Reflections on the energy sector ahead of CERA Week

Increased need for engineering services related to industrial development – particularly related to data centers and substations/power infrastructure

The need for data centers has risen significantly in the last few years, driven by increased demand for high-speed streaming, the rise of remote work, and the dramatic market response to artificial intelligence (AI). This trend is particularly relevant for the US, which makes up more than 30% of the global data center market. In the last two years, the number of data hubs in the US has doubled (from 2,700 to 5,400), and the energy demands from these assets have increased by 30%. The demand for data centers globally is expected to double by 2030.

These increases in power demand and limitations of the local transmission infrastructure have caused concerns related to power shortages. With increased occurrences of power outages, data centers can anticipate relying on their backup power solutions more frequently and for a longer duration than originally planned.

Data center operators face a variety of challenges if the power shortage results in longer emergencies. In a worst-case scenario, where data centers rely heavily on self-generated power, operators may struggle to keep their facilities operational due to factors such as generator emissions, fuel logistics, and more.

Facing these challenges will require a partner who can manage the entire lifecycle of complex energy infrastructure projects. At Ramboll, we understand the science, the engineering, the regulatory framework, and strategy behind infrastructure projects. We can help at the offset with site selection and due diligence, work with clients on understanding environmental and climate impacts and complying with evolving regulations and permitting and provide the mission critical experience to ensure the facilities are efficient and resilient.

The ability to provide accelerated project development across the project lifecycle is going to be key as we navigate evolving policy, funding, and support

In times of change, developers will be looking for partners who can design an approach that is strategic, resilient, and adaptable. They will need support across the project lifecycle, a partner who can see the whole picture, identify the potential risks and proactively mitigate them. They will also need a partner who is quick on their feet and can adjust schedules, budgets, and plans to account for change.

Ramboll’s multidisciplinary expertise which draws on our deep knowledge of engineering, science, environmental impact, market analyses, and consulting, positions us to offer full lifecycle support across energy projects. We are at the forefront of our fields, employing world-class experts who can gather a team uniquely suited to each project and client.

There's a greater need to for market analysis and feasibility studies

Developers, investors, and stakeholders are understandably weary at the moment. There’s hesitation on projects, new technology, and the push towards renewables in general. Understanding the market, where there are stress points, and where there are opportunities is more important than ever. Decision-making needs to be approached holistically, taking into consideration environmental, economic, and societal impacts.

As a trusted advisor, Ramboll aims to elevate these business concerns. We leverage our multidisciplinary team of technical, financial, environmental, and strategy specialists create a strategy that accounts for change, specific business objectives, and external trends, while also mitigating impacts by the organization and to the organization.