Milan is poised to become Europe's fastest-growing crypto-mining hub, with data center capacity projected to increase tenfold over the next five years. This expansion is expected to drive a 2 GW surge in electricity demand, primarily for crypto mining operations. The Lombardy region is responding by expanding renewable and thermal energy projects totaling 3 GW.
A2A CEO Mazzoncini has confirmed that the city will implement direct high-voltage grid connections and power purchase agreements (PPAs) to stabilize its energy infrastructure. These measures aim to meet the increased power needs of mining operators while supporting sustainable growth in the region.
Milan's Data Center Expansion to Boost Crypto Mining Power Demand
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.

