Data centers will consume 945 TWh by 2030 — equal to Japan's entire annual electricity use.
IEA: data centers will consume 945 TWh by 2030 — equal to Japan's entire annual electricity use. Microsoft $16B, Amazon $20B+, Google 500MW. This isn't an energy story — it's a capital-allocation story.
ChatGPT consumes 10× the energy of a Google search. Nuclear is the only viable option to fill that gap: a 92% capacity factor vs. 25% for solar, 35% for wind.