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A new report from BloombergNEF predicts data centers will quadruple their electricity use by 2035, consuming one-fifth of U.S. electricity, driven by surging AI compute demands and straining already burdened power grids.
The article examines how outdated grid interconnection processes are the primary bottleneck slowing the massive AI infrastructure buildout, with projects like Stargate requiring enormous power but facing lengthy queues for grid connection.
NextEra Energy's $67 billion merger with Dominion Energy is driven by surging electricity demand from data centers, but consumer advocates warn it could lead to higher bills and reduced regulatory oversight.