According to Kick's law, the power required for grinding is proportional to the logarithm of the ratio of the initial and final particle sizes:
\[
P_2 = P_1 \times \log \left( \frac{d_1}{d_2} \right)
\]
where:
- \( P_1 = 7.2 \, \text{kW} \) is the power at the first setting,
- \( d_1 = 0.336 \, \text{mm} \) and \( d_2 = 0.306 \, \text{mm} \) are the initial and final particle sizes,
- \( P_2 \) is the power at the second setting.
Substitute the values into the formula:
\[
P_2 = 7.2 \times \log \left( \frac{0.336}{0.306} \right)
\]
\[
P_2 = 7.2 \times \log(1.098) = 7.2 \times 0.0414 = 7.46 \, \text{kW}.
\]
Thus, the power requirement with the second setting is approximately \( \boxed{7.46} \, \text{kW} \) (rounded to two decimal places).