Data Center - Energy consumption breakdown
-IT systems: 51%
-Cooling: 37%
-Electrical Distribution: 12%

Cushman & Wakefield, in its 2024 Global Data Center market comparison, tracks 33.6 GW of operational data centre capacity currently. The firm is tracking another 44.6 GW in pipeline globally, bringing total capacity to 78.2 GW

Energy consumption for AI-powered searches is many multiples of Google Search.

'Whereas a typical Google search consumes ~0.3Wh of electricity, an AI-powered Google search consumes ~7 9Wh'

Agree here even though I was sounding alarm on slowing market and got attacked for it. Bears argued last year market would be <30% and then we hit 35%+ and then into this year the bogey was 20%. Eclipsing that yet all negative headlines.

LOOP: 'there continues seemingly to be a…

'Microsoft record-breaking announcement that it will purchase 10.5 gigawatts of clean power from Brookfield Renewable Partners — the largest such deal ever announced — cements the tech giant as the second-largest corporate buyer of clean energy worldwide... Microsoft now trails…

Very helpful - sharing for context

Landed 30 minutes ago and same thing. It’s 11:45pm, how are there no gates open or any communication?

Didn't realize the industry was this concentrated. What are the competitive advantages for a business like this and are these sustainable? Why can't more players enter the market?

Who says America can’t do big things?

Loan Programs Office (LPO) announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades to finance the restoration and resumption of service of an 800-MW electric nuclear generating station

#nuclear

Plant Vogtle Unit 4 begins commercial operation... and some context for that relative to annual US nuclear power capacity additions since 1960 EIA

from ALB deck:
-Global EV Demand Growth +20% YTD, China remains ->60% of global electric vehicle market, with continued strong demand
-Europe and North America up 10-20% Y/Y, despite weaker sentiment

The US has basically stopped building the transmission infrastructure needed to bring more generation online.

New policies passed this week should improve the permitting process. But, other factors like interest rates and high costs drive the slow down too.

U.S. sustainable investment funds, incl. ETFs, suffered their worst-ever exodus in Q1. They saw $8.8 billion in net outflows, per new data from Morningstar... Europe saw $10.9 billion in net inflows and home to the majority of the world's sustainable fund AUM (I'd guess 75%+)

Yesterday Elon Musk laid off the entire Tesla Supercharger team. He said Tesla plans to slow its EV charging development.

It's difficult to overstate the impact this will have on the EV charging market.

Last year, Tesla built ~56% of all fast-chargers in the U.S.

🧵

When you look at dynamic line rating, advanced power flow control, reconductoring and advanced transformers they are not at early stages from a technical standpoint – exactly the opposite. They are technically more mature, but deployment has been lagging in the U.S.

Time to get…

Microsoft to back $10bn in Brookfield renewable energy projects, helping fund 10.5GW of new wind and solar capacity in US and Europe from 2026-2030. Compare to 3x 3GW of data center energy use from in Virginia (largest hub), ~34 GW of ute-scale renewable additions last year, and…

Not sure we even considered the negative repercussions from things like this

'one of more than 40 million students who have been shut out of classrooms in recent weeks as heatwaves have forced school closures in parts of Asia and North Africa' reuters.com/business/envir…

Prevalence of PFAS in so many things and the impacts it will have on societal health will be a massive problem as the data continues to suggest adverse health outcomes.

For the first time, an association of PFAS exposure with mortality from cardiovascular disease was formally…