U.S. Utilities Are Baffled by Phantom Data Centers

America’s electric utilities are preparing for the surge in electricity demand coming with the data centers powering AI. Utilities have increased investments as they see unprecedented demand growth in the coming years after two decades of flat U.S. electricity consumption.    But they are grappling with increased levels of uncertainty because not all requests for interconnection they receive will materialize in actual data centers, necessitating electricity supply.   Phantom Data Centers Hyperscalers and AI-focused…