In January 2024, the International Energy Agency (IEA) released Electricity 2024, Analysis and Forecast to 2026, forecasting electric power use. This is the first IEA report to make projections for data centers and power consumption for artificial intelligence and cryptocurrency. The report states that power demand for these uses might double by 2026, with additional electric power usage equal to electricity used by the whole Japanese nation.
In January 2024 the International Energy Agency (IEA) released Electricity 2024 Analysis and Forecast to 2026 forecasting electric power use This is the first IEA report to make projections for data centers and power consumption for artificial intelligence and cryptocurrency The report states that power demand for these uses might double by 2026 with additional electric power usage equal to electricity used by the whole Japanese nation