Kate invests in energy @Iwanowitsch .
In line with Kate's post and my purchase of $VST (-4,18 %) there is now a report from Focus Online.
AI stronghold instead of vacation region - Jorge Azcón, head of the regional government of Aragon, wants to make the region in north-eastern Spain the leading location for data centers. This could also be worthwhile for investors.
In 2024, numerous cloud providers such as Amazon , Microsoft and Blackrock announced plans to invest a total of 33.5 billion dollars in the construction of computer farms.
Management consultants McKinsey see this as confirmation. The experts estimate that demand for data centers in the USA alone could reach 80 gigawatts (GW) by 2030 and 35 GW in Europe.
Trillion-dollar market for system operators and their suppliers
A mega market for system operators and their suppliers. At a total cost of 50 million dollars per megawatt (MW), the market potential for AI data centers could total 2.5 to three trillion dollars, writes Guillaume Chieusse, portfolio manager for European equities at Oddo BHF AM.
The story: Data centers form the infrastructure and thus the basis for the boom. The server farms run training units to teach AI. With the knowledge acquired, the technology recognizes patterns in large amounts of data in order to create more accurate weather forecasts, warn of natural disasters or develop new medicines, for example.
As the training is to a certain extent independent of the transmission speed of the data, AI data centers can go into operation in regions such as Aragon, where land and electricity are still abundantly available.
Experts warn of imminent energy shortages
Still. Because energy consumption in the world is rising rapidly. Experts are warning of shortages. The hunger for electricity in data centers alone has recently grown by an average of 17 percent per year. McKinsey forecasts annual growth of 13 percent in Europe.
On a positive note: "The boom in data centers is also a growth driver for various sectors," writes fund expert Chieusse. For example, a lot of energy is needed to cool the systems. This means that the more efficient the cooling technology, the greater the energy savings. With a growth rate of 46 percent, liquid cooling, which is significantly more efficient than air cooling, is beginning to establish itself.
"It is expected that investment expenditure in the area of cooling will increase by an average of around 18% per year until 2028," says Chieusse.
Alphabet, Amazon, Equinix and Vertiv are heavily involved.
$GOOG (+1,82 %)
$AMZN (+1,53 %)
$EQIX (-0,6 %)
$VRT (+2,2 %)
$MOD (-0,58 %)
