Risks and capability
Four global risk objects open the portfolio. Order carries no rank. Each is read across driver, exposure, vulnerability, capacity, cascade and consequence; loss metrics are added only where they can be modelled.
Contents
- ·Edition home
- ·Executive summary
- 1Technology rests on a few physical inputs
- 2Key findings
- 3Systems and sectors at baseline
- 4Risks and capability
- 5Local grid constraint that overlaps a chip or mineral supply constraint
- 6Readings from the other desks
- 7The 2027 agenda
- 8Systems in depth
- AMethodology
- BData appendix
- CReferences and record
- ·Complete edition, for print
4.1Risk objects
Each risk is read across the chain from hazard to consequence, with its status and evidence-quality level.
ReportedEQL 4RSK-SR13-ENE-001
Local grid constraint on large new loads
- Driver
- clustered data-centre load and fast growth12
- Exposure
- regions where data centres hold a large share of electricity12
- Vulnerability
- connection waits and local clustering; waiting times not bound
- Capacity
- grid reinforcement; flexible or interruptible connections; siting rules
- Cascade
- AIC → ENE → INF
- Horizon
- 1 to 5 years
ReportedEQL 3RSK-SR13-MIN-002
Concentrated refining of energy and technology minerals
ReportedEQL 3RSK-SR13-TRD-003
Chip supply short of policy targets
InferredEQL 3RSK-SR13-DAT-004
Dependence on shared cloud services
4.2Capability ladder
Existence is not readiness. Each of the fifteen capability functions is placed on the ladder by the strongest public evidence at the global level, from a policy listing to performance in real events.
| Function | Rung | Level | Strongest public evidence at baseline |
|---|---|---|---|
| Prevention and mitigation | EXISTS | security, continuity and risk standards widespread; implementation uneven31323334 | |
| Monitoring and observation | ADEQUATE | load and sales series published; supply-chain visibility uneven14 | |
| Early warning | LISTED | no common early warning for chip or mineral shortages | |
| Preparedness and planning | EXISTS | chips, AI, data and cyber rules in force or applying816171819 | |
| Redundancy and reserves | LISTED | stockpiles and spare capacity not consolidated | |
| Response | LISTED | crisis coordination set up under the EU Chips Act, not tested here8 | |
| Continuity of critical services | EXISTS | continuity standards and critical-entity rules2932 | |
| Recovery | LISTED | recovery of data services after multi-site loss not consolidated | |
| Adaptation | EXISTS | new refining projects reported3 | |
| Social protection | LISTED | support for exposed workers and regions not consolidated | |
| Finance and insurance | EXISTS | USD 50 billion US chip programme; EU state aid decisions438 | |
| Institutional coordination | EXISTS | European Semiconductor Board and AI Office; cross-border practice uneven816 | |
| Technical infrastructure | EXISTS | AI Factories established across Member States15 | |
| Workforce | LISTED | skills shortages noted by auditors7 | |
| Research capacity | ADEQUATE | interdependency science mature373940 | |
| A capability listed in policy is not a tested one; each rung is the strongest public evidence at baseline. | |||
Notes
Numbers are the edition’s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. Annex C, references
- 1IEA (ed.), Energy and AI (World Energy Outlook Special Report). International Energy Agency, Paris, April 2025. Observation year 2024. Accessed 2026-11-03.back
- 2IEA (ed.), Global Energy Review 2026 (revised version, May 2026). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03.back
- 12Central Statistics Office (ed.), Data Centres Metered Electricity Consumption 2024 (release of 10 June 2025; 22% of metered electricity in 2024, 21% in 2023, 5% in 2015). CSO, Cork. Observation year 2024. Accessed 2026-11-03.back
- 3IEA (ed.), Global Critical Minerals Outlook 2026 (revised version, July 2026). International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03.back
- 4WSTS (ed.), Global Semiconductor Market grows 26% in 2025 to USD 796 billion (release page; sales of USD 795.6 billion, up 26.2%). World Semiconductor Trade Statistics, Dec 2025 data, release dated March 2026 by file name. Observation year 2025. Accessed 2026-11-03.back
- 7European Court of Auditors (ed.), The EU’s strategy for microchips, special report 12/2025 (news item read; the 20% target and the Commission forecast of 9.8% in 2022 and 11.7% in 2030; the full report was not opened). European Court of Auditors, Luxembourg. Observation year 2025. Accessed 2026-11-03.back
- 43US Congress (ed.), CHIPS and Science Act of 2022, Public Law 117-167, Division A, Title I, section 102 (statute text, US Government Publishing Office; CHIPS for America Fund appropriations for fiscal years 2022 to 2026 of USD 39 billion for manufacturing incentives under section 9902 and USD 11 billion for research; totals are sums of the annual amounts). Observation year 2022. Accessed 2026-11-03.back
- 8European Commission (ed.), European Chips Act (policy page; Regulation (EU) 2023/1781; three pillars; 19 State aid decisions with over EUR 33 billion of public and private investment). European Commission, Brussels. Observation year 2026. Accessed 2026-11-03.back
- 9Eurostat (ed.), Cloud computing: statistics on the use by enterprises (Statistics Explained; 52.74% of EU enterprises with 10 or more persons used paid cloud services in 2025). Eurostat, Luxembourg. Observation year 2025. Accessed 2026-11-03.back
- 17European Commission (ed.), Data Act (policy page; Regulation (EU) 2023/2854; in force 11 January 2024; applies from 12 September 2025). European Commission, Brussels. Observation year 2025. Accessed 2026-11-03.back
- 31UNVERIFIED, not opened: ISO/IEC 27001:2022, Information security management systems. International Organization for Standardization, Geneva. Observation year 2022. Accessed 2026-11-03.back
- 32UNVERIFIED, not opened: ISO 22301:2019, Security and resilience: business continuity management systems. International Organization for Standardization, Geneva. Observation year 2019. Accessed 2026-11-03.back
- 33UNVERIFIED, not opened: IEC 62443 series, Security for industrial automation and control systems. International Electrotechnical Commission, Geneva. Observation year 2018. Accessed 2026-11-03.back
- 34UNVERIFIED, not opened: ISO 31000:2018, Risk management: guidelines. International Organization for Standardization, Geneva. Observation year 2018. Accessed 2026-11-03.back
- 16European Commission (ed.), AI Act (policy page; Regulation (EU) 2024/1689; in force 1 August 2024; general application 2 August 2026; omnibus in force 27 July 2026). European Commission, Brussels. Observation year 2026. Accessed 2026-11-03.back
- 18European Commission (ed.), Cyber Resilience Act (policy page; Regulation (EU) 2024/2847; in force 10 December 2024; reporting from 11 September 2026; main obligations from 11 December 2027). European Commission, Brussels. Observation year 2026. Accessed 2026-11-03.back
- 19European Commission (ed.), NIS2 Directive (policy page; Directive (EU) 2022/2555; transposition deadline 17 October 2024). European Commission, Brussels. Observation year 2024. Accessed 2026-11-03.back
- 29UNVERIFIED, not opened: Directive (EU) 2022/2557 on the resilience of critical entities, Official Journal of the European Union, 2022, cited from memory; the EUR-Lex request returned no text. Observation year 2022. Accessed 2026-11-03.back
- 15EuroHPC Joint Undertaking (ed.), AI Factories (programme page; states 19 AI Factories and 13 antennas while the listing shows 18 entries; no amounts). EuroHPC Joint Undertaking, Luxembourg. Observation year 2026. Accessed 2026-11-03.back
- 37UNVERIFIED, not opened: Farrell, H. and Newman, A.L., Weaponized Interdependence: How Global Economic Networks Shape State Coercion, International Security 44(1), 42 to 79, 2019, cited from memory. MIT Press. Observation year 2019. Accessed 2026-11-03.back
- 39UNVERIFIED, not opened: Rinaldi, S.M., Peerenboom, J.P. and Kelly, T.K., Identifying, understanding, and analysing critical infrastructure interdependencies, IEEE Control Systems Magazine 21(6), 11 to 25, 2001, cited from memory. Observation year 2001. Accessed 2026-11-03.back
- 40UNVERIFIED, not opened: Buldyrev, S.V. et al., Catastrophic cascade of failures in interdependent networks, Nature 464, 1025 to 1028, 2010, cited from memory. Springer Nature. Observation year 2010. Accessed 2026-11-03.back
