Article

Data center power demand in the U.S. is expected to rise from 50 GW in 2024 to approximately 134.4 GW by 2030, reflecting the growth of AI workloads. Currently, 41% of electricity comes from natural gas, with 24% from renewables, 20% from nuclear, and 15% from coal.

With data centers consuming over 10% of total electricity in some states, including over 25% in Virginia, developers face challenges in securing reliable power. Options include sourcing electricity from the grid, behind-the-meter power purchase agreements, build-transfer agreements, and virtual power purchase agreements, each with its own risks and benefits.