Demand- Demand – Demand. The need to mitigate the energy / Cooling Crisis??
New projections from the International Energy Agency reveal a stark reality facing global energy infrastructure: Data centres and Space cooling alone are expected to account for 1,181 terawatt hours of increased electricity demand between 2024 and 2030.
Together, these two sectors represent nearly one-fifth of all projected electricity growth this decade.
The data shows data centres contributing an additional 530 TWh—ranking fifth among all sectors—while space cooling adds 651 TWh.
This combined demand surge comes at a critical juncture as industries worldwide grapple with both electrification goals and grid capacity constraints.
EnergiVault, O-HX’s cold thermal energy storage solution, directly addresses both challenges.
The system slashes peak electricity costs while ensuring uninterrupted cooling across diverse applications—from data centres requiring 24/7 reliability to commercial buildings, industrial facilities, and any operation where cooling represents a significant energy expense.
The IEA projections make the case clear: Traditional approaches to meeting cooling demand simply mean building more generation capacity and accepting higher electricity costs.
EnergiVault offers a smarter alternative—proven cold thermal energy storage that turns rising demand into manageable, cost-effective operations.
With 1,181 TWh of additional cooling-related electricity demand arriving by 2030, the question isn’t whether you need advanced thermal management. It’s whether you can afford to operate without it?
Lee Storey.
Lee is O-HX’s Marketing Director, bringing over a decade of renewable energy expertise in solar PV, energy storage, and project development.
