9 top US electric utilities forecast major power demand increase from data centers due to generative AI and revise capital expenditure plans.
U.S. electric utilities expect a significant increase in power demand from data centers, driven by technology such as generative AI. Nine of the top 10 U.S. electric utilities identified data centers as a major growth driver, leading them to revise up capital expenditure plans and demand forecasts. This surge in demand is expected to happen faster than in previous decades, according to experts.
April 10, 2024
9 Articles