According to a research report issued by TF Securities, the rapid expansion of data centers across Europe has underscored a significant mismatch between power supply and demand. This discrepancy is fueling the necessity for offshore wind power development and enhanced electrical interconnection. This dynamic represents a distinct trend in Europe, making it prudent to closely monitor the European offshore wind power export chain. Concurrently, there is a sharp and sustained increase in the demand for power grid upgrades in Europe, a development that stands to benefit the sectors involved in main grid transformers and switchgear.
