GS SUSTAIN: AI/data centers' global power surge: The push for the 'Green' data center and investment implications

Goldman Sachs Research continues to see global data center power demand growing 165% by 2030 vs. 2023 levels, as well as Big Tech taking an all-in approach to sourcing power and pursuing low-carbon solutions. While GS Research continues to assume renewables meets only 40% of data center power demand growth through 2030, they see potential for a significant rise in nuclear share in the 2030s.