Wattnet: matching electricity consumption with low-carbon, low-water footprint energy supply

arXiv:2601.11623v3 Announce Type: replace Abstract: The environmental impact of electricity consumption is commonly assessed through its carbon footprint (CF), while water-related impacts are often overlooked despite the strong interdependence between energy and water systems. This is particularly relevant for electricity-intensive activities such as data center (DC) operations, where both carbon emissions and water use occur largely off-site through electricity consumption. In this work, we present Wattnet, an open-source tool that jointly assesses the CF and water footprint (WF) of electricity consumption across Europe with high temporal resolution. Wattnet implements an electricity flow-tracing methodology that accounts for local generation mixes, as well as for cross-border electricity imports and exports at a 15-minute resolution. Operational and life-cycle impact factors are used to quantify and compare local (generation-based) and global (consumption-based) footprints for multiple European regions during 2024. Wattnet includes a 72-h forecasting module to facilitate informed energy-aware decision-making. The results demonstrate that neglecting electricity flows and temporal