Data centers are projected to consume a significant portion of US electricity by 2030, with estimates ranging from 9% to 15% growth in power demand annually. Companies like Goldman Sachs and McKinsey foresee a surge in energy consumption, necessitating substantial investments in power generation and infrastructure to meet the demand. The Electric Power Research Institute (EPRI) anticipates data centers will consume up to 9% of total electricity in the US by the end of the decade, driven by power-hungry technologies such as generative AI.
AI is wild card in data center energy demand, say electricity researchers https://t.co/4ogUFhPJnw
McKinsey estimates the energy demand from data centers will explode from 17GW in 2022 to 35GW by 2030, growth of 10% a year. 👀⚡️ To put this in context, US grid planners have been forecasting a mere 0.5% annual growth rate over the last decade.. h/t MK #AI #copper #uranium… https://t.co/3oE4wuPgdG
"According to the Electric Power Research Institute (EPRI), data centers will consume up to 9% of total electricity generated in the United States by the end of the decade, up from ~1.5% currently thanks to the rapid adoption of power-hungry technologies such as generative AI.'
Projections for higher U.S. electric power demand from AI & data centers range from 5% to 15% annual growth. https://t.co/9AjhUY1v3r #energy #EnergyTransition #ClimateActionNow #renewables #NetZero #FossilFuels #technology #AI #electricity #electricitybills https://t.co/XqARo1NYSf
Goldman Sachs forecasts that data center power demand will grow at 15% from 2023-2030 "47 GW of additional power generation capacity will be required to meet the growth in U.S. data center power demand by 2030." https://t.co/uFs3VF5Y9f #technology #AI #electricity… https://t.co/FpGBbtFqjy
Data Centers Set to Consume 9% of U.S. Electricity by 2030 https://t.co/UU0hASEh4B
Data centers are expected to consume up to 9% of US electricity by 2030, a surge in demand will require significant investment in power generation and infrastructure. https://t.co/u8DQ12cE91