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Stock impact report

China's internet data power usage to surge through 2023: study [Reuters]

SCHNEIDER ELEC UNSP/ADR (SBGSY) 
Company Research Source: Reuters
China's internet data power usage to surge through 2023: study - Reuters 3 Min Read SHANGHAI (Reuters) - China’s burgeoning internet data sector will increase its power consumption by two-thirds by 2023, putting further pressure on the country’s plans to curb smog and carbon emissions, according to a study published on Monday. China, the world’s biggest energy consumer and producer of climate-warming greenhouse gas, is in the middle of a program aimed at upgrading its economy, easing its dependence on old polluting sectors like steel, and cleaning up its mostly coal-fired energy system. Big data is set to play an increasing role in supplying cleaner electricity, especially in the creation of decentralized “smart grid” systems, but it is also becoming one of the biggest consumers of power in China and elsewhere. According to the study by environmental group Greenpeace and the North China Electric Power University, soaring power consumption from internet data centers is expected to resu Show less Read more
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