Feb 5th, 2026
Is Data Center Demand Overhyped? One Utilities Analyst Thinks So
The energy sector has been getting a boost from AI, with an extra 94 gigawatts forecast to be needed by 2030 to power all these data centers. But one long-time utilities analyst is calling out the boom as an infrastructure overbuild. Andy DeVries, head of investment grade credit and head of utilities and power at CreditSights, tells Joe Weisenthal and Tracy Alloway the math behind his analysis.





