is dependent on these kind of places. and the nuts and bolts powering our online lives comes with a carbon cost, as these data centres are energy hungry and often use vast amounts of water to keep their systems cool, so, can the industry keep growing sustainably? well, i m going to be discussing all of that with these two. there they are, an it energy watcher from greenpeace and the vice president of a huge multinational who specialise in internet connections and data centres all around the world. also, can you help heat a city by streaming the latest cat video? i m going to be catching up with the big boss of one of europe s top power companies capturing waste energy to warm your homes. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, all of our lives are moving more and more online and more and more of that life is now in the cloud. we store our photos, ourfamily memories, our shopping lists, and our endless,
well, i m going to be discussing all of that with these two. there they are, an it energy watcher from greenpeace and the vice president of a huge multinational who specialise in internet connections and data centres all around the world. also, can you help heat a city by streaming the latest cat video? i m going to be catching up with the big boss of one of europe s top power companies capturing waste energy to warm your homes. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, all of our lives are moving more and more online and more and more of that life is now in the cloud. we store our photos, ourfamily memories, our shopping lists, and our endless, endless emails to this other place. but the cloud is not some bunch of mist floating in the sky. no, it s a vast digital infrastructure huge networks of cables and processes, the cogs behind the machine powering our online world. and housing all of this are dat
is now in the cloud. we store our photos, ourfamily memories, our shopping lists, and our endless, endless emails to this other place. but the cloud is not some bunch of mist floating in the sky. no, it s a vast digital infrastructure, huge networks of cables and processes, the cogs behind the our online world and housing. all of this are data centres, increasingly and housing all of this are data centres, increasingly massive buildings containing vast banks of servers, holding and crunching our ever expanding online existence. and it s a business on the rise a global market estimated to have been worth under $200 billion back in 2020 is predicted to reach over half a trillion dollars by the end of this decade, which would mean growing something in the region of over 10% a year, all driven by our expanding use of the web. in fact, well overfive billion people were estimated to have used the internet last year. that s around two thirds of the world s population. and as you c
describes writing his memoir as an act of service. he says he hopes sharing details of his life will help others. you re watching bbc news. now it s time for talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. the digital revolution is in full swing. expanding the internet of everything and moving life to the cloud is driving a boom in the tech industry, particularly in the world of data and where it s kept. from the drive to autonomous cars to using ai chat bots, to your emails and text or storing your photos and to watching your favourite show. all of this, almost everything we do on our devices is dependent on these kind of places. and the nuts and bolts powering our online lives comes with a carbon cost, as these data centres are energy hungry and often use vast amounts of water to keep their systems cool. so can the industry keep growing sustainably? well, i m going
them to cope with these cost increases and we have, by the way, the same challenge that we have in the uk in all other markets in eastern european markets, in germany, in netherlands, sweden, wherever we are active. the challenge is we cannot sell the energy below the price at which we are acquiring it. and just to clarify it, in the last year, we have made zero really zero profits in b2c retail in the uk and that s despite the fact that the working capital requirements have increased dramatically. leo, do you think governments are doing enough? should they be doing more and intervening to assist those that i guess are the hardest hit? we had the same discussions all across europe. i guess the first absolute must is given that we have seen the prices exploding from something like 30 euros per megawatt hour on the power side to 300, 400, 500, ja? although by a factor an order of magnitude that was just too much and too fast and so, it was necessary to dampen a bit this incre