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Global data center power consumption to rise threefold by 2030, forecasts GlobalData

Global data center power consumption to rise threefold by 2030, forecasts GlobalData

Data centers are rapidly becoming mission-critical digital infrastructure, evolving from back-end IT sites into strategic platforms for cloud, connectivity, and data-driven services. Growth is being driven by cloud and hybrid adoption, surging data traffic, and demand for secure, resilient environments, boosting colocation and hyperscale builds while AI is supercharging expansion with high-density graphics processing unit (GPU) workloads. Against this backdrop, data center power consumption is

Global SMR capacity to surge nearly sixfold during 2025-30, forecasts GlobalData

Global SMR capacity to surge nearly sixfold during 2025-30, forecasts GlobalData

The global energy landscape is undergoing a transformative shift as small modular reactors (SMRs) emerge as a pivotal component in the transition towards sustainable and resilient energy systems. SMRs are set to play a significant role in enhancing energy security, reducing carbon emissions, and supporting the transition to a low-carbon economy across the globe. Against this backdrop, global SMR capacity is forecast to increase by roughly sixfold from 2025 to 2030, according to GlobalData

The ETS could cost Europe as much as €140 billion a year | New WEI report warns of a decline in EU competitiveness

The ETS could cost Europe as much as €140 billion a year | New WEI report warns of a decline in EU competitiveness

Rising energy prices, declining industrial competitiveness, and the risk of further deindustrialization in Europe—these are the main threats identified in the latest report by the Warsaw Enterprise Institute, titled “In Search of an Optimal Climate Policy.” The report’s authors argue that the current ETS system is placing an increasing burden on the European economy and could weaken the EU’s position vis-à-vis the United States and China.

The European Union's climate policy is increasingly