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Concerns Over Data Center Power Shortages and Energy Sector Trends

The Motley Fool +1 ·

CEG Constellation Energy Corp
$279.54 -5.49%
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  1. 1Morgan Stanley analysts calculated that a 32GW power shortage will occur in US data centers by 2028.
  2. 2Goldman Sachs projected a 170% growth rate in global data center power demand between last year and 2030.
  3. 3Bloom Energy recently achieved profitability.

So what's the key point?

Predictions suggest there will be a shortage of electricity to run data centers. This could create opportunities for energy-related companies.

Source The Motley Fool +1 · View original ↗

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