Data center capacity will nearly triple by 2030. The grid won't keep up.

McKinsey projects global data center capacity will nearly triple by 2030. AI workloads alone grow 3.5x. Total investment needed: $6.7 trillion.

There’s just one problem. New US data center announcements fell 49% last quarter. Not because demand dried up. Because the grid can’t keep up.

The largest hyperscalers aren’t waiting for utilities to solve it. They’re building their own power generation onsite, converting natural gas to electricity directly. It even has a name: behind-the-meter generation.

The next generation of data centers won’t just consume power. They’ll generate it.