AI data centres 'could need more power than whole of US' by 2050

Tech giants including Amazon, Google and Microsoft could each use more power than entire countries by mid-century, says Wood Mackenzie study

Amazon and its cloud computing subsidiary Amazon Web Services are together the largest private buyers of green power on the planet.
Amazon and its cloud computing subsidiary Amazon Web Services are together the largest private buyers of green power on the planet.Photo: Amazon Web Services

The booming power demands of artificial intelligence and data centres could outstrip that of the entire United States by 2050, according to a new report.

The stratospheric growth in power demand from data centres, which has been accelerated by the proliferation of AI tools such as ChatGPT in recent years, is set to play a key role in the energy transition.

AI and data centres last year consumed around 500TWh of power, according to a new Energy Transition Outlook published by energy consultancy Wood Mackenzie.

To put that in other terms, if AI and data centres were a country, they would already have the ninth largest electricity demand globally – nestled between South Korea (8th) and Germany (10th).

By 2050, WoodMac estimates AI and data centres could together use up to a staggering 4,500TWh of power.

That would have been enough to power the entire US last year, with enough change left over to keep the lights on in France as well.

Inside an Amazon Web Services data centre.Photo: Amazon Web Services
"Burgeoning data-centre development, a resurgence in energy-intensive US manufacturing, and greater transport and heating electrification will result in electricity demand growth not seen since the 1990s," David Brown, director of the energy transition practice at WoodMac, told Recharge.

"New demand growth also heralds an era of upward pressure on wholesale power prices. While the challenges of meeting electricity demand growth loom large, the prize for both utilities and developers that can adapt most quickly will be substantial."

The surge in power demand from AI-enabled data centres has turned tech giants including Amazon, Google and Microsoft into some of the largest corporate power consumers globally – as well as the largest corporate buyers of green power.

Amazon last year snapped up 8.8GW of clean energy capacity, according to BloombergNEF, making it easily the largest buyer globally. Now at 33GW, BNEF said Amazon’s clean power fleet is larger than the entire generation capacity of countries including Belgium and Chile.

With their near-insatiable power demands, WoodMac noted that tech giants are increasingly interested in nuclear due to its ability to supply round-the-clock baseload electricity, compared to variable generation from wind and solar.

Microsoft, Amazon and Google have all signed power purchase agreements with nuclear developers for their data centres in recent months, with Google having inked the world’s first-ever corporate offtake deal for small modular reactor plants.
Microsoft last year signed a deal with a developer for what would be the world’s first-ever commercial scale power from a nuclear fusion reactor, further showing the willingness of Big Tech to make big bets on technologies of the future.

Those technologies also include green hydrogen, advanced geothermal and long-duration energy storage, all of which are technologies that could play a key role in stabilising a global power grid that will become increasingly dominated by variable wind and solar.

Goldman Sachs has estimated that meeting the power demands of AI represents an almost $1tn investment opportunity for the renewables sector in Europe and the US alone over the next decade.
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Published 29 October 2024, 11:05Updated 29 October 2024, 11:05
Wood MackenzieUKEurope