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US Generating Capacity Expansion for Data Centers

Sector: Energy Storage • Location: United States

Source: Utility Dive

Project
Planned

Bank of America analysts project that the United States will need more than 230 GW of new generating capacity over the next five years, driven largely by data center demand. However, regulated utilities are expected to add only about 93 GW of accredited supply, leaving a gap of more than 100 GW. Data centers could add roughly 125 GW of electric load, pushing electricity demand growth to a 4.1% com

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Project Information

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The project “US Generating Capacity Expansion for Data Centers” is an infrastructure initiative in the Energy Storage sector, located in United States. Taiyo aggregates data on it from Utility Dive.

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Participants

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Status

Original status

planned

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Description

Description

Bank of America analysts project that the United States will need more than 230 GW of new generating capacity over the next five years, driven largely by data center demand. However, regulated utilities are expected to add only about 93 GW of accredited supply, leaving a gap of more than 100 GW. Data centers could add roughly 125 GW of electric load, pushing electricity demand growth to a 4.1% compound annual growth rate from 2026 through 2030. To meet this demand, data center developers are turning to on-site gas engines, utilities are extending coal plant operations, deploying batteries, and pursuing transmission upgrades.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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