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Data centers expected to use 4x more electricity by 2035

TechCrunch AI Tim De Chant Covered by 2 sources

Data centers are projected to consume one-fifth of U.S. electricity by 2035, driven by AI compute demands. BloombergNEF estimates data center capacity will reach nearly 200 gigawatts with 64% of global AI chip power concentrated in the U.S. by 2033. Regional power grids face severe strain, with some utilities threatening to withdraw as electricity prices surge and capacity auctions become dominated by data center requests.

Why it matters

New data centers built through 2033 could consume as much electricity as India uses today.

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