The growth of power-demanding artificial intelligence is reshaping the landscape of data centers in Europe, and Ireland, a central tech hub, may face setbacks. The Commission for Regulation of Utilities warned of risks like power shortages and increased consumer costs if demand continues to outpace infrastructure development. The McKinsey report suggests countries with ample carbon-free electricity and cooler climates could thrive.
The growth of power-demanding artificial intelligence is reshaping the landscape of data centers in Europe, and Ireland, a central tech hub, may face setbacks. The Commission for Regulation of Utilities warned of risks like power shortages and increased consumer costs if demand continues to outpace infrastructure development. The McKinsey report suggests countries with ample carbon-free electricity and cooler climates could thrive.