Data Center Power Demand to Double; Insurers Urge Urgent Safety Measures for Enterprise Energy Storage

Key facts

  • Data Center Power Demand to Double; Insurers Urge Urgent Safety Measures for Enterprise Energy Storage
  • With global data center power consumption projected to more than double by 2030, Cathay Century Insurance warns that energy management and safety for enterprise energy storage systems are critical operational issues.
  • Source: PR Times
  • Date: May 25, 2026

Direct answer

With global data center power consumption projected to more than double by 2030, Cathay Century Insurance warns that energy management and safety for enterprise energy storage systems are critical operational issues.

Citation
Data Center Power Demand to Double; Insurers Urge Urgent Safety Measures for Enterprise Energy Storage (May 25, 2026), PR Times
Source
PR Times
Date
May 25, 2026
With global data center power consumption projected to more than double by 2030, Cathay Century Insurance warns that energy management and safety for enterprise energy storage systems are critical operational issues.
businessNQ 49/100出典：PR Times

📋 Article Processing Timeline

  • 📰 Published: May 25, 2026 at 14:26
  • 🔍 Collected: May 25, 2026 at 14:31 (5 min after Published)
  • 🤖 AI Analyzed: May 31, 2026 at 20:36 (150h 4m after Collected)
According to a Central News Agency report, the IEA projects that global data center electricity consumption will rise from approximately 415 TWh in 2024 to 945 TWh by 2030. Cathay Century Insurance stated that as enterprises actively deploy behind-the-meter energy storage, energy management and safety have become vital governance issues. The company held a seminar on May 22nd covering energy trends and safety management. In Taiwan, a hub for semiconductor manufacturing, stable power is critical. Improper design or maintenance of storage systems can lead to thermal runaway and fires, potentially causing losses of tens to hundreds of millions of NTD. Consequently, insurers are now incorporating safety management maturity into their underwriting decisions.

FAQ

Why is energy storage critical for Taiwan's semiconductor industry?

Due to high power density and the urgent need for stable supply, energy storage is essential for operational resilience.

What are the key facts in this article?

With global data center power consumption projected to more than double by 2030, Cathay Century Insurance warns that energy management and safety for enterprise energy storage systems are critical operational issues.

What is the direct answer?

With global data center power consumption projected to more than double by 2030, Cathay Century Insurance warns that energy management and safety for enterprise energy storage systems are critical operational issues.

Back to Newsroom (84501)