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Gensets & On-site Power

BloombergNEF tracks 181 GW of gas-fired generation proposed alongside data centres, more than 90% of it in the US, and sees data centre demand almost quadrupling by 2035

. Source published 11 Nov 2026. Original reporting: BloombergNEF (press release) (opens in a new tab).

What changed

BloombergNEF said on 11 November, in a report commissioned by Bloomberg Philanthropies (Powering the Data Center Boom: How Grid Policy Can Deliver Clean Power Faster), that it expects data centre electricity demand to almost quadruple to 2,354 TWh by 2035, equal to 7% of global electricity consumption. It has tracked 181 GW of announced gas-fired generation proposed alongside data centres, more than 90% in the US, and says this pipeline varies widely in maturity and is an indication of potential scale, not a forecast of what will be built. If all announced on-site gas plants for US data centres were built and run on BNEF's assumptions, they would emit about 345 million tonnes of CO2 equivalent a year, 152 million tonnes more than if the same capacity drew average US grid power. The report reviews grid connection policies in 17 markets and finds limited evidence so far on which work best. For India it puts data centre demand rising from 11 TWh in 2025 to 91 TWh in 2035, and for Malaysia from 7 TWh to 45 TWh. These are BNEF's modelled figures.

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Read the original: BloombergNEF (press release): BloombergNEF tracks 181 GW of gas-fired generation proposed alongside data centres, more than 90% of it in the US, and sees data centre demand almost quadrupling by 2035 (opens in a new tab)
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