The Energy Sector Needs IT Support, but Big Tech Companies Are Not Looking to Become Energy Natives

The information technology sector is both a large consumer of renewable electricity and an enabler of the energy transition through digitization. IT uses about 1% of the world’s electricity, and that share is increasing, according to a new analysis from Lux Research, a leading provider of tech-enabled research and innovation advisory services. Because that energy consumption is getting concentrated within a few large companies – namely, Facebook, Amazon, Microsoft, Google, and Apple – climate action is both needed and straightforward.