Europe’s data centers hub sees disappointing clean-power auction

Quick Summary:

Ireland's recent auction secured 2,071 gigawatt-hours of renewable energy projects, falling short of the government's target of 2,500 to 4,500 gigawatt-hours.

The successful projects will come online by 2030, when the nation plans to have 80% renewable electricity in its grid.

The latest auction, the fourth in a series, procured about 1,334 megawatts of onshore wind and solar capacity, about double the amount from the previous round.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaChinaFranceIreland

Topics: Microsoft corp. Data center Alphabet inc.s google Clean power auction Aurora energy research

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 10:04:24 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 591 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 22443464

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About Economic Times

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Official Website: economictimes.indiatimes.com

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