Figure 1 shows various forecasts from multiple sources for power consumption by AI data centers through 2030, revealing a wide range of outcomes and highlighting several ongoing uncertainties:

  • Data Centers demand will depend on the successful adoption and widespread use of AI applications at reasonable cost levels. Future demand for data center services—such as AI, video streaming, IT infrastructure, and communications—will largely be a function of these AI fundamentals.
  • Software and data processing technologies may improve over time and require less power; for example, newer AI models could become more efficient and need fewer computational resources.
  • Computer hardware, particularly chipsets used for AI data processing, is continually advancing and may also reduce power requirements.
  • Cooling technologies for data centers are expected to become more efficient. Additionally, colocation with industrial facilities that utilize waste heat for processes could further improve overall energy efficiency.
  • By 2030, projections range from around 206 TWh (EPRI historical) to approximately 970 TWh (BCG). Incorrys assesses that power consumption is likely to be near the lower end of this range.

Figure 1: US Centers Electricity Consumption by Different Sources 2014-2030
Sources: Lawrence Berkeley National Lab (LBNL); International Energy Agency (IEA); Boston Consulting Group (BCG); Electric Power Research Institute (EPRI); Goldman Sachs; McKinsey; S&P.

References:
Goldsmith, Ian. Byrum, Zach. “Powering the US Data Center Boom: Why Forecasting Can Be So Tricky.”, World Resources Institute, September 2025, https://www.wri.org/insights/us-data-centers-electricity-demand?

“2024 United States Data Center Energy Usage Report.”, Berkeley Lab Energy Analysis & Environmental Impacts Division, December 2024, https://eta-publications.lbl.gov/sites/default/files/2024-12/lbnl-2024-united-states-data-center-energy-usage-report.pdf?utm_medium=email&utm_source=substack

“Energy and AI.”, International Energy Agency, April 2025, https://www.iea.org/reports/energy-and-ai

“U.S. Data Center Power Outlook: Balancing competing power consumption needs”, Boston Consulting Group, June 2024, https://www.linkedin.com/pulse/us-data-center-power-outlook-balancing-competing-consumption-lee-iz4pe/?trackingId=HUdUv0sARxW55L9exZtfTA%3D%3D

“Powering Intelligence.”, Electric Power Research Institute (EPRI), 2024, https://www.wpr.org/wp-content/uploads/2024/06/3002028905_Powering-Intelligence_-Analyzing-Artificial-Intelligence-and-Data-Center-Energy-Consumption.pdf

“How Data Centers Are Shaping the Future of Energy Consumption.”, Jefferies, June 2024, https://www.jefferies.com/insights/the-big-picture/how-data-centers-are-shaping-the-future-of-energy-consumption/

“AI is poised to drive 160% increase in data center power demand.”, Goldman Sachs, May 2024, https://www.goldmansachs.com/insights/articles/AI-poised-to-drive-160-increase-in-power-demand

“AI’s power binge”, https://www.mckinsey.com/featured-insights/week-in-charts/ais-power-binge

Wilson, Adam. Lenoir, Tony. “US datacenter and energy outlook – Powering the AI economy.”, S&P Global, June 2024, https://www.spglobal.com/market-intelligence/en/news-insights/research/us-datacenter-and-energy-outlook-powering-the-ai-economy