{"id":212871,"date":"2026-02-13T00:02:00","date_gmt":"2026-02-13T05:02:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/02\/13\/utilities-soar-on-surging-power-demand-from-data-centers\/"},"modified":"2026-02-13T00:15:08","modified_gmt":"2026-02-13T05:15:08","slug":"utilities-soar-on-surging-power-demand-from-data-centers","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/02\/13\/utilities-soar-on-surging-power-demand-from-data-centers\/","title":{"rendered":"Utilities Soar On Surging Power Demand From Data Centers"},"content":{"rendered":"

Utilities Soar On Surging Power Demand From Data Centers<\/a><\/p>\n

https:\/\/www.thedailyupside.com\/technology\/artificial-intelligence\/utilities-soar-on-surging-power-demand-from-data-centers\/<\/a><\/p>\n

Publish Date: 2026-02-13 00:02:00<\/a><\/p>\n

Source Domain: www.thedailyupside.com<\/a><\/p>\n

They may look like Plain Jane utilities to you and me. But to the AI industry, they\u2019re Helen of Troy: the faces that launched a thousand server racks.\u00a0<\/p>\n

In respective earnings reports on Thursday, utilities giants Pacific Gas & Electric (PG&E) and American Electric Power (AEP) both reported a surge in power demand due to the massive and ongoing expansion of the energy-starved data centers fueling the artificial intelligence boom, following similar earnings reports featuring bumper profits from Duke Energy and Ameren earlier this week. But the good times may not last, and the reason has nothing to do with the AI panic attacks gripping investors every other day lately: the\u00a0dynamic between AI firms and utility companies is drawing bipartisan scrutiny.<\/p>\n

Gridlocked<\/strong><\/h2>\n

Utilities are matching Silicon Valley\u2019s capex boom to keep pace with Big Tech\u2019s big power demands. Last year, PG&E said it planned to invest $73 billion by the end of the decade to match the surging power demand. AEP said on Thursday it is expanding its own capex plans beyond the $72 billion it had previously announced it would spend by 2030, by as much as $8 billion.\u00a0<\/p>\n

Those costs, however, are often passed down to the consumer \u2014 and if you haven\u2019t felt the pinch of rising electricity prices yet, consider it a stroke of mere geographic luck. In the aggregate, electricity prices jumped 6.9% in the US last year, according to a Goldman Sachs note. That\u2019s more than double the headline inflation rate of 2.9%. Goldman also said that consumers can expect another 6% rise in electricity prices in 2027, and another 3% by 2028. Over the next decade, data centers will account for 40% of all electricity demand growth. So far, it\u2019s been mostly great for utility firms. Duke Energy, for instance, reported full-year net income of $5 billion in 2025, up more than 9% year-over-year and more than 43% since 2023.\u00a0<\/p>\n

It\u2019s been less great for inflation-lashed consumers, however, and lawmakers have…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Utilities Soar On Surging Power Demand From Data Centers https:\/\/www.thedailyupside.com\/technology\/artificial-intelligence\/utilities-soar-on-surging-power-demand-from-data-centers\/ Publish Date: 2026-02-13 00:02:00 Source…<\/p>\n","protected":false},"author":1,"featured_media":212872,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.thedailyupside.com\/wp-content\/uploads\/2026\/02\/getty-images-5jzNmwx_dHM-unsplash-scaled-e1770934557651.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-212871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/212871"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=212871"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/212871\/revisions"}],"predecessor-version":[{"id":212873,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/212871\/revisions\/212873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/212872"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=212871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=212871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=212871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}