🇦🇺 English, 24 October 2026, Ghost Projects
Data Center Boom Falters on Electricity Shortages and Dubious Projects
AI data center projects are being delayed or canceled due to electricity shortages and speculative developments.
Bernstein Research found that only 35% of announced US data center capacity is likely to become reality, with many projects being dubbed ‘Bragawatts’ due to their dubious nature.
Developers are submitting multiple requests for electricity connections, with some locations in Texas receiving over five times the state’s existing electricity supply.
Even experienced builders like Amazon are struggling to secure enough electricity for their AI equipment, highlighting the challenges of the data center boom.