Thursday, October 24, 2024

"Mckinsey: Europe's Data Center Power Demand To Triple By 2030"

Where will the electricity come from? Peat? Brown coal in Germany?

The Energiewende has been going on for twenty+ years and is nowhere near supplying the quantities needed.

Perhaps Poland will build a dozen nuclear power plants.

From OilPrice, October 24:

Europe's data center power consumption is expected to almost triple by 2030 and will require a surge in electricity—supply mostly from low-carbon sources coupled with grid infrastructure upgrades, McKinsey has reported. According to the global business management consultant, total IT load demand for data centers in the European Union, Norway, Switzerland and Britain will hit 35 gigawatts (GW) by 2030, up from 10 GW today.

Europe's data centers are expected to account for ~5% of the continent's total consumption over the next six years compared to around 2% today. McKinsey estimates that Europe will require $250-300 billion in data center infrastructure investment, excluding power generation capacity.

"Meeting (the rise in electricity) demand will require an extensive increase in electricity supply; a notable shift for Europe, where aggregate power demand has remained relatively stagnant since 2007," the McKinsey report said....

....MUCH MORE

If they don't have the electricity they won't have AI. That may or may not mean the entire continent becomes a backwater.