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MSFT Microsoft Corporation

407.645
-1.70 (-0.41%)
Last Updated: 14:30:23
Delayed by 15 minutes
Share Name Share Symbol Market Type
Microsoft Corporation NASDAQ:MSFT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.70 -0.41% 407.645 407.54 407.72 408.25 407.385 408.25 488,088 14:30:23

Microsoft Buys Wind Energy for Data Centers in Netherlands

23/05/2019 1:09pm

Dow Jones News


Microsoft (NASDAQ:MSFT)
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By Dieter Holger

 

Microsoft Corp. (MSFT) has agreed to purchase wind power from Netherlands-based Eneco to supply clean energy to its data centers in Holland for 15 years starting in 2022.

The American tech giant will purchase 90 megawatts from energy group Eneco's 731.5-megawatt offshore wind project Borssele III/IV, it said Thursday. The deal is Microsoft's second purchase of wind energy in the Netherlands in a year and its 14th such agreement overall, bringing the company's green energy portfolio to above 1.5 gigawatts.

"Tech companies are facing the challenge to reduce their carbon footprints, mostly due to the vast energy consumption of their data centers," said Eneco's Hans Peters, chief customer officer at the privately-owned Dutch company.

Data centers consumed around 1% of the world's electricity in 2017, according to the International Energy Agency, and although IP traffic and workloads are expected to double, global data center energy demand is set to stay flat thanks to improved efficiency.

The tech industry has rapidly bought renewable power in response to the expected growth. In 2015, information technology companies accounted for more than half of renewable-power purchase agreements, according to the IEA.

"Our purchasing of renewable energy helps improve the sustainability of our operations and local grids," said Brian Janous, general manager for energy and sustainability at Microsoft.

 

Write to Dieter Holger at dieter.holger@dowjones.com; @dieterholger

 

(END) Dow Jones Newswires

May 23, 2019 07:54 ET (11:54 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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