Avery Fairbank reposted this
McKinsey & Company has just released a new forecast for data center capacity. They're now projecting a staggering 83GW capacity by 2030 - a dramatic 48% increase from their September 2023 estimate of 56GW. The energy implications are profound. In 2023, data centers consumed about 147 TWh, representing 3-4% of US power demand. By 2030, that's expected to skyrocket to 606 TWh - a whopping 11-12% of US power demand. We're looking at a 312% increase in just seven years! Industry giants are responding with bold moves: ✅ Amazon & Citadel: $500M stake in X-energy for small modular reactors ✅ Google: Ordered six SMRs from Kairos Power Capital is flooding into this space at an unprecedented rate: ✅ Apollo Global Management estimates a $15-20T market for digital infrastructure over the next decade. ✅ Microsoft and BlackRock are mobilizing up to $100B for AI infrastructure investments. #DataCenterGrowth #AIInfrastructure #TechTrends #EnergyFuture