Surge in Data Center Demand Leads to 66% Increase in Natural Gas Power Plant Costs

2026-04-27 · TechCrunch AI · Original

The cost of constructing natural gas power plants has nearly doubled over the past two years, driven primarily by the soaring electricity demands from data centers. Additionally, the time required to complete these plants has extended by 23%, reflecting the growing urgency for reliable energy sources. This trend highlights the increasing strain on energy infrastructure as technology companies expand their operations and require more power for their data centers. As the digital landscape continues to evolve, the necessity for efficient and sustainable energy solutions becomes more critical.