Mike Adams

1 week ago | newenergyreport.com | Belle Carter |Lance Johnson |Mike Adams |Ramon Tomey

The rise of AI is driving an unprecedented surge in global electricity demand, with AI-related firms adding $12 trillion to the S&P 500 since 2022. Data centers, the backbone of the digital age, are experiencing explosive growth, consuming 1.5 percent of the world’s electricity in 2024 (415 TWh). This is projected to more than double by 2030, reaching 945 TWh, surpassing Japan’s total electricity consumption.