Data centers expected to use 4x more electricity by 2035

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Data centers are expected to use one-fifth of the electricity generated in the U.S. by 2035, four times that of today, according to a new report from BloombergNEF.

A surge in AI compute will push data center capacity to nearly 200 gigawatts over the next decade, the report predicts. Nearly half of that capacity will be devoted to training and inference, and most of that will remain concentrated in the U.S. By 2033, the country will host 64% of AI chips by power demand.

Based on previous forecasts, those figures could be conservative.

BloombergNEF’s new estimate for electricity demand in 2035 is 83% higher than what the consultancy predicted in December. Other organizations have raised their forecasts, too. EPRI, an electrical industry nonprofit, has more than doubled its 2024 estimate, while S&P’s forecastrose by more than a third between October and April. The revisions reflect the fevered...

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