Solar Opportunity as Datacenter Electricity Demand Expected to Triple in Five Years

Solar opportunity as datacenter electricity demand expected to triple in five years

LandGate said as of Q1 2025 datacenters in the U.S. use 200 TWh of electricity annually, up from 147 TWh in 2023, and demand is expected to continue to accelerate.The U.S. datacenter boom is well underway, as electricity demand is expected to triple for the AI and cloud computing industry from 200 TWh in 2025 to 600 TWh in 2030, said a report from LandGate. This increase in demand represents 11.7% of the total electricity demand of the United St…

Power Generation from Renewables Set to Jump 84% in Next Five Years as Demand from New Data Centers Surges: BloombergNEF

Navigating the energy transition has never been more complex for investors and businesses as they face elevated policy risks and geopolitical tension. BloombergNEF’s (BNEF’s) New Energy Outlook 2025, published recently, examines the strong case for clean energy technologies and how the global energy transition is expected to progress at the intersection of increasingly cost-competitive solutions and growing energy demand. BNEF’s updated Economic…