Data centres’ soaring energy demands provide, in theory, a massive opportunity for the energy storage industry. According to the International Energy Agency, data centre electricity consumption is set to more than double to around 945 terawatt-hours by 2030. This roundtable discussion will explore the nature of the opportunities that exist for the battery storage sector while also examining the obstacles and risks for investors. It will examine the potential for joint ventures between data centre operators and battery storage providers, the potential red flags for investors, and also analyse how the relationship between the data centre industry and the energy storage sector will evolve in the short term.

In particular, this event will address the following:

1.     To what extent can battery storage help to address the needs of data centres in Europe?

2.     What barriers exist to data centres making more use of battery storage?

3.  What lessons could Europe potentially learn from the US market or vice versa?

4.     Does more need to be done to facilitate closer cooperation between the data centre industry and the battery storage sector? If so, what?

5.     What are the potential pitfalls for battery storage investors seeking to meet the energy demands of the global data centre industry?

6.     How will the relationship between data centres and the battery storage sector evolve in the coming 12-24 months?