Data Centres Powering Up Utility Companies
Ahmad Maghfur Usman, Equity Analyst, Nomura Malaysia
04-Jul-24 09:15
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In 2022, roughly 460 Terawatt hours were consumed globally by data centers and that figure could double by 2026, equal to that of Japan’s entire electricity use. With utility companies standing to benefit significantly from datacenter electricity demand. Will Malaysian utility companies stand to benefit too? Ahmad Maghfur Usman, Equity Analyst at Nomura Malaysia gives us his perspective.
Image Credit: fanjianhua / freepik.com
Produced by: Wong Shou Ning
Presented by: Shazana Mokhtar, Wong Shou Ning
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Categories: economy, markets, investments
Tags: electricity demand, ytl power, malaysia data centre, westports, electricity generation power sector,