A new BloombergNEF report projects that data centers will need nearly three times the electricity they consume today, rising to 106 gigawatts by 2035. Growth will be driven by larger facilities, higher utilization rates and the surge in AI training and inference workloads. Much of the new capacity is expected in rural regions across the PJM Interconnection and Texas’s ERCOT grid, prompting regulatory scrutiny over grid reliability and electricity pricing. Read more →