Summary: McKinsey’s analysis highlights the surging demand for electricity driven by data centres supporting AI and digitalization. In the United States, data centre power needs are projected to grow from roughly 3–4 % of total electricity demand today to about 11–12 % by 2030, which will require around 50 GW of additional capacity and more than $500 billion in infrastructure investment. The article emphasizes that reliable access to power, expanded transmission networks, and more energy infrastructure are necessary to enable the growth of AI, while also presenting opportunities for investors throughout the power value chain.

Source: https://www.mckinsey.com/industries/private-capital/our-insights/how-data-centers-and-the-energy-sector-can-sate-ais-hunger-for-power