The global trend indicates an exponential increase in energy demand for data centers, which is expected to double by 2026, according to the International Energy Agency (IEA).
Schneider Electric has partnered with Digital Realty to deliver an innovative circular economy initiative at its PAR6 data center in Paris.
Expert reports estimate 49% growth for emerging DataCenter markets in Europe, which includes Romania.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.
The project covers an area of 8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.
Energy and sustainability were pivotal topics of the event. Romania reaffirmed its ambition to achieve energy independence by 2030.