Wall St Engine(@wallstengine):AUSTRALIA DATA-CENTER POWER DEMAND SEEN JUMPING 7X Australia expects data-center electricity use to rise to 34 TWh by 2035-36, lifting its share of national power demand to 13% from just 3% today. The boom could drive as much as A$150B in data-center investment by 2030, but comes as 13 GW of coal and nearly 2 GW of gas generation are scheduled to retire over the next decade. AEMO warns data-center demand can come online much faster than new power infrastructure, increasing the risk of grid bottlenecks and higher electricity costs.

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Wall St Engine@wallstengine

2026.08.24 14:27

AUSTRALIA DATA-CENTER POWER DEMAND SEEN JUMPING 7X Australia expects data-center electricity use to rise to 34 TWh by 2035-36, lifting its share of national power demand to 13% from just 3% today. The boom could drive as much as A$150B in data-center investment by 2030, but comes as 13 GW of coal and nearly 2 GW of gas generation are scheduled to retire over the next decade. AEMO warns data-center demand can come online much faster than new power infrastructure, increasing the risk of grid bottlenecks and higher electricity costs.