Power Surge? Trump, AI Energy Demand and Investment

March 19, 2025

As 2025 begins, shifting US policies are creating both opportunities and uncertainties for infrastructure investors.

In December 2024, the US Department of Energy released a report, authored by the Lawrence Berkley National Laboratory (LBNL), analyzing data center energy demand from 2014 to 2028. The report highlights that data center power demand tripled over the past decade and “is projected to double or even triple by 2028”. This highlights a significant trend with implications for infrastructure, utilities, and the broader investment landscape.

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