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Bloomberg

Most Electricity Sought for AI Data Centers in US Will Never Materialize

Wednesday, August 12, 2026


More than two-thirds of the electricity capacity requested by AI data center developers in the United States may not be built, according to an analysis of proposed projects. The assessment identifies projects categorized as unlikely to proceed or high-risk ventures among the applications submitted to power utilities. The analysis did not specify which projects were classified as phantom or the methodology used to reach the two-thirds figure.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-12/most-electricity-sought-for-ai-data-centers-in-us-will-never-materialize

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