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AAP
AAP
Adrian Black

Power giant welcomes data centre-driven price tailwinds

AGL Damien Nicks Aussie Broadband Australia
AGL shares have soared despite the energy giant posting a drop in first-half profits. (Darren England/AAP PHOTOS)

Australians could face higher power bills as increasing demand from industry, electrification and data centres looks set to drive up prices.

Following record demand in 2025, energy consumption is expected to grow by more than a fifth from 178 terawatt hours in 2024-25 to about 229TWh by 2034-35, according to data from the National Electricity Market operator.

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