The US Green Data Center Market Worth $24.20 Billion by 2028 - Exclusive Market Research by Arizton Advisory & Intelligence

CHICAGO, Feb. 21, 2023 /PRNewswire/ -- According to Arizton's latest research report, the US green data center market is expected to grow at a CAGR of 9.82% during 2022-2028. Hyperscale companies such as Facebook (Meta), Google, AWS, Microsoft, and colocation companies such as Equinix, Digital Realty, Compass Datacenters, and DataBank are working to make their data centers sustainable. There is rising pressure on governments from environmentalists and the public to approach green sustainability. The advantages of green data centers are decreasing space requirements, lowering carbon emissions, lowering long-term operating costs, and reducing water use and waste output. Companies are increasingly signing PPA with renewable energy providers. Moreover, investments are being made in technology to track carbon emissions, improve efficiency, and improve the water use of facilities. Companies such as nZero and Foster Fuel are also making advances in offering innovation in the fuels, and carbon tracking helps data center providers move toward sustainability.

U.S. Green Data Center Market Report Scope

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Geographical Analysis

• Site-Selection for facilities across the U.S. will depend mostly on access to renewable energy.
• THE south-Eastern U.S. market will remain a hotspot of data center development soon, with more companies flocking to the region.
• Due to the lack of land and renewable energy availability in the Nort-East U.S., it will be the least preferred region for companies to set up the data center.
• The U.S. green data center market will witness increased interest from real estate and private equity firms entering the market by establishing a data center business unit or through joint ventures with operators to invest in hyperscale projects.

Renewable Energy Initiatives by Hyperscale & Cloud Operators

In November 2022, Google signed a 942 MW PPA on Texas's solar power projects under development. Google aims to be carbon-free by 2030. In May 2021, Google signed an agreement with AES to procure 500 MW of renewable energy to decarbonize its operations. AES's renewable energy project will combine wind, solar, hydro, and battery storage sources in its Northern Virginia data centers.

In May 2022, AWS signed a PPA with AES Corp. for 450MW of solar power. Amazon will use it for California operations, including its data centers. In October 2022, American Rock Products partnership with AWS to reduce the carbon footprint of a new data center in Oregon. AWS announced two new solar energy projects in Ohio, with a power capacity of 200 MW and 80 MW, respectively, to power its data centers in the state.

Mechanical Infrastructure – The U.S. to Witness an Increase in Advanced Cooling Technologies

• Increased deployment of artificial intelligence and machine learning workloads will increase liquid immersion and direct-to-chip cooling in the U.S. It will help companies bring down their PUW to 1.4 or below.
• The U.S. food company Cargill announced plant-based immersion cooling for its facilities.
• Facebook (Meta) has planned to shift all its existing facilities to liquid cooling.
• Companies have also adopted free cooling, zero-water cooling, and others to reduce their environmental footprint.
• Cologix replaced condensing units in its New Jersey facility with air-cooling units supplied by Carrier.
• T5 Data Centers deploy air-cooled chillers on all its facilities.
• QTS Realty Trust uses in-house developed zero-water cooling in all its new facilities.
• Innovative cooling techniques, such as underwater data centers and free chillers-based cooling technologies, bring in more efficiency in data center cooling.
• In September 2022, The Backblaze signed 1MW of a facility at Nautilus's floating data center in Stockton, California.
• Apple uses water-cooling based on plants in Reno, Nevada, and Maiden, North Carolina, facilities.

Key Vendors

• Aligned
• Amazon Web Services (AWS)
• Apple
• Cologix
• Compass Datacenters
• CoreSite (American Tower)
• CyrusOne
• Cyxtera Technologies
• DataBank
• DartPoints
• Digital Realty
• EdgeConneX
• Equinix
• Facebook (Meta)
• Flexential
• Google
• H5 Data Centers
• IBM
• Iron Mountain
• Microsoft
• Nautilus Data Technologies
• Novva Data Centers
• Oracle
• Prime Data Centers
• Sabey Data Centers
• Serverfarm
• STACK Infrastructure
• Stream Data Centers
• Switch
• T5 Data Centers
• TierPoint
• Vantage Data Centers
• Algonquin Power & Utilities Corp.
• Apex Clean Energy
• Avangrid Renewables
• DE Shaw Renewable Investments
• Dominion Energy
• EDF Renewables
• Enel Group
• Engie
• First Solar
• Leeward Renewable Energy
• Invenergy LLC
• Lightsource bp
• NextEra Energy
• Pattern Energy
• Rocky Mountain Power
• Shell
• Solar Alliance Energy Inc.
• The AES Corporation
• Torch Clean Energy
• TotalEnergies
• Vitol Energy
• Market Segmentation

Infrastructure

• Electrical Infrastructure
• Mechanical Infrastructure
• General Construction

Geography

• United States
• South-Eastern U.S.
• Mid-Western U.S.
• South-Western U.S.
• Western U.S.
• North-Eastern U.S.

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Green Data Center Market - Global Outlook & Forecast 2022-2027: The global green data center market size is expected to reach USD 35.18 billion by 2027. Renewable energy initiatives by hyperscale and cloud operators, growing cloud services adoption, automation & intelligent monitoring solutions are some key factors driving the green data center market growth. Also, the increased interest shown by governments and operators to curb power consumption and carbon emissions will fuel the development of the global market.

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Table of Content

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.4 MARKET SEGMENTS

4.4.1 MARKET SEGMENTATION BY INFRASTRUCTURE

4.4.2 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 PREMIUM INSIGHTS

6.1 REPORT OVERVIEW

6.1.1 KEY HIGHLIGHTS

6.1.2 KEY TRENDS IMPACTING THE US GREEN DATA CENTER MARKET

6.1.3 GEOGRAPHICAL ANALYSIS

6.1.4 SEGMENTAL ANALYSIS

6.1.5 KEY MARKET PARTICIPANTS

7 MARKET AT A GLANCE

8 INTRODUCTION

8.1 OVERVIEW

8.1.1 GREEN DATA CENTER METRICS

8.2 POWER USAGE EFFECTIVENESS (PUE)

8.3 POLICY DRIVERS

8.3.1 THE IMASONS CLIMATE ACCORD (ICA)

8.3.2 RE100

8.3.3 ENERGY CERTIFICATIONS

8.3.4 GREENHOUSE GAS PROTOCOL, PARIS AGREEMENT, AND THE SCIENCE BASED TARGETS INITIATIVE (SBTI)

8.4 MOVING TOWARD GREEN ENVIRONMENT AND ENERGY

8.5 RENEWABLE & GREEN ENERGY ADOPTION AMONG DATA CENTER OPERATORS

8.5.1 HYPERSCALE OPERATORS STACKING UP ON RENEWABLE ENERGY PPAS

8.5.2 RENEWABLE ENERGY ADOPTION BY COLOCATION SERVICE PROVIDERS

9 MARKET OPPORTUNITIES & TRENDS

9.1 ADOPTION OF ADVANCED UPS BATTERIES

9.1.1 LITHIUM-ION BATTERY

9.1.2 LIQUID METAL BATTERY

9.1.3 SODIUM-ION BATTERIES

9.1.4 NICKEL ZINC BATTERIES

9.2 ADOPTION OF ADVANCED FUEL SOURCES

9.2.1 FUEL CELLS

9.2.2 HYDROGEN VEGETABLE OIL

9.2.3 NATURAL GAS GENERATORS

9.2.4 NUCLEAR ENERGY GENERATION

9.2.5 OTHER INNOVATIONS

9.3 ADOPTION OF ADVANCED COOLING TECHNOLOGIES

9.3.1 FREE COOLING

9.3.2 LIQUID IMMERSION COOLING

9.3.3 UNDERWATER DATA CENTERS

9.3.4 FLOATING DATA CENTERS

9.3.5 OTHER INNOVATION

9.4 INNOVATION IN DATA CENTER CONSTRUCTION

9.4.1 GREEN CONCRETE

9.4.2 MODULAR DATA CENTER

9.4.3 OTHER INNOVATION

9.5 INNOVATION IN POWER UTILITIES

9.5.1 MICROGRID

9.5.2 SMART GRID

9.6 AI, METAVERSE, HPC, & CLOUD COMPUTING INCREASING LIQUID COOLING REQUIREMENTS

10 MARKET GROWTH ENABLERS

10.1 RENEWABLE ENERGY INITIATIVES BY HYPERSCALE & CLOUD OPERATORS

10.2 RENEWABLE ENERGY INITIATIVES BY COLOCATION & ENTERPRISE OPERATORS

10.2.1 INITIATIVES BY COLOCATION DATA CENTER OPERATORS

10.2.2 INITIATIVES BY ENTERPRISE DATA CENTER OPERATORS/CUSTOMERS

10.3 ADOPTION OF AI AND OTHER TECHNOLOGIES IN DATA CENTER CONSTRUCTION

10.4 GOVERNMENT PUSH FOR GREEN DATA CENTER DEVELOPMENT

10.4.1 FEDERAL GOVERNMENT REGULATIONS

10.4.2 STATE GOVERNMENT REGULATION

11 MARKET RESTRAINTS

11.1 RISING CARBON EMISSIONS FROM DATA CENTERS

11.2 WATER CONSUMPTION BY DATA CENTERS

11.3 DISTURBING WEATHER PATTERNS ACROSS US

11.4 SITE SELECTION AND DEVELOPMENT CONSTRAINTS

11.4.1 LACK OF SPACE

11.4.2 POWER CONSTRAINT

11.4.3 DATA CENTER ACTIVISM

11.5 OTHER CHALLENGES

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 INVESTMENT MARKET SIZE & FORECAST

12.3 POWER CAPACITY: MARKET SIZE & FORECAST

12.4 FIVE FORCES ANALYSIS

12.4.1 THREAT OF NEW ENTRANTS

12.4.2 BARGAINING POWER OF SUPPLIERS

12.4.3 BARGAINING POWER OF BUYERS

12.4.4 THREAT OF SUBSTITUTES

12.4.5 COMPETITIVE RIVALRY

13 INFRASTRUCTURE

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.3 ELECTRICAL INFRASTRUCTURE

13.3.1 MARKET OVERVIEW

13.3.2 MARKET SIZE & FORECAST

13.4 MECHANICAL INFRASTRUCTURE

13.4.1 MARKET OVERVIEW

13.4.2 MARKET SIZE & FORECAST

13.5 GENERAL CONSTRUCTION

13.5.1 MARKET OVERVIEW

13.5.2 MARKET SIZE & FORECAST

14 GEOGRAPHY

14.1 INVESTMENT: MARKET SNAPSHOT & GROWTH ENGINE

14.2 POWER CAPACITY: MARKET SNAPSHOT & GROWTH ENGINE

14.3 SOUTH-EASTERN US

14.3.1 MARKET SNAPSHOT & GROWTH ENGINE

14.3.2 MARKET OVERVIEW

14.3.3 INVESTMENTS: MARKET SIZE & FORECAST

14.3.4 POWER CAPACITY: MARKET SIZE & FORECAST

14.4 MID-WESTERN US

14.4.1 MARKET SNAPSHOT AND GROWTH ENGINE

14.4.2 MARKET OVERVIEW

14.4.3 INVESTMENT: MARKET SIZE & FORECAST

14.4.4 POWER CAPACITY: MARKET SIZE & FORECAST

14.5 SOUTH-WESTERN US

14.5.1 MARKET SNAPSHOT AND GROWTH ENGINE

14.5.2 MARKET OVERVIEW

14.5.3 INVESTMENT: MARKET SIZE & FORECAST

14.5.4 POWER CAPACITY: MARKET SIZE & FORECAST

14.6 WESTERN US

14.6.1 MARKET SNAPSHOT AND GROWTH ENGINE

14.6.2 MARKET OVERVIEW

14.6.3 INVESTMENT: MARKET SIZE & FORECAST

14.6.4 POWER CAPACITY: MARKET SIZE & FORECAST

14.7 NORTH-EASTERN US

14.7.1 MARKET SNAPSHOT AND GROWTH ENGINE

14.7.2 MARKET OVERVIEW

14.7.3 INVESTMENT: MARKET SIZE & FORECAST

14.7.4 POWER CAPACITY: MARKET SIZE & FORECAST

15 COMPETITIVE LANDSCAPE

15.1 COMPETITION OVERVIEW

15.2 RENEWABLE ENERGY PROVIDERS

16 KEY VENDORS

16.1 ALIGNED

16.1.1 BUSINESS OVERVIEW

16.1.2 SERVICE OFFERINGS

16.1.3 SUSTAINABILITY

16.2 AMAZON WEB SERVICES (AWS)

16.3 APPLE

16.4 COLOGIX

16.5 COMPASS DATACENTERS

16.6 CORESITE (AMERICAN TOWER)

16.7 CYRUSONE

16.8 CYXTERA TECHNOLOGIES

16.9 DATABANK

16.10 DARTPOINTS

16.11 DIGITAL REALTY

16.12 EDGECONNEX (EQT INFRASTRUCTURE)

16.13 EQUINIX

16.14 FACEBOOK (META)

16.15 FLEXENTIAL

16.16 GOOGLE

16.17 H5 DATA CENTERS

16.18 IBM

16.19 IRON MOUNTAIN

16.20 MICROSOFT

16.21 NAUTILUS DATA TECHNOLOGIES

16.22 NOVVA DATA CENTERS

16.23 ORACLE

16.24 PRIME DATA CENTERS

16.25 SABEY DATA CENTERS

16.26 SERVERFARM

16.26.1 BUSINESS OVERVIEW

16.26.2 SERVICE OFFERING

16.26.3 SUSTAINABILITY

16.27 STACK INFRASTRUCTURE

16.28 STREAM DATA CENTERS

16.29 SWITCH

16.3 T5 DATA CENTERS

16.31 TIERPOINT

16.32 VANTAGE DATA CENTERS

17 POWER VENDORS

17.1 ALGONQUIN POWER & UTILITIES CORP.

17.1.1 BUSINESS OVERVIEW

17.1.2 SERVICE OFFERINGS

17.2 APEX CLEAN ENERGY

17.3 AVANGRID RENEWABLES

17.4 DE SHAW RENEWABLE INVESTMENTS

17.5 DOMINION ENERGY

17.6 EDF RENEWABLES

17.7 ENEL GROUP

17.8 ENGIE

17.9 FIRST SOLAR

17.10 LEEWARD RENEWABLE ENERGY

17.11 INVENERGY LLC

17.12 LIGHTSOURCE BP

17.13 NEXTERA ENERGY

17.14 PATTERN ENERGY

17.15 ROCKY MOUNTAIN POWER

17.16 SHELL

17.17 SOLAR ALLIANCE ENERGY

17.18 THE AES CORPORATION

17.19 TORCH CLEAN ENERGY

17.2 TOTALENERGIES

17.21 VITOL ENERGY

18 REPORT SUMMARY

18.1 KEY TAKEAWAYS

19 QUANTITATIVE SUMMARY

19.1 US GREEN DATA CENTER MARKET

19.1.1 INVESTMENT: MARKET SIZE & FORECAST

19.1.2 INFRASTRUCTURE: MARKET SIZE & FORECASTS

19.2 MARKET BY GEOGRAPHY

19.2.1 INVESTMENT: MARKET SIZE & FORECAST

19.2.2 POWER CAPACITY: MARKET SIZE & FORECAST

19.4 US

19.4.1 OVERALL MARKET

20 APPENDIX

20.1 ABBREVIATIONS

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