America’s AI boom needs $140b in new power plants, new estimate shows


America’s AI boom needs $140b in new power plants, new estimate shows


NEW YORK – America’s data centre boom will need US$110 billion (S$140 billion) to build 45 gigawatts (GW) of new power generation through 2030, according to an analysis by Moody’s Ratings.

The vast majority of that new supply – more than 30 GW – will come from natural gas-fired units and represents about 4 billion cu ft of incremental gas supply, according to a report on Sept 14.

The bulk of the remaining supply will come from solar and energy storage, with nuclear restarts accounting for less than 5 per cent. One GW is roughly equivalent to the output of a traditional nuclear reactor...

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RSK: As I have said many times. There is a lot of money in data centers. I think a good solution can be worked out in terms of power demand and who will pay for it.

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- - Volume: 26 - WEEK: 39 Date: 9/22/2026 2:42:58 PM -