The world is running out of power. Not in the apocalyptic sense, but for one of the most vital sectors underpinning the digital economy — data centres.
As artificial intelligence (AI) adoption accelerates, data centres face unprecedented power constraints that threaten to impede growth. Data centre capacity in the United States doubled between 2020 and 2024, and the surge shows no sign of slowing down. AI models are driving a quantum leap in power consumption. Before generative AI, computational demands grew eightfold every two years. Now, they are projected to grow 256 times faster.
Jensen Huang, CEO of Nvidia, forecasts AI spending to grow by more than 300 percent by 2028. Gartner forecasts that by 2027, 40 percent of AI data centres will be operationally constrained by power availability, compelling developers to explore alternative locations beyond primary markets.
In Europe, the situation is equally dire. Frankfurt, London, Amsterdam, Paris and Dublin (th
