We need more power: Global data center power demand is now expected to rise to a record 1,596 terawatt-hours by 2035. That would mark a +255% increase from 2025 levels. The US is set to remain the leader in consumption with a +144% surge in demand over this period, to 430 terawatt-hours. China's demand is projected to rise +255%, to 397 terawatt-hours, while European demand is expected to surge +303%, to 274 terawatt-hours. New data centers coming online between now and 2030 will need more than 600 terawatt-hours of electricity. This is enough to power ~60 million homes. AI growth will be contingent on generating more power.