S&P Study: U.S. Data Centers Dominate Global Clean Energy Use

📅 November 12, 2024 - Data centers in the United States have rapidly embraced clean energy, accounting for nearly 50% of corporate renewable energy procurements domestically. By contrast, data centers in Europe represent just 20% of corporate clean energy contracts, according to a recent report from S&P Global Commodity Insights.

This disparity highlights the difference in regional clean energy strategies amid rising global energy demands from data centers, whose rapid growth is transforming power markets and sustainability initiatives.

S&Ps report reveals that by the third quarter of 2024, data centers in the U.S. had secured approximately 50 gigawatts (GW) of clean energy through power purchase agreements [...][... Check source for end of article ...]

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