New Delhi, Jan. 29 -- Everyone's talking about compute. Few are talking about energy and power, and the associated market opportunities.

U.S. data centers consumed 183 terawatt hours of electricity in 2024, accounting for just over 4% of total national consumption. By 2030, that figure is projected to more than double to 426 terawatt hours. To put that in perspective, it's equivalent to adding the entire electricity demand of Germany to the American grid in just six years.

The problem isn't generating that power. It's delivering it.

America's electric grid was designed for a different era. Large centralized power plants fed electricity in one direction to consumers whose demand was predictable, seasonal, and grew slowly. Utilities coul...