Goldman Sachs forecasts 38% growth in US data-center power demand
Summary
Goldman Sachs projects that U.S. data-center power demand will increase by 38% in both 2026 and 2027, with expectations of adding 12 GW in 2026 and 17 GW in 2027. This growth is largely driven by the rising electricity needs associated with expanding artificial intelligence workloads at large-scale computing sites. In light of this anticipated increase, utilities and policymakers are currently assessing potential grid capacity expansions to support the growing power consumption of the technology sector.
Analysis
Goldman Sachs: Goldman Sachs is a leading global investment bank that provides financial services including investment banking, securities trading, and asset management to corporations, governments, and institutions. The firm regularly publishes research and forecasts on macroeconomic trends, energy markets, and infrastructure developments. In this news, it has issued updated projections specifically on U.S. data-center power demand growth through 2027. Energy Planning: Utilities and policymakers are actively evaluating grid capacity expansions to accommodate rising technology sector power consumption. AI Infrastructure: Growth in artificial intelligence workloads is a primary driver behind expanding electricity needs at large-scale computing sites.
Categories
politicstech