Meta’s electricity use has increased in recent years, as newer data centers have come online. In 2022, the company's electricity usage surpassed 11.5 terawatt-hours, a 22-percent year-over-year increase. Before 2021 the company was known as Facebook.
Meta’s renewable energy commitments
Over the past few years, Facebook/Meta has been moving towards using more renewable energy, with the goal of achieving 100 percent renewable energy to support facilities reached in 2020. This establishment of renewables also allows other nearby businesses to have the option to use renewable energy. Meta is one of the largest corporate purchasers of renewable energy worldwide.
Emissions and water consumption
Meta has set goals to reduce its carbon footprint by 50 percent in 2030. In recent years, the company was able to separate growth in the business from increased emissions, annually reducing their operational greenhouse gas emissions. The company is also aware of its water consumption and has committed to a circular system that allows for the reuse of water consumed.
Meta's electricty consumption increased ** percent year-on-year in 2023, surpassing ** terawatt-hours. In comparison to 2019, the company's power consumption nearly tripled. A key factor for Microsoft's power consumption rising has been the expansion of its global data centers. Meta's electricity intensity (consumption normalized by revenue generated) also grew by some ** percent year-over-year in 2023.
Facebook's use of renewable energy has increased significantly in recent years. In 2020, the company reached its goal of 100 percent renewable energy usage, up from a renewable-share of 35 percent in 2015.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 56.81(USD Billion) |
MARKET SIZE 2024 | 66.21(USD Billion) |
MARKET SIZE 2032 | 225.2(USD Billion) |
SEGMENTS COVERED | Type of Hyperscale Center ,Deployment Model ,Vertical Industry ,Size (MW) ,Power Usage Effectiveness (PUE) ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Cloud Computing Adoption Edge Computing Expansion AI Growth Market Consolidation |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Google ,Amazon Web Services ,Microsoft ,Meta ,Alibaba ,Tencent ,IBM ,Oracle ,Huawei ,Baidu ,NTT ,equinix ,Digital Realty ,CyrusOne ,Vantage Data Centers |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | AIdriven infrastructure management Cloudnative applications adoption Edge computing growth 5G and IoT proliferation Data privacy regulations |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 16.54% (2024 - 2032) |
Meta's total operational greenhouse gas emissions amounted to 50,610 metric tons of CO₂ equivalent in 2023. Meta cut its operational emissions by 94 percent in 2020 from a 2017 baseline. This was primarily achived by matching 100 percent of the electricity use of its data centers and offices with renewable energy and addressing residual emissions with carbon removal projects. Since then, Meta's operations have produced net zero emissions.
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Meta’s electricity use has increased in recent years, as newer data centers have come online. In 2022, the company's electricity usage surpassed 11.5 terawatt-hours, a 22-percent year-over-year increase. Before 2021 the company was known as Facebook.
Meta’s renewable energy commitments
Over the past few years, Facebook/Meta has been moving towards using more renewable energy, with the goal of achieving 100 percent renewable energy to support facilities reached in 2020. This establishment of renewables also allows other nearby businesses to have the option to use renewable energy. Meta is one of the largest corporate purchasers of renewable energy worldwide.
Emissions and water consumption
Meta has set goals to reduce its carbon footprint by 50 percent in 2030. In recent years, the company was able to separate growth in the business from increased emissions, annually reducing their operational greenhouse gas emissions. The company is also aware of its water consumption and has committed to a circular system that allows for the reuse of water consumed.