"Genuine question, if a data centre is drawing electric power through the grid, how can that be 100% renewable if the grid has a component of gas or coal?"
Nearly all major loads do financial contracts for their electricity (if hedges).
If these are completed with wind farms or solar farms, then the mwh contracted can equal their consumption.
In reality they can also do contracts with a firming service (hydro, battery) to manage the 24 hour baseload nature of their consumption to be 100% "green".
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paladin energy ltd
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$7.45

"Genuine question, if a data centre is drawing electric power...
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Last
$7.45 |
Change
0.170(2.34%) |
Mkt cap ! $2.980B |
Open | High | Low | Value | Volume |
$7.30 | $7.76 | $7.30 | $20.67M | 2.732M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 2529 | $7.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.46 | 29944 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 20910 | 7.470 |
8 | 6598 | 7.460 |
7 | 8255 | 7.450 |
6 | 13553 | 7.440 |
7 | 8552 | 7.430 |
Price($) | Vol. | No. |
---|---|---|
7.480 | 4466 | 12 |
7.490 | 3111 | 9 |
7.500 | 27037 | 11 |
7.510 | 8086 | 6 |
7.520 | 29148 | 8 |
Last trade - 10.50am 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online