European datacenter boom threatens higher energy bills unless governments intervene
Moody's warns data centre energy consumption could inflate European power bills.
Rapid data centre expansion across Europe could drive up household power costs without state intervention, according to a forecast from Moody's. The ratings agency projects that server facilities could account for 17 per cent of total electricity demand in the Netherlands and 30 per cent in Ireland by 2035.
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This summary was written by the GPU Data Hub desk from reporting published by The Register on 13 Oct 2026, 10:30. Read the full article at the original publisher.
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