BNEF Brief: Big Tech's Clean Energy Appetite

The video discusses how big tech companies, like Google and Apple, are leading in clean energy purchases due to their high energy demands from data centers. Google, for instance, met its global electricity needs with clean energy in 2017 and 2018. However, as their energy demand grows, they need more solar and wind deals. The clean energy market is growing, with supply meeting demand, and costs are decreasing, making it a significant investment for tech companies.

Why do big tech companies have a higher demand for clean energy compared to other industries?

• They are required by law.

• They are building power-intensive data centers.

• They have more employees.

• They want to reduce costs.

What was the percentage increase in Google's electricity demand from 2010 to 2018?

• 500%

• 450%

• 300%

• 200%

What is the current state of supply and demand in the clean energy market?

• Supply and demand are balanced.

• Supply exceeds demand.

• Demand exceeds supply.

• There is no demand for clean energy.

How have the costs of clean energy changed over recent years?

• They have increased significantly.

• They have remained the same.

• They have decreased.

• They have fluctuated unpredictably.

Which companies are mentioned as having access to cheaper clean energy deals?

• IBM and Intel

• Tesla and SpaceX

• Google and Apple

• Microsoft and Amazon