Report published June 9, 2026
GS Utilities Daily: EU Renewables Aid and the Datacenter Power Super Cycle
Goldman Sachs · June 9, 2026
This report highlights new renewable energy subsidies in Italy, utility-scale battery projects in Chile, and the ongoing structural growth in power demand driven by European datacenters.
Read the remaining 4 pages
Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Key Takeaways
- 1.The European Commission has approved a €23 bn Italian state aid scheme for renewable electricity generation, targeting c.37 GW of capacity.
- 2.Acciona Energia is developing a 196 MW/980 MWh battery energy storage system (BESS) in Chile's Atacama Desert.
- 3.European datacenter power demand is showing strong growth, with connection requests reaching 280 GW, a 65% increase over nine months.
Table of Contents
- Research you can't miss from past two weeks
- EU approves Italy's €23 bn renewables aid scheme
- Acciona Energia to build c.980 MWh BESS in Chile
- UK: Crown Estate to retender 1.5 GW Morgan lease
- German Offshore Wind Association supports exemption from dynamic grid fees
- German companies against introduction of green gas quota in new heating law
- Other news
- Events to watch this week
- Research you need to read
Report data
Rating Distribution
| Metric | Estimate | Context |
|---|---|---|
| European Datacenter pipeline | 280 GW | Increase over the past nine months |
Reports in this series
GS Utilities Daily is shown in chronological order through this edition, published on June 9, 2026.
Part of the GS Utilities Daily series — view all 33 editions
Looking for the latest edition? GS Utilities Daily Orsted Downgrading to Neutral Orsted to take full ownership of Gunfleet Sands 1 & 2 Offshore Wind far... (Oct 13, 2026)
- May 24GS Utilities Daily Bids submitted for 1.8 GW Danish Offshore tender Datacenter development straining US Grid
- Jun 4GS Utilities Daily National Grid submits £4.5bn proposal for Transmission Re-Openers Centrica Energy agrees 10-year LNG s...
- Jun 5GS Utilities Daily EU calls on Germany to accelerate grid digitalisation JERA Nex bp in talks over future of 4 GW of Germ...
- Jun 8GS Utilities Daily RWE Heading towards vertical integration The Amprion opportunity Acciona Energia sells 64 MW Spanish...
Access the full report
And others from the leading tier 1 banks.
Free account: read previews and a daily allowance of full reports. Pro removes the daily limit.
Authors / Editors
Related Reports
AI Changes the Game: China Is Coming
October 15, 2026
Philippines: Expecting More BSP Tightening Despite Subdued Growth
October 15, 2026
Rio Tinto Ltd. 3Q26 Result: In-Line Result Supported by Strong Performance at Oyu Tolgoi
October 15, 2026
China Travel & Leisure: Expert Call Takeaways
October 14, 2026
HVAC Spotlight: Own Applied over Resi
October 14, 2026
