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U.S. Data Centers' Power Demand Surges to 46,000 MW: What's Driving the Growth?
US data centers hit 46,000 MW power demand, driven by AI & crypto. Can the grid keep up? Renewable energy may hold the key to sustainability.
In the third quarter of 2024, their power demand reached 46,000 megawatts (MW), a huge increase driven by artificial intelligence (AI) and cryptocurrency mining. Hyperscale data centers are increasingly signing long-term power purchase agreements (PPAs) with wind and solar farms. Amazon and Microsoft are also investing heavily in wind and solar projects to offset their growing data center footprints.
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