US Electricity demand is increasing.
After stagnating over the last decade, Goldman Sachs expects US electricity demand to rise at a 2.4% compound annual growth rate (CAGR) through 2030 – adding approximately 47 gigawatts (GW) of additional power – with data centers accounting for roughly 0.90% of the 2.4% annual growth rate.
The growth needed in power generation is creating widespread investment opportunities across the traditional and renewable energy landscape, as well as in power transmission and grid modernization.
If you have questions or would like to discuss investing in real assets including power plants, renewable energy and/or data centers, please contact Versus Capital.