Utilities Daily: Datacenters in the UK and Europe at a Turning Point

European utilities are entering a 'super-cycle' as datacenter demand and AI adoption drive a massive inflection in power consumption. Goldman Sachs estimates €3.5 trillion in investment needs through 2030, favoring electrification compounders like RWE and SSE.

Key Takeaways

• 1.The UK and European datacenter markets are at a turning point, with power demand set to surge; the UK alone could see a 25% consumption boost by 2031.
• 2.European electrification investment needs are estimated at €3.5 trillion by 2030, supporting high-single/low-double-digit earnings growth for utility 'compounders'.
• 3.Decarbonizing the European chemical industry requires integrated planning for cross-border hydrogen, CO2, and electricity networks.

Table of Contents

• Utilities and Clean Energy Conference:
• Powering Up Europe: Datacenters in the UK and Europe at a turning point
• Europe requires coordination to decarbonise chemical industry states report
• South Korean 1.8 GW offshore auction oversubscribed
• Other news
• Events to watch this week
• Research you need to read
• Powering Up Europe: AI, data centers and energy needs: at Europe's inflection (22 October 2025)

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