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Utility Investment

Data Center Boom Could Drive $1.4 Trillion in Utility Spending on Grid Upgrades

Data Center Boom Could Drive $1.4 Trillion in Utility Spending on Grid Upgrades

A new report from PowerLines reveals that U.S. utility firms may invest up to $1.4 trillion in grid upgrades over five years to meet surging electricity demand from data centers, but tech companies could mitigate costs through direct financing or onsite generation.

April 24, 2026
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