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Stock impact report

The Data Center Dilemma: Balancing Growth, Efficiency & Environmental Impact [Yahoo! Finance]

Cushman & Wakefield plc Ordinary Shares (CWK) 
Last cushman & wakefield plc ordinary shares earnings: 2/27 04:09 pm Check Earnings Report
Company Research Source: Yahoo! Finance
SANTA CLARA, Calif. April 23, 2024 /PRNewswire/ -- At the close of 2023, the global tally of data centers neared 11,000, with the United States Germany , the UK, and China leading the charge in locations. Recent insights from Cushman & Wakefield highlighted the largest data center markets, gauged by electricity capacity and consumption. The Northern Virginia data center market reigns as the world's largest, handling over one-third of global online traffic. In the past year alone, data centers devoured 7.4 Gigawatts of power, a 55% increase from the previous year. The emergence of disruptive technologies, particularly AI, has triggered an exponential surge in data traffic, propelling the demand for additional data centers and power. According to a recent report, International Energy Agency (IEA) expects to see "rapid pace" of growth for data center electricity consumption in the US over the next couple of years, rising from roughly 4% of US demand in 2022 to 6% by 2026. Growing in Show less Read more
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