June 17, 2024
As the data center (“DC”) industry grapples with transformation and unprecedented growth, most recently driven by the deployment of generative artificial intelligence (“AI”) at scale, it stands at an important inflection point.
Given a rapid convergence of trends across the digital infrastructure, technology and energy sectors, the DC industry is rapidly evolving to secure remaining power in a constrained market to build the new, massive facilities needed to house AI workloads. Utility and independent power producers (“IPPs”) are uniquely positioned to partner with the DC industry to accelerate the development cycle and capitalize on the outsized sector growth. In this article, FTI Consulting’s experts discuss current market trends and offer perspectives on the implications for the DC and power industries.