The AI trade started with chips. Now it's running into the electric grid.
US data center electricity demand could more than double by 2030, rising from roughly 167 terawatt-hours in 2023 to about 376 TWh by the end of the decade, according to a Yahoo Finance ***** ysis of government and industry data.
The increase alone is roughly enough electricity to power 20 million average US homes for a year — and closer to 25 million to 27 million homes if total power generation grows with demand.
That shift is turning power from a background cost into a frontline constraint — and making battery storage part of the AI infrastructure story.
Brett Conrad, Fixx Energy chair and a member of the founding team of Lululemon (LULU), sees storage as part of the answer.
US data center electricity demand could more than double by 2030, rising from roughly 167 terawatt-hours in 2023 to about 376 TWh by the end of the decade, according to a Yahoo Finance ***** ysis of government and industry data.
The increase alone is roughly enough electricity to power 20 million average US homes for a year — and closer to 25 million to 27 million homes if total power generation grows with demand.
That shift is turning power from a background cost into a frontline constraint — and making battery storage part of the AI infrastructure story.
Brett Conrad, Fixx Energy chair and a member of the founding team of Lululemon (LULU), sees storage as part of the answer.
2 months ago
