Diversity of power - the biggest data center energy stories of 2024

For power procurement in the data center sector, 2024 was a landmark year. Energy demand from data centers has continued to rise, leading operators and the utilities that supply them to adopt an “all of the above” approach to quench their energy needs.

As a result, alternative power sources are growing in popularity, with nuclear, geothermal, and tidal energy systems signing contracts with data centers. In addition, there has been a renewed interest in fossil fuels for power operations in the short term, as fears over renewable energy’s ability to effectively serve the power needs of data centers have led many to look toward natural gas as an alternative in the short term.