The Outlook for Data Center Power Demand as AI Token Use Grows
About this episode
The episode discusses the projected rise in global data center power demand driven by AI and the associated challenges.
Global data center power demand could rise 170% by 2030 from 2025 levels according to Goldman Sachs Research’s Brian Singer and Carly Davenport. They joined hosts Allison Nathan and George Lee on the Goldman Sachs Exchanges podcast to discuss how data centers will source that power, the key bottlenecks, and the impact of growing pushback from some local communities. Key takeaways: The rise in power demand from AI more broadly is forecast to be the equivalent of adding another Japan to the world’s power consumption by 2030 compared to the start of 2024. Goldman Sachs Research sees seven key binding constraints for data center power today including price, policy, and people. Delays for connecting data centers to regional US power grids are as long as seven years. The Mid-Atlantic region should remain the largest US data center power market until at least 2030, but the Midwest is set to overtake Texas for second place. The opinions and views expressed herein are as of the date of publication, subject to change without notice, and may not necessarily reflect the institutional views of Goldman Sachs or its affiliates. The material provided is…
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