King of Wall Street says European leaders ‘starting to focus on a growth agenda, not a control agenda’
Larry Fink, the head of the world’s biggest asset manager, talks tariffs, pensions and the ‘assets that will define the future’
Larry Fink, the head of the world’s biggest asset manager, talks tariffs, pensions and the ‘assets that will define the future’
Renewable supplies won’t be enough to power surge in data centre consumption
Industry warns that power market not designed for back-up generators
Ireland has a long history of courageous climate and environmental activism which includes protests against LNG and fracking, the Corrib gas pipeline, tree felling at the Glen of the Downs, Sitka spruce plantations and data centres
Providing IT infrastructure for the likes of Amazon and Meta is key for our economy, but environmental costs worry opponents
Project is in line with Government’s Climate Action Plan, An Bord Pleanála rules after objections from An Taisce and environmentalists
National grid operator predicts record demand as climate change measures kick in
We are hospitable and irreverent, but also cynical and parochial. When things get difficult, who do we want to be?
Ireland risks being left behind in the digital age by our negative view of data centres, says Garry Connolly, director of industry lobby group Digital Infrastructure Ireland
Company, which diversified from oil and gas, expects expanded headcount to help drive revenues up from €50m to €75m
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Dáil told 50% of energy produced in Dublin and Meath goes to data centres
Electricity consumption by installations has long been a problem
To shut door on data centres would send signal Ireland does not want to be part of ‘most profound economic revolution’, Micheál Martin says
The best news, analysis and comment from The Irish Times business desk
Energy industry regulators to publish decision on Tuesday
Department of Enterprise, Tourism and Employment officials worried that high energy costs could make Ireland less attractive for business
State is projected to miss emissions targets by 2030, risking €20bn fine despite solid progress on renewables and reducing carbon
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Absence of climate ambition, continuity rather than scaled-up targets and vague language stand out
Cloud providers are interested in the potential of miniature nuclear reactors but they come with risks as well as potential
Group continues expansion of activities in pharmaceutical and data centre sectors in UK and mainland Europe
Deal will help boost revenue while strengthening Irish group’s presence in Britain
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At a time of climate crisis, the new Government has a choice to make between carbon budgets and economic growth at all costs
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Ireland has achieved a leading position in the data centre sector that could grow exponentially if AI-related demand is sustained
‘Data centres no longer need to be concentrated around Dublin’ but should be closer to sources of renewable energy, especially offshore wind
The European Commission confirmed last month it was investigating possible collusion between data centre providers
Competition authorities investigating ‘no poach’ deals and alleged breaches on competition law on construction projects
Ireland’s ability to reach its legally binding CO2 reduction targets by 2030 would be fatally undermined by the continued growth of data centres
Emissions by commercial services sector including data centres up 6.9 per cent in 2023
Company seeks planning permission for three-storey facility
Friends of the Earth calls for ‘moratorium on new data centres and expansion of existing ones until robust legislative framework is in place’
Commission investigating possible competition law breaches
Electrification is the bridge between Ireland’s renewable energy potential and its climate commitments
Capitalism is driving the destruction of our planet. We have to think outside – and against – the framework of our current political system
Consultants argue data centres could soak up excess power generation from renewables that could reach 55% above demand
International Energy Agency expects data centres to consume 32% of total electricity in Ireland by 2026
In the US, data centres will be powered by small modular nuclear reactors to help cope with demands of AI. What is the plan for Ireland?
Decline driven by the higher costs of sales
Contractor involved in building data centres sees profit after tax jump by 81% to €70.8m
Eurostat figures show State is second only to Germany in high price of electricity
Thinking in a Climate Emergency: Artificial Intelligence provides immense opportunity for Ireland, if we can address its voracious requirement for power
Former Irish chief returns in new EMEA role, welcoming regulation on new tech but warning of need for data centres
Inside Business podcast with Ciarán Hancock
Ireland does have an abundance of alternative energy sources, particularly wind, but tapping them requires planning and investment
Microsoft, Google and Amazon are all eyeing nuclear power to supply their data centres with low-carbon energy
Data centres will be a cornerstone of advanced economies, but they can also be a catalyst for reducing carbon emissions
More information sought on scheme
Pilot project is part of a showcase of technology’s capability
Minister for Enterprise warns data centres ‘very important’ to Ireland
Tech firm says it secured grid connection from EirGrid in 2021 despite South Dublin County Council’s concern over insufficient network capacity and onsite renewable energy
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Inquests into the nightclub fire that led to the deaths of 48 people
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