Data Centers Are Running Out of Power — And Behind-The-Meter Generation Could Be the Answer

NEW YORK, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Market News Updates News Commentary Counter- The AI boom has created a problem that has nothing to do with chips — there simply isn’t enough electricity available fast enough. Data centers are getting bigger, AI workloads are getting more power-hungry, and connecting a new facility to the traditional power grid can take years. That is why behind-the-meter power is suddenly getting so much attention. Instead of waiting around for the grid, data center operators can put power generation right next to the facility. Natural gas, batteries, solar, fuel cells and other technologies can all play a role. The numbers are getting huge: the IEA expects global data center electricity consumption to roughly double from 485 TWh in 2025 to about 950 TWh by 2030. Active companies in the nuclear and behind the meter industries include: Elemental Nuclear Energy Corp., Constellation Energy Corporation (NASDAQ: CEG), NuScale Power Corporation (NYSE: SMR), Oklo Inc. (NYSE: OKLO), NANO Nuclear Energy Inc. (NASDAQ: NNE), Brookfield Renewable (NYSE: BEP).