The New Energy Outlook is BNEF''s annual report focused on long-term energy and climate scenarios for the energy transition.
A new wave of early-stage data center projects is reshaping US electricity demand – and it''s doing it quickly. Data-center power demand hits 106
Lawrence Berkeley National Lab, 2024 United States Data Center Energy Usage Report, December 2024 Comprehensive modeling and analysis of historic data center loads and the
This boom in data center demand is colliding with grid realities. In PJM, BNEF forecasts data center capacity could 31GW by 2030, nearly
Data centers are the largest driver of demand and energy growth, accounting for about 55% of demand growth in utility load forecasts over the next five years. • Even though smaller than data center
IEA projects data centers will consume 1,000 TWh in 2026, equal to Japan. US demand may hit 150 GW by 2028. Latest power crisis numbers inside.
BloombergNEF expects global electricity demand from data centers to rise to 1,200 terawatt-hours by 2035 and 3,700 terawatt-hours by 2050 as
U.S. electricity demand is projected to account for data center expansion and the rise of artificial intelligence (AI) applications, domestic
Data center load forecast for 2030 aggregates to about 90 GW, nearly 10% of forecast peak load, based on Grid Strategies'' analysis of utility and regional load forecast publications.
Adapted from a Dec. 20, 2024 Department of Energy news release A recent report produced by the Department of Energy''s Lawrence Berkeley
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Build trust and understanding by setting up individual meetings with utilities to understand the details of their large load forecasting methodologies, the data sources they use, the
Understanding this report For this edition of BNEF''s New Energy Outlook, we have focused our efforts on updating the base-case Economic Transition Scenario (ETS), incorporating new analysis on data
"Natural gas supply is critical as we forecast that U.S. liquefied natural gas exports expand and electricity demand rises through 2027, driven largely by increasing demand from large
A recent report produced by the Department of Energy''s Lawrence Berkeley National Laboratory (Berkeley Lab), which outlines the energy use of
This paper builds on E3''s findings and outlines key considerations for forecasting in this new and evolving landscape, with a particular focus on data centers, by strengthening baselines, applying
INSIGHTS Explainer Powering the US Data Center Boom: Why Forecasting Can Be So Tricky Despite extreme variations in data center electricity predictions, there are ways local U.S.
NextEra Energy''s (NYSE: NEE) agreement to acquire Dominion Energy (NYSE: D) in a roughly $67 billion all-stock deal has investors hunting for the next big utility consolidation targets.
U.S. data center power demand could reach 106 GW by 2035: BloombergNEF The forecast is 36% higher than its April estimate. Other experts
Data center growth forecasts vary, with some tech industry analysts anticipating growth of 65 GW, while updated utility forecasts suggest over 90 GW. Manufacturing demand forecasts are
Power demand from US data centers is set to surge to 106 gigawatts by 2035, according to BloombergNEF, a 36% increase from the research
New planned data centers promise to consume even more energy than expected. Meanwhile, a grid monitor is blaming such growth for high
The US Energy Information Administration (EIA) has forecast that electricity demand will continue to rise in the nation, partially due to data centers.
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