SF Jul 22, 2026 · 3:57 AM

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BloombergNEF just revised its US data center power forecast 83% higher in seven months

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BloombergNEF just revised its US data center power forecast 83% higher in seven months

BloombergNEF's July 21 report projects US data centers will consume 194 gigawatts of electricity by 2035, one-fifth of all US power, revising its December forecast upward by 83% in seven months. Nearly half of that capacity will be devoted to AI, reshaping the investment case for nuclear energy, grid infrastructure, and compute-adjacent startups.

Dave Barr

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