电力评论_美国数据中心_快速增长与持续集中-Power Comment_ US Data Centers_ Rapid Growth and Sustained Concentration

Summary of US Data Centers: Rapid Growth and Sustained Concentration Industry Overview - The report focuses on the data center industry in the United States, highlighting rapid capacity growth and market concentration in established regions while also noting the emergence of new markets [1][4]. Key Insights - Capacity Growth: US data center capacity is projected to reach 46 GW by the end of October 2025, reflecting a 37% year-over-year increase [4][14]. - State Concentration: Of the 12.4 GW of new data center capacity added year-to-date, 7.6 GW (approximately 61%) is concentrated in the top five states: Virginia, Texas, Oregon, Ohio, and Iowa [4][9]. - Virginia's Dominance: Virginia remains the largest market with a 33% year-over-year growth, while Texas and Georgia are expanding even faster, both showing a 57% year-over-year growth as of October 2025 [4][14]. - Emerging Markets: Data centers are expanding into 31 states year-to-date, up from 22 states in 2024, although the scale of additions in newer markets is still modest [4][14]. - Power Availability: In regional power markets, power availability has been a more significant driver of data center expansions than time-to-client [4][11]. The PJM, ERCOT, and Southeast regions account for 64% of the year-over-year US data center capacity additions [4][5]. Future Projections - An additional 4 GW of data center capacity is expected to be added in the US by year-end, primarily in leading states, with another 63 GW of new projects announced for development over the next few years [4][6]. Competitive Landscape - The report indicates that several large power markets, including CAISO (California), MISO (Mid-Continent), and PJM (Mid-Atlantic), are likely to become critically tight due to rapid data center growth [5][4]. Additional Insights - The competitiveness scores for data centers are based on various factors, including data-intensive GDP, data center capacity in 2025, peak summer effective spare capacity, and long-distance power transmission infrastructure [2][13]. - The report emphasizes that the data center industry's growth is heavily influenced by regions that offer quick time-to-client and abundant power availability, with Texas and Georgia emerging as highly competitive states [4][15]. Conclusion - The US data center industry is experiencing significant growth, driven by established markets and emerging regions, with power availability being a critical factor in location choice. The competitive landscape is evolving, with potential tightness in major power markets anticipated in the near future [4][5][6].