Energy Transition

Goldman Sachs sees AI boom as near-$1 trillion opportunity for renewable energy

In Europe alone, AI is expected to drive growth in power demand equivalent to current consumption of the Netherlands, Portugal and Greece combined, says finance giant

Microsoft recently entered a record-smashing deal to buy 10.5GW of green power to fuel its data centres.
Microsoft recently entered a record-smashing deal to buy 10.5GW of green power to fuel its data centres.Photo: Wikimedia Commons
Journalist
Published 20 May 2024, 12:59Updated 21 May 2024, 06:29
Goldman SachsUSNorth AmericaArtificial intelligenceData centres