Earlier quoted context omitted.
An HVAC system above ground would generate far more heat. The advantage of sinking the data center would appear to be that it can function with passive cooling from the surrounding water only, no HVAC. This means less electricity consumption (meaning less energy generation required, and fewer resulting greenhouse gasses). And HVAC systems create far more waste heat than they do cooling, so this passive cooling will j…
> And HVAC systems create far more waste heat than they do cooling, so this passive cooling will just be moving the source heat to the water, not dumping extra waste heat as well. Where do you get that idea? A typical EER 12 air conditioner will move 3.5x the heat energy that it consumes (COP = 3.5) [0]. [0] https://www.engineeringtoolbox.com/cop-eer-d_409.html
Obviously this can be mitigated if you are able to get renewable power from a nearby source like a geothermal plant, hydroelectric, or solar. But if you are using fossil fuel power from a long distance away, that means any unit of heat moved by an HVAC involved many units of heat production to ultimately move that unit of heat.