Goldman Sachs Projects 165% Data Center Power Surge by 2030, Repositioning US Utility Stocks
Data center electricity demand will rise 165% by 2030, Goldman Sachs projects, creating a structural tailwind for grid-connected utilities and nuclear operators. The US grid was designed for 1-2% annual growth, giving existing capacity scarcity value. Energy infrastructure firms near major AI compute clusters are drawing renewed investor attention.
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