IEA: Data center power consumption to reach 950 TWh by 2030
- —Data center consumption to rise from 485 TWh in 2025 to 950 TWh by 2030
- —AI data centers to triple power consumption over the same period
- —About 20% of planned data center projects risk delays due to power grids
- —Core Scientific and Hut 8 are converting some capacity to AI/HPC
Why it matters: Rising data center power demand intensifies miners' competition for electricity, but opens the opportunity to monetize infrastructure through AI.
Source: TokenPost