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BloombergNEF expects data centre power demand to almost quadruple by 2035

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Source: BloombergNEFAlso reported by The Guardian

BloombergNEF expects data centre electricity demand to almost quadruple to 2,354 terawatt-hours by 2035, equivalent to 7% of global electricity consumption, in a report commissioned by Bloomberg Philanthropies. It has tracked 181GW of announced gas-fired generation proposed alongside data centres, more than 90% of it in the US. The report reviews policies in 17 markets that aim to speed grid connections and finds limited evidence on which will work best.

Why it matters

Developers that build on-site gas to avoid grid delays risk fossil-fuel lock-in once those plants are online, BloombergNEF finds.

When
11 Nov 2026
ID
WTA-N-2026-0843
Who
BloombergNEF, Bloomberg Philanthropies; Mark Daly

Summary written with AI by wheresthe.ai, from BloombergNEF and the reporting credited above. Checked against the source on 11 Nov 2026.

Read the original at BloombergNEF

Source copy: saved on 11 Nov 2026 to check this story and not republished, because the text belongs to its publisher. Also held by the Internet Archive.

Next stop on this Storyline: What happened nextTorus raises $500m to run AI computing on spare grid power

Cite this story

WTA-N-2026-0843: “BloombergNEF expects data centre power demand to almost quadruple by 2035.” wheresthe.ai, 11 Nov 2026. https://wheresthe.ai/d/intl-bloombergnef-expects-data-centre-power-demand-to-almost-2026-11/ (source: BloombergNEF).

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