How to meet AI’s growing power demands
- AI’s rapid expansion is driving up electricity consumption by as much as 5% annually to power data centers
- Developed world utilities have not seen electricity demand rise in over a decade, leading to closures of coal-powered plants for decarbonization
- 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/
