Data Center Power Demand to Rise 165% by 2030, Straining a Grid Built for 1% Annual Growth
Goldman Sachs projects data center electricity consumption will surge 165% by 2030, driven by AI workloads that consume 10x more energy per query than traditional search. The US grid, designed for 1-2% annual demand growth, faces structural scarcity — creating durable pricing power for utilities near major AI data center corridors.
Salvado•