Stability on the surface - Growth holds steady as the global economic order realigns
For much of the past year, the global economy has defied expectations. Interest rates remain elevated relative to the ultra-low er...
Unless the industry does a better job in bringing local authorities and communities on-side, headwinds will only be exacerbated, writes Michillay Brown, VP ESG at STACK EMEA.
Updated October 24, 2023 / Original October 24, 2023
VP ESG, STACK EMEA
7 Mins
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Europe is facing a capacity crunch in data center provision. Real estate firm, Savills, has identified a significant shortfall in the development pipeline for data centers needed to meet predicted demand: it estimates that the number of facilities will need to more than double by 2025. Much has been written about the scarcity of suitable land, the difficulties in securing power, and the ongoing skills shortage. But unless the industry does a better job in bringing local authorities and communities on-side, these headwinds will only be exacerbated.
VP ESG, STACK EMEA
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