"The scramble for data center real estate involves securing land for massive facilities, proximity to supply chains, and crucial access to reliable power, which is in high demand."
"Data centers' energy consumption is projected to double between now and 2030, driven by the surge in artificial intelligence and the electricity demands of powerful chips."
"While the industry seeks new power sources, design and operational inefficiencies leave much of the power already wired into facilities unused, highlighting a significant utilization gap."
The expansion of data centers is driven by the increasing demand for artificial intelligence, which requires more electricity and cooling. This demand is projected to double by 2030. Despite the search for new power sources, significant inefficiencies in design and operations result in underutilization of existing power in data centers. Developers often overestimate peak compute demand, leading to excess capacity that is rarely needed. The complexity of data center components further complicates efficient power usage.
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