April 15, 2025The new European mechanism enables fund compatibility and breathes life into Spain’s hydrogen sector

Spain
The new European mechanism enables fund compatibility and breathes life into Spain’s hydrogen sector

Emilio Nieto, Director of the National Hydrogen Centre of Spain, underscores that the Clean Industrial Deal introduces compatibility between funding mechanisms and opens access to projects that previously failed to meet the necessary criteria, delivering a decisive boost to Spain’s industrial decarbonisation efforts. “If the Innovation Fund covers 40% of the project, and the Clean Industrial Deal provides another 40% of the remainder, the developer only needs to assume 20% of the total cost,” he explains.

April 14, 2025Data center energy consumption will double by 2030: more than 450 TWh of additional renewable energy will be required to sustain its growth

Europe
Data center energy consumption will double by 2030: more than 450 TWh of additional renewable energy will be required to sustain its growth

Driven by advances in artificial intelligence, data centers will reach a global electricity consumption of 945 TWh by 2030. According to the International Energy Agency, the sector will demand more than 450 TWh of additional renewable generation by 2035 to sustain this technological transformation without compromising the energy transition.