Data Center Demand is Worse Than We Thought
What’s new: According to a new report released by Grid Strategies on Tuesday, U.S. utilities now project that we’ll need 166 GW of extra peak demand by 2030, with roughly 90 GW (more than 54% ) tied to data centers. That’s a sixfold jump from energy forecasts made in 2022, meaning that we now need six times the energy we thought we would before generative AI hit the scene. Why it matters: Utilities are leaning on these aggressive load projections to greenlight huge spends on new power plants and grid upgrades nationwide. Those projections are already hitting people’s wallets, and it’s only…
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