Alberta Emerges as Global Data Centre Hub for Tech Giants
Alberta, Canada, is emerging as a prime location for data centre expansion, attracting major tech giants like Microsoft and Amazon. The province's unique combination of resources and supportive policies is driving this growth.
Data centre service providers are drawn to Alberta due to its abundance of land, access to energy, and water resources. The province's supportive legislative framework and low corporate tax rates further sweeten the deal. Microsoft and Amazon have already established a presence here, taking advantage of these favourable conditions.
Alberta's plans to add 5,000MW to its grid capacity by 2030 will only enhance its appeal. This investment comes at a critical time, as data centres' electricity demand continues to rise. In 2024, they accounted for 1.5% of global electricity consumption, with an annual growth rate of 12% since 2017. High energy demands, particularly from AI-supported data centres, make Alberta's energy abundance a key attraction.
Oracle and Meta are currently negotiating a $20 billion cloud deal that is likely to involve data centres in Alberta, further cementing the province's status as a global data centre hub.
Alberta's unique combination of resources and supportive policies is driving significant interest from global tech giants. As data centre energy demands continue to grow, Alberta's investment in grid capacity ensures it remains a competitive location for these crucial facilities.
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