Over Half Of The Corporate Renewable Energy Market Dominated By Handful Of Big Tech
Amazon, Apple, Google, Meta and Microsoft account for roughly half of the contracted corporate renewable energy market globally according to a white paper published by Standard and Poors Global.
“As a result of the enormous energy demand from datacenters, along with commitments to be 100% renewable, these five companies alone account for over 45 GW of corporate renewable purchases worldwide”
That amount of contracted renewable energy is nearly five times the energy uses of the global hub of data centers which are clustered in Northern Virginia and consume around 9 gigawatts annually.
With the rapid introduction of machine learning data centers, often termed almost generically as artificial intelligence, and the at scale global roll out of battery powered industrial and large scale transportation infrastructure, we are keeping close track of expansions globally in energy generation for as electrons go, so often goes the digital world…
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