Data Center Boom Leads to 66% Increase in Natural Gas Power Plant Expenses

2026-04-27 · TechCrunch AI · Original

The demand for electricity from data centers has resulted in a staggering 66% rise in the costs associated with natural gas power plants, nearly doubling in just two years. Alongside this financial surge, construction times for these facilities have extended by 23%, making the development of new power sources more challenging. As digital infrastructures expand and reliance on cloud services grows, the need for efficient and reliable energy sources becomes increasingly critical. This trend illustrates the increasing pressure on the energy sector to adapt to the surging energy requirements of the tech industry.