Investment Rating - The report does not explicitly provide an investment rating for the green computing industry Core Insights - The report emphasizes the necessity of developing green computing to address the increasing energy consumption and carbon emissions associated with computing power, which is seen as a critical component of high-quality development in the digital economy [7][21] - It highlights the significant growth in computing power in China, with a total scale reaching 280 EFLOPS by the end of 2024, and an average growth rate of nearly 30% over the past five years [7][9] - The report outlines the integration of green computing into various sectors, including energy, manufacturing, retail, transportation, and construction, with over 86% of central enterprises adopting cloud services [9][21] Summary by Sections 1. Background of Green Computing Research - The report identifies the exponential growth in energy demand for computing infrastructure, driven by advancements in AI technologies and distributed computing [19][20] - It discusses the contradiction between the increasing demand for computing power and the limited environmental capacity, necessitating a transformation towards green computing [21][22] 2. Overall Progress in Green Computing - The report notes a tightening of global policies regarding energy consumption and carbon emissions in the computing sector, with various countries implementing stringent regulations [29][30] - In China, policies are shifting from intensive construction to a collaborative model focusing on efficiency, energy consumption, and application [30][31] 3. Development Trends in Computing Equipment - The report highlights the rapid growth of AI servers as a key driver of energy consumption in computing equipment, with global data center IT loads expected to increase significantly by 2030 [48][49] - It mentions that China's computing equipment efficiency is improving, with advancements in chip manufacturing and cooling technologies [51] 4. Industry Dynamics - The report outlines the green computing industry chain, which includes hardware suppliers, energy providers, infrastructure builders, and application customers [37] - It emphasizes the importance of energy efficiency technologies, such as liquid cooling, which is projected to grow significantly in the coming years [41][42] 5. Corporate Practices - The report details various corporate initiatives aimed at achieving carbon neutrality and enhancing energy efficiency, with major tech companies committing to renewable energy usage [43][45] - It highlights the proactive measures taken by Chinese telecom operators to promote green computing and energy collaboration [45][46]

Core Insights - The 2025 Green Computing (AI) Conference was held in Hohhot, Inner Mongolia, focusing on building a green computing ecosystem and creating a new future for artificial intelligence [1] - The China Academy of Information and Communications Technology released a report indicating that China's computing industry is transitioning to a high-quality development phase with a focus on sustainability [1] Group 1: Green Computing Development - Inner Mongolia and the Hohhot New Area have emerged as leaders in green computing development, achieving a data center PUE value as low as 1.15 and a green electricity usage rate exceeding 80% [1] - The report covers the entire process of computing production, supply, operation, and application, summarizing the latest trends and advanced practices in promoting green and low-carbon computing [1] Group 2: Computing Equipment and Infrastructure - China is advancing chip architecture innovation and deploying high-density liquid-cooled servers, with a total computing power expected to reach 280 EFLOPS by the end of 2024, reflecting an average growth rate of nearly 30% over the past five years [2] - The number of standard racks in operational data centers across the country is expected to exceed 9 million by the end of 2024, with hub node areas accounting for over 60% of new computing power [2] Group 3: Energy and Computing Synergy - In 2024, the electricity consumption of data centers is projected to reach 166 billion kWh, representing about 2% of total social electricity consumption, with total carbon emissions from data centers at 0.859 million tons [2] - Strategies include positioning computing power near energy-rich areas and promoting green electricity supply, energy storage, and microgrid models [2] Group 4: Utilization and Policy Initiatives - The implementation of computing vouchers and scheduling platforms has improved computing power utilization rates, with 22 provincial-level administrative regions having launched local computing voucher policies, distributing a total of 1.53 billion yuan annually [3] - Hohhot has established a dual-driven industrial model of "green electricity + computing equipment," with a total computing power of 101,000 P, expected to exceed 120,000 P by the end of 2025 [3]