According to analysis by Stocklytics.com, AI data centre electricity consumption threatens to surpass Belgium’s overall usage in the next two years, with predictions that AI data centres will demand well over 90TWh by 2026. This comes in stark contrast to 2022, when their power usage was nearly nil.
Stocklytic’s Financial Analyst, Edith Reads, comments, “Electricity has become an indispensable resource for nearly every industry. With AI data centres heightening demand for power supply, it may lead to a more augmented strain on electricity grids around the world. Amazon’s chief already hinted at a derail in their AI project, due to ‘not enough energy’ – signalling that AI industries could consume more energy than expected in the coming years.”
