Data Centers' Excess Heat: A New Energy Opportunity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Newsfilter
- Heat Utilization: Amazon Web Services' data center in Dublin meets 92% of a tech campus's heating demand, showcasing the potential of repurposing excess heat from data centers for community energy and promoting sustainability.
- Technological Advances: With advancements in AI chip cooling technology, the waste heat temperature from data centers has risen to 55-60 degrees Celsius, making it more suitable for direct use in district heating and simplifying infrastructure development.
- Carbon Reduction Impact: The project at Technical University Dublin abated approximately 704 metric tons of CO2 in 2024, despite increased energy demand from new buildings, demonstrating the environmental benefits of heat reuse.
- Policy Support: Ireland's easing of the moratorium on new data centers has unlocked the economic potential of AI technologies, and integrated planning with district heating networks is driving the adoption of renewable energy solutions.
Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GOOGL is 338.25 USD with a low forecast of 279.00 USD and a high forecast of 390.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
34 Analyst Rating
27 Buy
7 Hold
0 Sell
Strong Buy
Current: 327.930
Low
279.00
Averages
338.25
High
390.00
Current: 327.930
Low
279.00
Averages
338.25
High
390.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
