The Goldman Sachs Group Inc.

03/04/2026 | Press release | Distributed by Public on 03/04/2026 09:10

GS SUSTAIN: How Rising Hyperscaler Reinvestment Impacts the 6 Ps Driving Power Growth/Constraints

Goldman Sachs Research raises their data center power demand outlook and now expects 220% growth by 2030 vs. 2023 levels (vs +175% previously). This report explores how rising hyperscaler reinvestment impacts six key factors-Pervasiveness of AI, Productivity of servers and compute, Prices of electricity needed to expand supply, Policy initiatives, Parts availability, and People availability-that will shape opportunities and challenges for energy infrastructure and investment.

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