Can quantum computing solve climate change? | H-FARM
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Sources:
Indicators of Global Climate Change 2022 – Earth System Science Data
Credibility gap in net-zero climate targets leaves world at high risk – Science
Quantum computing just might save the planet – McKinsey
Unlike classical computers that utilize bits, which can be either 0 or 1, quantum computers employ qbits, which can exist in multiple states simultaneously, to process larger information and solve complex problems faster.
The potential of quantum computing is immense. Some applications include
energy production & hydrogen
carbon capture, usage, and storage
battery efficiency and safety
optimization of electrical grid, traffic, supply chain
reshaping of industrial operations
better understanding of Earth's connections among atmosphere, oceans, land, and ice
What about challenges?
high costs
hardware and software development
training skilled workforce
computational complexity
integration with existing systems
What are some impactful applications developed by companies?
🧬 Cleveland Clinic, IBM Quantum, and Algorithmiq are working on creating a set of computational tools to assist in the development of photon-activated drugs for cancer prevention and treatment.
💧 Multiverse Computing, Oxford Quantum Circuits, and Moody’s Analytics are developing two-dimensional hydrodynamical models able to do calculations that are too complex for traditional techniques in order to improve flood prediction.
🔋 IBM and Daimler used a quantum computer to model the dipole moment of three lithium-containing molecules, which brings us one step closer the next-generation lithium sulfur batteries that would be more powerful, longer lasting and cheaper than today's widely used lithium ion batteries.
📊 Crédit Agricole CIB and European technology leaders in quantum computing, PASQAL and Multiverse Computing, conducted two successful experiments to evaluate the potential of quantum computers for the valuation of financial products and the assessment of credit risks.
☔ BASF joined forces with PASQAL, a full stack manufacturer of neutral atoms quantum processors, to explore how quantum algorithms could be used to predict weather patterns.
🚨 PayPal, supported by IBM, is looking for improving fraud detection, credit-risk operations, and overall security posture by using quantum computing to sweep through large data sets and discover patterns that can be indicative of fraudulent behavior or identifying credit-worthy individuals.
Majid Al Suwaidi
Director General of Cop28
Will there be a true quantum leap towards a sustainable future?