Around the world, individuals and corporations are working to reduce their carbon footprints. In Southeast Asia, Singapore and other ASEAN countries are no exception as well. More initiatives are being made to enable greener and sustainable data centres.
The International Energy Agency reports that data centres consume approximately 200 terawatt-hours (TWh) of electricity or nearly 1% of global electricity demand. This contributes to 0.3% of global carbon dioxide emissions.
At the same time, as data continues to grow exponentially and the need for faster and more powerful computing needs increases, these figures are expected to rise in the future as well, without proactive steps to reduce data centre energy consumption.
GSTechnologies (LON:GST) overall development of the group includes large customer accounts and growing their blockchain payment and financial services business, with blue sky opportunities in new Disruptive Technologies with synergy to their existing business.