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$1.4T Utility Spend for AI Boom

$1.4T Utility Spend for AI Boom

US investor-owned utilities plan $1.4 trillion in capital spending by 2030, double the prior decade's investment. Over 30 utilities cite data centers as top growth driver due to AI. Residential electricity prices projected to rise 5.1% this year.

The Next Web (TNW)MediaApr 15#data-centers#power-grid#ai-energy
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