Electricity demand growth is surging as data centres are becoming the new “industrial load” of the artificial intelligence (AI) economy, and their electricity consumption is projected to double to 800-1000 TWh by 2030.
While renewables are expected to provide about half of the data centres’ electricity consumption by 2030, their inherent variability creates a mismatch with the flat, 24/7 load profile of data centres which requires not only more generation but, also, significantly more dispatchable capacity.
This Report argues the case for long-term energy planning to remain fact-based, transparent, and grounded in realistic assumptions about electricity infrastructure and the rapid expansion of AI driven technology, while demonstrating the role of Gas in powering this ever-increasing AI-driven energy demand.