Portugal Emerges as a Key Market for Data Centers in Europe Amid Global Expansion
Portugal is positioning itself as a significant player in the European data center market, with the sector projected to nearly double its capacity by 2030, largely due to advancements in artificial intelligence. The country's energy stability and commitment to renewable resources, which accounted for 71% of its electricity consumption in 2024, support large-scale data center projects. Key developments include the Sines Data Center and the Atlas Edge facility in Carnaxide, alongside existing infrastructure like the Altice Portugal center in Covilhã.
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The global data center sector is set to nearly double its installed capacity from 103 GW to approximately 200 GW by 2030, driven by artificial intelligence. Portugal is establishing itself as an emerging European market, supported by a $3 trillion investment supercycle, provided there are no signs of a real estate bubble.
Key factors include Portugal's energy stability and historical investments in renewable energy, which enable large-scale projects. The market is largely dominated by 'on-premise' data centers concentrated around Lisbon, benefiting from international connectivity.
In 2024, renewable energy sources accounted for about 71% of Portugal's electricity consumption. The country, a net exporter of energy since 2016, has an installed capacity of 22,813 MW. The largest operational data center is in Covilhã, owned by Altice Portugal, while upcoming projects include the Sines Data Center with a capacity of up to 1.2 GW, and the Atlas Edge data center in Carnaxide.
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