A report from the International Energy Agency (IEA) forecasts that almost one-third of electricity demand in Ireland is expected to come from data-centres by 2026.
Doubling Of Electricity Demand
The IEA’s ‘Electricity 2024 – Analysis and forecast to 2026’ highlights how having one of the lowest corporate tax rates in the EU (12.5 per cent) is a key reason why Ireland now has 82 data-centres. However, the fact that data-centres require enormous amounts of energy has meant that, even back in 2022, electricity demand from data-centres in Ireland represented a massive 17 per cent of the country’s total electricity consumption.
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