Dublin University Utilizes Data Center Waste Heat for Heating
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: CNBC
- Waste Heat Innovation: Since 2023, the Tallaght campus of TU Dublin has utilized waste heat from a nearby AWS data center, projected to reduce carbon dioxide emissions by 704 metric tons in 2024, significantly advancing the campus's decarbonization goals.
- Enhanced Social Impact: The International Energy Agency notes that providing waste heat to district heating networks enhances the social license of data centers, transforming their negative perception despite potential economic inefficiencies.
- Technological Advancement: Nexalus has patented liquid cooling technology that raises waste heat temperatures from data centers to 55-60 degrees Celsius, making it suitable for direct district heating and promoting efficient heat reuse.
- Future Development Potential: By 2035, waste heat from data centers could supply heating for 3.5 million homes, supporting the UK’s goal of meeting 20% of national heating demand, highlighting the vast potential of waste heat utilization.
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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: 336.010
Low
279.00
Averages
338.25
High
390.00
Current: 336.010
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.
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