How much will electricity consumption from data centres grow from today’s 1% of the global total? 40-fold by 2030? Or a more manageable 5-fold? Or less? Sean Ratka and Francisco Boshell at IRENA try to answer this question by looking at the innovations being made by the tech industry to drive down power costs and emissions. The evidence is promising. Though data centre computing output jumped 6- fold between 2010 and 2018, their energy … [Read more...]
The value of PPAs during economic turmoil
IEEFA says that the global economic slump being caused by the coronavirus pandemic can show how Power Purchase Agreements (PPAs) protect you against uncertainty. PPAs are long term contracts and prices agreed with energy suppliers. Renewable energy PPAs are one of the best ways big customers in the private sector can support the transition, guaranteeing suppliers income over the long term. Particularly for electricity-intensive sectors, renewable … [Read more...]
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