Power hungry: How AI will drive energy demand
Power hungry: How AI will drive energy demand
Christian Bogmans,Ganchimeg Ganpurev,3 Authors,Sneha Thube
2026 · DOI: 10.1016/j.eneco.2026.109278
Energy Economics · 12 Citations
TLDR
How AI-driven data center growth affects electricity consumption, electricity prices is examined using descriptive statistics and a multi-country computable general equilibrium model (IMF-ENV).
Abstract
: The development and deployment of large language models like ChatGPT across the world requires expanding data centers that consume vast amounts of electricity. Using descriptive statistics and a multi-country computable general equilibrium model (IMF-ENV), we examine how AI-driven data center growth affects electricity consumption, electricity prices