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Data center power demand will double over the next five years


Data centers are expected to continue growing at a breakneck pace, doubling their power demand by 2029, according to a new report from JLL. The industry’s

Most large power plants take years to build and commission, and those that are faster to deploy, like solar and wind, have been stymied by long waits to connect to the grid. Microsoft, which is also heavily invested in renewables, is working with power provider Constellation to restart a nuclear reactor at Three Mile Island that was shuttered in 2019. And Switch, a data center company, signed an agreement with Sam Altman-backed nuclear startup Oklo for a whopping 12 gigawatts of electricity by 2044.

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