Utility Dive•29 days ago
Moody’s sees $3T in data center spending by 2030
Key Takeaway
Massive data center growth presents significant opportunities for power developers and infrastructure providers, but escalating costs and severe power constraints will challenge project timelines and grid stability.
AI Summary
- •Moody's projects $3 trillion in data center investment by 2030, signaling massive growth in demand for power infrastructure.
- •Rising construction costs and significant power constraints are expected to prolong data center development timelines.
- •Despite these challenges, underlying demand for data center capacity remains robust, indicating continued pressure on grid resources and power supply.
Topics
datacenterfinancinginterconnectpolicyqueuetransmission