How to meet AI’s growing power demands

August 14, 2024

How to meet AI’s growing power demands

How to meet AI's growing power demands
  1. AI's rapid expansion is driving up electricity consumption by as much as 5% annually to power data centers
  2. Developed world utilities have not seen electricity demand rise in over a decade, leading to closures of coal-powered plants for decarbonization
  3. Balancing the surge in data center demand, expected to increase by 10-30% in the next five years, presents a challenge for utilities and tech companies
Source: https://www.bain.com/insights/how-to-feed-ais-hunger-for-power/