Powering the AI Era: How Wave Energy Can Complement a 24/7 Energy Mix
Key Highlights
- ➤Data center electricity demand projected to roughly double to 950 TWh by 2030
- ➤Wave-inclusive portfolio cuts modeled 2032 generation capacity 39%, to 386 MW
- ➤Modeled 2032 storage capacity falls more than 90%, from 3 GWh to 14.6 GWh
- ➤Modeled 2032 electricity cost drops 26%, from $114.5/MWh to $84.6/MWh
- ➤Wave energy reduced modeled system costs 39% in 2040 and 45% in 2050
AI is reshaping what data centers need from infrastructure systems. For example, access to power and grid capacity can shape where - and how quickly - AI infrastructure scales. Part of the solution is a broader mix of energy sources alongside more efficient, resilient infrastructure.
According to the International Energy Agency's latest outlook, global data center electricity consumption is projected to roughly double, from 485 TWh in 2025 to approximately 950 TWh by 2030. For customers and partners across the data center ecosystem, the challenge is not only securing enough electricity but having it available around the clock-with the reliability and affordability their operations require, and an emissions profile aligned with their goals.
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