10 April 2025 | Gas

IEA: AI data centers will increase gas consumption by 2030

IEA: AI data centers will increase gas consumption by 2030

According to the International Energy Agency (IEA), the growth of AI data centers will double electricity demand by 2030. Consequently, the need for coal and gas will also increase.

In the US, natural gas is used in 40% of data centers, and its demand will rise as these facilities proliferate. Although the adoption of renewable energy sources is gaining momentum, their intermittent nature means that natural gas remains the preferred resource for maintaining stable operations, as reported by Bloomberg.

Meanwhile, United States President Donald Trump has previously promoted policies to increase coal usage for energy-intensive facilities. In China, coal is already leading the energy consumption structure of data centers, the agency noted.

As Bloomberg reports, the scale of growth in data center electricity demand by 2035 remains uncertain. Estimates range from 700 to 1,700 terawatt-hours. Hence, gas consumption forecasts vary, the agency's analysts emphasize.

Period: 30.09.2026 Expectation: 250 pips
Buying EURUSD from 1.1650
Today at 10:15 AM 17
Gold buy
Period: 30.09.2026 Expectation: 2500 pips
Invest in gold from $4,550
Today at 10:15 AM 19
Brent sell
Period: 30.09.2026 Expectation: 250 pips
Brent crude sell-off targets $88.50
24 August 2026 40
Period: 30.09.2026 Expectation: 550 pips
Go short on SPX down to $7,600
24 August 2026 32
Period: 21.09.2026 Expectation: 2100 pips
Go short on USDCAD as dollar index hits three-month lows
21 August 2026 50
Period: 28.08.2026 Expectation: 1002 pips
GBPUSD is likely to climb further next week
21 August 2026 57
Go to forecasts