The companies building the future of artificial intelligence (AI) are discovering that computing power is only half the equation. They also need electricity, and plenty of it. Nvidia (NVDA) CEO Jensen Huang recently described the infrastructure opportunity in “tens of trillions” rather than billions, highlighting the scale of the investment taking shape around AI.
That ambition comes with a growing power bill. One August industry commentary cited International Energy Agency (IEA) projections showing global data-center electricity consumption climbing from 485 terawatt-hours in 2025 to roughly 950 TWh by 2030. Nearly doubling demand in five years puts electricity suppliers squarely in the spotlight.
