Could Data Centre Demand Spark A Climate Tech Rebound?

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Could Data Centre Demand Spark A Climate Tech Rebound? - Forbes

Quick Summary:

By way of comparison, one large hyperscale data centre can consume as much electricity as 100,000 average North American households, and some of the new AI “hyperscale” centres under construction will require 20 times more.

For the climate tech sector to rebound and leverage the parallel surge in sustainable data-centre and AI investment, governments should first promote broader R&D funding and tax incentives aimed at further improving the efficiency of AI-related computer chips (Chart 3).

Hyperscale data centres—those operated by major cloud and AI providers—have doubled their energy consumption in recent years, even as traditional data centres have become more efficient.