Denham Capital’s DeAngelis says data center operators now chase power supply
XLU•Denham Capital’s Justin DeAngelis said data center operators are now chasing power, renewables alone cannot meet their needs, and development approaches differ between the U.S. and Europe.
1. Power supply shift
DeAngelis said data center operators are now chasing power, reversing the prior dynamic of developers pursuing power-purchase agreements. He said renewables alone cannot meet data center power needs and highlighted differences between U.S. and European approaches to power development.
