Surge in Data Center Power Demand Forecast Draws Attention to Power Suppliers
GEV GE Vernova Inc
$941.78 -6.20%
View chart & analysis → - 1McKinsey expects an annual growth rate of 24% in data center power demand through 2030.
- 2Vistra recorded adjusted operating income of approximately $1.8 billion in Q2 2026, achieving a year-over-year growth rate of over 30% for its Q2 2026 adjusted operating income.
- 3GE Vernova's data center orders for the first half of 2026 reached $5 billion, more than double the total figure for 2025.
So what's the key point?
Data center electricity usage is expected to grow by 24% every year. Companies like Vistra and GE Vernova are gaining attention.
Source The Motley Fool +2 · View original ↗
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