Smart Power: Will AI Spike Electricity Demand or Reduce It Through Efficiencies?
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Smart Power: Will AI Spike Electricity Demand or Reduce It Through Efficiencies?

30 May 2024 / Article

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Demand for data centers and computing power for artificial intelligence (AI), cloud storage, and crypto assets have led some analysts to predict dramatic increases in electricity demand, potentially overloading the US grid. Businesses need to manage their power demand, monitor grid disruptions and constraints, and realize efficiencies from greater computing power.

Demand for data centers and computing power for artificial intelligence (AI), cloud storage, and crypto assets have led some analysts to predict dramatic increases in electricity demand, potentially overloading the US grid. Businesses need to manage their power demand, monitor grid disruptions and constraints, and realize efficiencies from greater computing power.

Authors

Alexander Heil, PhD

Alexander Heil, PhD Alexander Heil, PhD

Senior Economist
The Conference Board

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Ivan Pollard

Ivan Pollard Ivan Pollard

Marketing & Communications Center Leader
The Conference Board

Read Bio

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