A recent BloombergNEF report forecasts that data center energy demand will surge by nearly 300% by 2035, climbing to 106 gigawatts from the current 40 gigawatts. This growth is driven by larger facilities, with about 25% projected to exceed 500 megawatts. Increased utilization rates to 69% stem from rising AI compute demands. The anticipated rise in capacity has triggered scrutiny over grid reliability, with PJM Interconnection stating new connections should ensure adequate grid support.
A recent BloombergNEF report forecasts that data center energy demand will surge by nearly 300% by 2035, climbing to 106 gigawatts from the current 40 gigawatts. This growth is driven by larger facilities, with about 25% projected to exceed 500 megawatts. Increased utilization rates to 69% stem from rising AI compute demands. The anticipated rise in capacity has triggered scrutiny over grid reliability, with PJM Interconnection stating new connections should ensure adequate grid support.