AI boom drives data centers to unexpected markets as power becomes top priority
- Data center supply in major markets surged 34% year-over-year in 2024, according to CBRE.
- The data center vacancy rate decreased to 1.9%, raising asking rates by 2.6% for certain power requirements, CBRE reported.
- Demand for data center space outpaced supply, with construction set to double, CBRE stated.
- Power availability is the main focus for developers in site selection and operations, CBRE noted.
21 Articles
21 Articles


Power for data centers could come at ‘staggering’ cost to consumers
Deer are seen outside of a Google data center in Council Bluffs, Iowa. (Google Data Centers)This story was originally published by Floodlight. The explosive growth of data centers around the country — driven in large part by the burgeoning use of artificial intelligence — could come at a “staggering” cost for average residents with skyrocketing electricity bills. A new report from Harvard’s Electricity Law Initiative says unless something chan…
Photonic chip - fast and energy efficient
Data centers are consuming more and more energy. A start-up from Stuttgart wants to remedy this situation and has developed a chip that expects light instead of electricity - and uses significantly less energy. By Frank Wittig.
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