Natural Gas Power Plant Expenses Soar 66% Amid Rising Data Center Energy Needs

2026-04-27 · TechCrunch AI · Original

The costs associated with constructing natural gas power plants have nearly doubled over the past two years, driven by a significant increase in electricity demand from data centers. This surge in demand has resulted in power plant construction taking approximately 23% longer than before. As more companies rely on data centers to support their operations, the strain on energy resources has become increasingly apparent, pushing up costs and project timelines. Industry experts are now closely monitoring these trends as they indicate a growing challenge in meeting the energy needs of the digital age.