Data Center Power Needs Could Surge 24% a Year Through 2030

Data Center Power Needs Could Surge 24% a Year Through 2030

The buildout of AI infrastructure is progressing so quickly that demand for computing capacity is growing faster than the power systems needed to support it. That’s according to McKinsey’s Global Energy Perspective 2026 report, which says electricity consumption by data centers could grow at a stunning compound annual rate of 24% through 2030. By the [...]

Data Center Power Demand to Grow 24% Annually by 2030: McKinsey

Power constraints are pushing operators toward on-site generation, but uncertainty beyond 2030 raises questions about how much infrastructure to build.