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Data Centers — Not Iran — Are Fueling the U.S.’s Coming Energy Crisis
['Rich Duprey', 'July', 'Min Read']
Yahoo Finance
Quick ReadAI data centers are set to consume 20% of U.S. electricity by 2035, up from 5.9% today, threatening a structural energy crisis beyond oil.
That would represent more than a threefold increase in electricity demand over the next decade.
Unlike gasoline demand, which tends to fluctuate with economic activity, AI data centers require around-the-clock power.
A dual energy crisis is colliding as AI demand threatens to devour 20% of the grid.
Across several regions, utilities have requested rate increases specifically tied to rising infrastructure costs and growing power demand from large data center projects.