China’s Data Center Boom Could Double Power Demand by 2030
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China is on course to nearly double its data center capacity within five years, with 28 gigawatts (GW) of new projects expected to come online by 2030, adding to the 32 GW already installed as of the end of last year, according to new analysis from Rystad Energy. Based on currently announced projects, with additional capacity likely to follow, this expansion is expected to lift data center power consumption to 289 terawatt-hours (TWh) by 2030. That is more than double levels seen last year and would account for around 2.3% of China’s total…
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FinBERT analysis of financial text showing neutral sentiment with 94.1% confidence.
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