Total U.S. electricity demand has remained relatively stable at around 4,000 terawatt-hours since 2010, but as electrification accelerates, that’s about to change, consulting group Rystad Energy said on June 24.
The build-out of data centers and more widespread adoption of electric vehicles is expected to ramp up electricity demand in the U.S. in the coming years, with Rystad Energy’s research predicting these two sectors alone will add 290 TWh of new demand by 2030.
Leading up to that point, the growth in electricity demand for data centers will be heavily driven by those focused on artificial intelligence, which consumes more electricity compared to traditional computing, Rystad Energy said.
Overall, the combined expansion of traditional and AI data centers, along with chip foundries, will increase demand cumulatively by 177 TWh from 2023 to 2030, reaching a total of 307 TWh, it said.