the memorial could take a while. Kharge had written to Modi Friday seeking a memorial for Singh. Several sections of the society have also urged the government to confer Bharat Ratna, the highest civilian honour of the country, on the late economist-Prime Minister. PTI Tags: BJP Congress Manmohan Singh Share Tweet Send Share Suggest A Correction Enter your email to get our daily news in your inbox. Leave this field empty if you're human:
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