A bit of mid-August power reading: below you will find some ever-green news from earlier this month. Experts tell us data that centre electricity demand it set to spark a surge in power purchase agreement (PPA) demand over coming months and years. Salvatore Alessandro Casa, of Italian consultancy elemens, energy lawyer Michele Cimino, Vito Palladino (south Italy area manager for Repower Repower) and experts from Goldman Sachs tell us at Montel that soaring power demand due to the anticipated expansion of data centres across Europe over the coming years is poised to significantly boost the region’s appetite for PPAs. As the digital transformation accelerates and cloud computing becomes ubiquitous, the energy needs of massive computing facilities for big tech companies, including Amazon, Microsoft, Apple and Google, will boost Europe’s overall power demand by as much as 50% in the next decade. For a deeper dive into this topic, check out the full Montel News story available in both English and Italian (written by myself Alina Trabattoni, and edited by Jeff Coelho and Laurence Walker - with the Italian version by Talal Salemi). And do share your thoughts 💡 in the comments section on how you think this data center boom will impact the future of energy. English version: https://lnkd.in/dc4VnQQa Italian version: https://lnkd.in/d476nviA #DataCenter #BigTech #RenewableEnergy #PPAs #PowerTrading #CFDs #Solar #WindEnergy #GreenInvestments #SolarPower #CleanTech #EnergyTrends #PowerGeneration #Trading #PowerMarkets #Hedging #PowerPurchaseAgreement #PowerPrices #TSO #Heatwave #renewableenergy #ppas #ppa #powertrading #cfds #solar #windenergy #greeninvestments #solarpower #cleantech #energytrends #powergeneration #trading #powermarkets #hedging #powerpurchaseagreement #powerprices #TSO #heatwave #GoldmanSachs #Amazon #Microsoft #Apple #Google
Amazing Alina Trabattoni
Very Insightful!
President at Gulf Stream Tanker Chartering LLC
2moGood points and a few very interesting aspects on future demands. This article also raises several more questions that will influence an investors mind. Size and demand pattern by this types of endusers. Are there correlations that would be symptomatic for data centers and say sunpower supply. I think we need an article 2 related to this!