Energy and Utilities Data Center Market Size, Share & Forecast to 2035

The Energy and Utilities Data Center Market is valued at USD 18.32 billion in 2026 and is projected to reach USD 38.42 billion by 2035, up from USD 16.58 billion in 2025, a CAGR of 8.77% from 2025 to 2035 (DC Market Insights estimate). Two very different buyers drive it. Oil and gas companies run some of the largest private supercomputers in the world for seismic imaging: Eni’s HPC6 and HPC7 together sustain 1,048 petaflops (Eni, June 2026). Electric utilities, meanwhile, handle far more grid data: 140.49 million advanced meters were installed in the United States in 2024, 83.6% of all meters (U.S. Energy Information Administration, 2025). The 2025 value rests on 4,100 megawatts (MW) of information technology (IT) load that energy companies run for their own operations x USD 4.04 million of yearly spending per MW = USD 16.58 billion, of which USD 12.20 billion is servers, storage and networking. AI and advanced analytics is the fastest workload at 20.94% a year, and Middle East and Africa is the fastest region at 10.46% because Gulf national oil companies are building their own AI and supercomputing capacity.

Key Market Statistics: How Big Is the Energy and Utilities Data Center Market in 2026?

DC Market Insights values energy and utility data center spending at USD 18.32 billion in 2026, 10.45% above 2025, as GPU clusters for subsurface work and grid AI add load on top of control-center and metering systems.

• Energy and utilities data center market size 2025: USD 16.58 billion
• Market size 2026: USD 18.32 billion
• Market size 2030: USD 25.90 billion
• Market size 2035: USD 38.42 billion
• CAGR 2025-2035: 8.77% (low case 7.01%, high case 10.20%)
• Largest component: IT hardware, USD 12.20 billion or 73.5% of 2025 value
• Fastest workload: AI and advanced analytics, 20.94% a year to USD 9.99 billion by 2035
• Largest end user: electric utilities, USD 5.97 billion in 2025; fastest: renewable and independent power producers at 12.49%
• Leading region: North America, USD 5.47 billion or 33.0% of 2025 value; fastest region: Middle East and Africa at 10.46%
• Largest country: United States, USD 4.64 billion in 2025; fastest large country: India at 13.73%
• Market leaders: Hewlett Packard Enterprise, Dell Technologies, Lenovo and Huawei Technologies in servers, with Microsoft, Amazon Web Services (AWS) and SLB in hosted energy platforms (DC Market Insights assessment)

Executive Summary: Energy and Utilities Data Center Market Size, 2020-2035

The Global Energy and Utilities Data Center Market size was valued at USD 12.07 billion in 2020, reached USD 16.58 billion in 2025, and is anticipated to reach USD 38.42 billion by 2035, at a CAGR of 8.77% during the forecast period. Growth was 6.56% a year from 2020 to 2025, when utilities rolled out smart meters and oil companies refreshed their seismic clusters; it rises from 2025 because an AI rack costs about three times more per MW-year than a conventional rack.

Attribute	Value
Historical period	2020-2024
Base year	2025
Forecast period	2026-2035
Market size 2025	USD 16.58 billion
Market size 2026	USD 18.32 billion
CAGR 2025-2035	8.77%
Market size 2035	USD 38.42 billion
Segments covered	Component, end user, workload, facility type, region, 12 countries

Spending is moving out of corporate and control-center halls: they grow only 4.34% a year to USD 13.45 billion in 2035, while field and substation edge sites reach USD 10.37 billion and colocation and cloud-hosted capacity USD 14.60 billion. AI and advanced analytics rises from 9.0% of 2025 value to 26.0% in 2035.

What Counts as an Energy and Utilities Data Center?

USD 16.58 billion in 2025: the data center capacity that electric, gas and water utilities, oil and gas companies, power producers, oilfield service firms and energy traders own or lease to run their own business, counted from the server to the building.

Included: servers, storage and networking in company sites (USD 12.20 billion); colocation and cloud-hosted capacity fees paid by energy companies (USD 2.28 billion); uninterruptible power supply (UPS), cooling and switchgear in owned sites (USD 1.54 billion); and construction and fit-out (USD 574.00 million). Grid control centers running supervisory control and data acquisition (SCADA), energy management and advanced distribution management systems, meter data platforms, seismic and reservoir supercomputers, trading floors and corporate IT all count.

Excluded: data centers that energy companies build or power for outside customers, the electricity sold to data centers, field devices such as meters and sensors, and operational equipment in substations and plants.

How the segments fit together: every split (component, end user, workload, facility type, region) sums to USD 16.58 billion in 2025 and USD 38.42 billion in 2035. The model is built in MW: 4,100 MW in use in 2025, of which 1,025 MW is leased or cloud-hosted, 902 MW sits in field and substation edge sites and 205 MW runs on GPU racks.

Why Do Energy and Utilities Data Center Market Estimates Differ?

Published figures differ by several times because some count energy companies as data center landlords and power suppliers; the DC Market Insights value of USD 18.32 billion in 2026 covers only capacity used for their own operations.

Broader definitions add the data centers that utilities now develop for others. Iberdrola and Echelon formed a venture in November 2025 to invest more than EUR 2 billion in Spanish data centers, starting with a 144 MW site at Madrid Sur (Iberdrola, November 2025); that capacity serves cloud tenants and belongs to the colocation market. Other studies add the power plants, gas turbines and grid connections that energy companies sell to data centers, such as Halliburton and VoltaGrid’s 400 MW of modular gas power for 2028 (Halliburton, December 2025), or count all utility IT spending including software licences.

Element	In this report	Why
Servers, storage, networking in energy company sites	Yes, USD 12.20 billion (2025)	Capacity the company buys and runs
Colocation and cloud-hosted capacity fees	Yes, USD 2.28 billion	Capacity the company leases
Power, cooling, construction of owned sites	Yes, USD 2.11 billion	Data center infrastructure
Control centers, substation and field edge sites	Yes, USD 3.65 billion at the edge (within the lines above)	Server-class compute in the grid and field
Data centers built by utilities for outside tenants	No	Counted in the colocation market
Power plants and grid connections sold to data centers	No	Energy supply, not data center capacity
Meters, sensors and substation equipment	No	Field devices, not data center

Small buyers are in scope: a municipal water utility with one control room and a leased rack counts the same way as a national oil company. Tenant data centers, power sold to data centers and field devices stay out of scope throughout this estimate.

Market Drivers: Why Are Energy Companies Spending More on Data Centers?

Three drivers lift spending from USD 16.58 billion in 2025 to USD 25.90 billion in 2030: petaflop-scale seismic computing, smart-meter data and new grid cybersecurity rules that let utilities virtualise control systems.

Eni and Petrobras Push Seismic Supercomputers Past 1,000 Petaflops

Eni’s HPC6, launched in November 2024 with 13,888 GPUs and 606 petaflops of peak performance, was joined in June 2026 by HPC7 at more than 861 petaflops; together they sustain 1,048 petaflops (Eni, June 2026). Petrobras is spending BRL 500 million on five new supercomputers, the largest at about 73 petaflops (Petrobras, August 2024), and ExxonMobil’s Discovery 6 runs 4,032 NVIDIA Grace Hopper superchips with 100% direct liquid cooling (ExxonMobil, 2025). DC Market Insights puts seismic imaging and reservoir computing at USD 3.48 billion in 2025.

140 Million U.S. Smart Meters Feed Utility Data Platforms

Advanced metering infrastructure (AMI) in the United States rose from 118.72 million meters in 2022 to 140.49 million in 2024 (U.S. Energy Information Administration, 2025), and Iberdrola has installed more than 11.4 million smart meters in Spain under its STAR project (Iberdrola). Every meter sends interval data that utilities store and analyse for billing, outage detection and load forecasting, which puts smart meter and customer data workloads at USD 2.16 billion in 2025, growing 8.77% a year.

FERC Order 919 Lets Utilities Virtualise Grid Control Systems

The Federal Energy Regulatory Commission (FERC) issued Order No. 919 on 19 March 2026, approving 11 modified Critical Infrastructure Protection (CIP) standards that allow virtualization in bulk electric system environments, effective 26 May 2026 (Federal Register, March 2026). Utilities can now consolidate control-center servers onto virtualised platforms and new hardware, and grid control and operational technology (OT) systems account for USD 3.48 billion of 2025 spending.

Market Trends: How Are Energy Companies Changing Their Data Centers?

Energy companies are buying AI computing, moving subsurface data to hosted platforms and pushing compute into substations; edge sites grow 11.02% a year.

Aramco Builds AI and Supercomputing Capacity with stc and Groq

Aramco and solutions by stc agreed in 2026 to deploy a USD 372.5 million upstream supercomputer with seven times Aramco Upstream’s current computing capacity, due by early 2027 (Aramco, 2026). Aramco reported USD 1.8 billion of value from AI in 2024 across 442 use cases (Aramco, 2025), and Groq runs its GroqCloud inference service from a data center in Dammam built with Aramco Digital (Groq, February 2025). Saudi Arabia accounts for USD 663.38 million of 2025 spending and grows 11.22% a year.

Subsurface Data Moves to Hosted Energy Platforms

Microsoft made Azure Data Manager for Energy, a managed platform for the Open Subsurface Data Universe (OSDU) standard, generally available in July 2023 with Aker BP, TotalEnergies and Equinor as users (Microsoft, July 2023). SLB’s Digital division grew 9% to USD 2.66 billion of revenue in 2025 (SLB, January 2026). DC Market Insights forecasts colocation and cloud-hosted capacity to grow from USD 4.15 billion in 2025 to USD 14.60 billion by 2035, the fastest facility type.

Utilities Put AI on Grid Planning

AWS launched an agentic grid planning program with Duke Energy in September 2026, citing more than 2,000 gigawatts (GW) waiting in U.S. interconnection queues at the end of 2025 (AWS, September 2026), and TotalEnergies set up a joint AI lab with Mistral AI in June 2025 (TotalEnergies, June 2025). AI and advanced analytics grows from USD 1.49 billion in 2025 to USD 9.99 billion in 2035.

Market Challenges and Restraints: What Limits Energy Data Center Investment?

Two limits keep the forecast at 8.77% a year: cybersecurity compliance costs on every grid-connected system, and competition for capital with the grid itself.

NERC CIP Deadlines Run to 2029

FERC Order No. 907 approved CIP-015-1 internal network security monitoring in June 2025, and the North American Electric Reliability Corporation (NERC) lists effective dates of 1 July 2028 for CIP-013-3 supply chain rules, 1 October 2028 for CIP-015-1 and 1 July 2029 for CIP-003-11 (NERC, October 2026). Each rule adds monitoring, logging and vendor checks to control-center data centers, which raises cost per MW but slows hardware change; owned-site electrical and mechanical spending grows only 5.21% a year.

Grid Investment Competes for the Same Capital

The International Energy Agency (IEA) expects global energy investment of USD 3.3 trillion in 2025, with about USD 400 billion a year going to grids (IEA, June 2025), and U.S. investor-owned electric companies plan to invest nearly USD 208 billion in 2025 (Edison Electric Institute, October 2025). Data center spending is a small line next to these budgets and competes with wires and substations. In the DC Market Insights low case, 2035 spending reaches USD 32.66 billion, USD 5.76 billion below the base case.

Market Opportunities: Where Is New Energy Data Center Demand?

The two largest new pools are GPU capacity for subsurface and grid AI, and edge computing in substations and field sites, together worth USD 20.37 billion in 2035.

GPU Capacity for Subsurface and Grid AI

Energy company GPU racks rise from 205 MW in 2025 to 1,562 MW in 2035 in the DC Market Insights model, as seismic imaging moves to GPU-based algorithms and utilities use AI for load forecasting and interconnection studies. Renewable and independent power producers grow fastest among end users at 12.49% a year, because wind and solar fleets need forecasting and dispatch computing.

Edge Computing in Substations and Field Sites

Field and substation edge sites grow from USD 3.65 billion in 2025 to USD 10.37 billion by 2035 as utilities add protection, automation and analytics servers close to the grid. The same pattern appears in the Telecom Data Center Market report, where operators push compute into central offices.

How Much Does an Energy Company Spend per MW of Data Center Capacity?

USD 4.04 million per MW in use in 2025, DC Market Insights estimates, rising to USD 5.41 million by 2035 as GPU racks lift hardware spending per MW.

Year	IT load in use (MW)	Total spending per MW	IT hardware per MW	Colocation and hosting rate (USD per kW-month)
2020	3,400	USD 3.55 million	USD 2.66 million	USD 176
2025	4,100	USD 4.04 million	USD 2.98 million	USD 185
2030	5,400	USD 4.80 million	USD 3.53 million	USD 194
2035	7,100	USD 5.41 million	USD 3.96 million	USD 204

Public anchors: Aramco’s USD 372.5 million supercomputer with solutions by stc and Petrobras’s BRL 500 million for five supercomputers show what single subsurface systems cost. Iberdrola planned EUR 290 million of digitisation spending across its businesses in 2024 (Iberdrola, 2024). An energy AI rack costs USD 8.20 million per MW-year of servers in the DC Market Insights model in 2025, against USD 2.70 million for conventional servers.

Which Rules Shape Energy and Utilities Data Centers?

At least seven named rules decide how energy companies secure, place and run their computing, and they touch all USD 16.58 billion of 2025 spending.

• NERC CIP standards CIP-002 to CIP-014: cybersecurity rules for bulk electric system cyber assets, including control-center servers (Source: North American Electric Reliability Corporation)
• FERC Order No. 907: approved CIP-015-1 internal network security monitoring in June 2025, effective for entities on 1 October 2028 (Source: Federal Energy Regulatory Commission)
• FERC Order No. 919: approved 11 modified CIP standards for virtualization, effective 26 May 2026 (Source: Federal Energy Regulatory Commission)
• FERC Order No. 918: approved CIP-003-11 for low-impact systems, effective for entities on 1 July 2029 (Source: Federal Energy Regulatory Commission)
• CIP-013-3 supply chain risk management: effective 1 July 2028 (Source: North American Electric Reliability Corporation)
• EU NIS2 Directive 2022/2555: in force since 16 January 2023, lists energy as a sector of high criticality (Source: European Union)
• EU Network Code on Cybersecurity for cross-border electricity flows: member states named competent authorities by 13 December 2024 (Source: European Commission)

Energy and Utilities Data Center Market Segmentation: Which Segment Spends Most?

The largest component is IT hardware at USD 12.20 billion in 2025, electric utilities the largest end user at USD 5.97 billion, and corporate and control-center data centers the largest facility type at USD 8.79 billion.

By Component

Servers, storage and networking hold 73.5% of 2025 value; colocation and cloud hosting grows fastest at 11.26% a year.

Component	2025 (USD million)	Share 2025	2035 (USD million)	CAGR 2025-2035
IT Hardware	USD 12,197.50 million	73.5%	USD 28,100.66 million	8.70%
Colocation and Cloud Hosting	USD 2,275.50 million	13.7%	USD 6,616.20 million	11.26%
Electrical and Mechanical Infrastructure	USD 1,537.50 million	9.3%	USD 2,554.35 million	5.21%
Construction and Fit-Out	USD 574.00 million	3.5%	USD 1,153.58 million	7.23%

By End User

Electric utilities spend USD 5.97 billion in 2025, just ahead of oil and gas companies at USD 5.64 billion; renewable and independent power producers grow fastest at 12.49% a year.

End User	2025 (USD million)	Share 2025	2035 (USD million)	CAGR 2025-2035
Electric Utilities	USD 5,970.42 million	36.0%	USD 14,601.42 million	9.36%
Oil and Gas Companies	USD 5,638.73 million	34.0%	USD 11,527.44 million	7.41%
Oilfield Services and Energy Trading	USD 1,824.30 million	11.0%	USD 3,842.48 million	7.73%
Renewable and Independent Power Producers	USD 1,658.45 million	10.0%	USD 5,379.47 million	12.49%
Gas and Water Utilities	USD 1,492.61 million	9.0%	USD 3,073.98 million	7.49%

By Workload

Corporate IT and trading is the largest workload in 2025, but AI and advanced analytics passes every other workload by 2035 at USD 9.99 billion.

Workload	2025 (USD million)	Share 2025	2035 (USD million)	CAGR 2025-2035
Corporate IT and Trading	USD 5,970.42 million	36.0%	USD 9,221.95 million	4.44%
Grid Control and OT Systems	USD 3,482.74 million	21.0%	USD 7,684.96 million	8.24%
Seismic Imaging and Reservoir HPC	USD 3,482.74 million	21.0%	USD 6,532.21 million	6.49%
Smart Meter and Customer Data	USD 2,155.99 million	13.0%	USD 4,995.22 million	8.77%
AI and Advanced Analytics	USD 1,492.61 million	9.0%	USD 9,990.45 million	20.94%

By Facility Type

Corporate and control-center data centers hold 53.0% of 2025 value; colocation and cloud-hosted capacity grows fastest at 13.42% a year.

Facility Type	2025 (USD million)	Share 2025	2035 (USD million)	CAGR 2025-2035
Corporate and Control Center Data Centers	USD 8,789.78 million	53.0%	USD 13,448.68 million	4.34%
Colocation and Cloud-Hosted Capacity	USD 4,146.12 million	25.0%	USD 14,601.42 million	13.42%
Field and Substation Edge Sites	USD 3,648.59 million	22.0%	USD 10,374.69 million	11.02%

DC Exclusive: Energy Supercomputer Tracker, 9 Company Systems from 2.4 to 861 Petaflops

DC Market Insights lists 9 named energy-company supercomputers from company releases in this tracker, 9 inputs in all. It shows that the largest private computing in the energy sector sits with national and integrated oil companies, and that each new generation replaces two or three older machines rather than adding to them.

Company	System	Date	Performance	Notes
Eni	HPC7, Green Data Center, Ferrera Erbognone	Jun 2026	861+ PF peak	Ranked 6th on the June 2026 TOP500
Eni	HPC6, Green Data Center, Ferrera Erbognone	Nov 2024	606+ PF peak, 477 PF sustained	13,888 GPUs; ranked 5th on TOP500
Petrobras	Five new supercomputers, BRL 500 million	Aug 2024	about 73 PF (largest)	Replace Fênix, Atlas and Dragão
Petrobras	Pégaso	2022	21 PF peak	2,016 GPUs; raised capacity from 42 to 63 PF
Petrobras	Tatu	2023	2.4 PF	Fleet of four older systems at 50 PF
Aramco with solutions by stc	Next-generation upstream supercomputer, USD 372.5 million	2026	7x current upstream capacity	Due by early 2027
Aramco with stc	Dammam-7	2021	55.4 PF peak	More than 1,000 GPU nodes
ExxonMobil	Discovery 6 (HPE Cray EX4000)	2025	up to 4x Discovery 5	4,032 Grace Hopper superchips, 100% direct liquid cooling
TotalEnergies	Pangea 4, Pau	2024	2x Pangea III	Almost 90% less electricity

Reading the tracker: Eni’s HPC6 alone uses 13,888 GPUs, which at about 1 kW per GPU including servers and networking is roughly 14 MW of IT load (DC Market Insights estimate). Nine systems of this class make up a small share of the 4,100 MW energy companies use, but they set the pace of GPU adoption; seismic imaging and reservoir computing accounts for 21.0% of 2025 spending.

Which Region Leads the Energy and Utilities Data Center Market?

North America leads with USD 5.47 billion, 33.0% of 2025 value, and Middle East and Africa grows fastest at 10.46% a year to USD 4.03 billion by 2035.

Region	2025 (USD million)	Share 2025	2035 (USD million)	CAGR 2025-2035
North America	USD 5,472.89 million	33.0%	USD 11,527.44 million	7.73%
Asia Pacific	USD 4,975.35 million	30.0%	USD 12,680.18 million	9.81%
Europe	USD 3,648.59 million	22.0%	USD 7,684.96 million	7.73%
Middle East and Africa	USD 1,492.61 million	9.0%	USD 4,034.60 million	10.46%
Latin America	USD 995.07 million	6.0%	USD 2,497.61 million	9.64%

North America

North America spends USD 5.47 billion in 2025 and grows 7.73% a year. U.S. utilities run the largest smart-meter base, 140.49 million AMI meters in 2024, and every control center falls under NERC CIP rules.

Asia Pacific

Asia Pacific spends USD 4.98 billion in 2025 and grows 9.81% a year. China’s National Energy Administration expects national grid investment of more than CNY 5 trillion in 2026-2030 (National Energy Administration, July 2026), and India is the fastest large country at 13.73% a year.

Europe

Europe spends USD 3.65 billion in 2025 and grows 7.73% a year. NIS2 lists energy as a sector of high criticality, Eni runs Europe’s largest industrial supercomputers in Italy, and Norway spends USD 298.52 million because of its offshore oil and gas operators.

Latin America

Latin America spends USD 995.07 million in 2025 and grows 9.64% a year; Brazil is the largest country at USD 530.70 million, led by Petrobras’s supercomputer fleet.

Middle East and Africa

Middle East and Africa spends USD 1.49 billion in 2025 and is the fastest region at 10.46% a year, led by Saudi Arabia, where Aramco’s new upstream supercomputer comes online by early 2027.

Top 12 Countries in the Energy and Utilities Data Center Market

The United States is the largest country at USD 4.64 billion in 2025, 28.0% of the global total; India is the fastest large country at 13.73% a year.

Rank	Country	Region	2025 (USD million)	Share 2025	2035 (USD million)	CAGR 2025-2035
1	United States	North America	USD 4,643.66 million	28.0%	USD 9,798.32 million	7.75%
2	China	Asia Pacific	USD 2,321.83 million	14.0%	USD 5,955.84 million	9.88%
3	Japan	Asia Pacific	USD 663.38 million	4.0%	USD 1,306.44 million	7.01%
4	Germany	Europe	USD 663.38 million	4.0%	USD 1,383.29 million	7.63%
5	Saudi Arabia	Middle East and Africa	USD 663.38 million	4.0%	USD 1,921.24 million	11.22%
6	United Kingdom	Europe	USD 580.46 million	3.5%	USD 1,191.17 million	7.45%
7	India	Asia Pacific	USD 530.70 million	3.2%	USD 1,921.24 million	13.73%
8	Brazil	Latin America	USD 530.70 million	3.2%	USD 1,268.02 million	9.10%
9	Canada	North America	USD 497.54 million	3.0%	USD 1,075.89 million	8.02%
10	France	Europe	USD 398.03 million	2.4%	USD 806.92 million	7.32%
11	United Arab Emirates	Middle East and Africa	USD 364.86 million	2.2%	USD 1,075.89 million	11.42%
12	Norway	Europe	USD 298.52 million	1.8%	USD 614.80 million	7.49%

China ranks second at USD 2.32 billion and grows 9.88% a year as its grid companies digitise. Saudi Arabia grows 11.22% a year, the fastest Gulf country in the table, on Aramco’s AI and supercomputing programs.

Forecast Scenarios: How Large Could the Energy and Utilities Data Center Market Be in 2035?

Between USD 32.66 billion and USD 43.80 billion in 2035, with USD 38.42 billion as the DC Market Insights base case.

Scenario	2035 (USD million)	CAGR 2025-2035	What it assumes
Low	USD 32,661.07 million	7.01%	Energy companies rent GPU capacity instead of buying it; AI racks at 16% of MW
Base	USD 38,424.79 million	8.77%	7,100 MW in 2035, 38% leased, AI racks at 22% of MW
High	USD 43,804.26 million	10.20%	Faster AI uptake in grid operations and national oil companies

Low Scenario

USD 32.66 billion in 2035 if utilities hold data center budgets flat to fund grid spending and oil companies rent seismic computing from cloud providers.

Base Scenario

USD 38.42 billion in 2035, with energy company IT load rising from 4,100 MW to 7,100 MW and GPU racks rising to 22% of it.

High Scenario

USD 43.80 billion in 2035 if more national oil companies follow Aramco and Eni into owned AI and supercomputing capacity.

Key Players and Market Share: Who Supplies Energy and Utilities Data Centers?

Hewlett Packard Enterprise, Dell Technologies, Lenovo and Huawei Technologies together hold about 45% of the USD 12.20 billion of 2025 energy company IT hardware spending (DC Market Insights estimate); hosted platforms are led by the large cloud providers and energy software firms.

• Hewlett Packard Enterprise
• Dell Technologies
• Lenovo
• Huawei Technologies
• NVIDIA
• Microsoft (Azure Data Manager for Energy)
• Amazon Web Services
• Google Cloud
• SLB
• Halliburton
• Baker Hughes
• Schneider Electric
• Siemens
• Hitachi Energy
• GE Vernova
• Vertiv
• Equinix

Company facts: SLB’s Data Center Solutions business grew 121% in 2025 (SLB, January 2026). Baker Hughes booked record Industrial and Energy Technology orders of USD 14.9 billion in 2025, including awards for data center infrastructure (Baker Hughes, January 2026). ExxonMobil’s Discovery 6 is built on HPE Cray EX4000 systems (ExxonMobil, 2025), and Petrobras’s Pégaso runs on 2,016 GPUs (Petrobras, 2022).

Server Supplier Concentration, 2025

Hewlett Packard Enterprise leads in energy supercomputing through its Cray systems, including ExxonMobil’s Discovery 6, while Dell Technologies, Lenovo and Huawei Technologies share most utility control-center and corporate server spending (DC Market Insights estimate).

Recent Developments in the Energy and Utilities Data Center Market

Six dated events from the last eighteen months shaped the 2026 outlook of USD 18.32 billion.

• In September 2026, AWS launched an agentic grid planning program with Duke Energy (Source: Amazon Web Services)
• In June 2026, Eni’s HPC7 entered the TOP500 list at sixth place with more than 861 petaflops (Source: Eni)
• In May 2026, FERC Order No. 919 on virtualization for CIP standards took effect (Source: Federal Energy Regulatory Commission)
• In 2026, Aramco and solutions by stc agreed to deploy a USD 372.5 million upstream supercomputer (Source: Aramco)
• In January 2026, SLB reported 9% growth in Digital revenue to USD 2.66 billion for 2025 (Source: SLB)
• In June 2025, FERC Order No. 907 approved CIP-015-1 internal network security monitoring (Source: Federal Energy Regulatory Commission)

Research Methodology: How DC Market Insights Sized the Energy and Utilities Data Center Market

The USD 16.58 billion 2025 value is a bottom-up DC Market Insights model of 4,100 MW of energy company IT load in use, about 9% of the roughly 46 GW of enterprise and colocation capacity inside the 116 GW installed base, priced component by component; see the DC Market Insights research methodology.

Model Inputs

Energy company IT load in use of 3,400, 4,100, 5,400 and 7,100 MW in 2020, 2025, 2030 and 2035; leased share 18%, 25%, 32% and 38%; GPU share 1.5%, 5%, 14% and 22%; field and substation edge share 20%, 22%, 25% and 27%. IT hardware costs USD 2.70 million per conventional MW-year and USD 8.20 million per AI MW-year in 2025; colocation and hosting average USD 185 per kW-month, so 1,025 leased MW x USD 185 x 12 = USD 2.28 billion. Owned-site electrical and mechanical spending is USD 1.54 billion and construction and fit-out USD 574.00 million. Sibling estimates use the same base: the BFSI Data Center Market at about 12.8% of enterprise and colocation load and the Manufacturing Data Center Market at about 11%; leased capacity is a subset of the Data Center Colocation Market.

Bound Checks

Ceiling 1: USD 16.58 billion is 2.9% of the DC Market Insights global data center market of USD 570.04 billion in 2025, between healthcare (2.7%) and retail (3.0%). Ceiling 2: USD 16.58 billion is about 8% of the nearly USD 208 billion that U.S. investor-owned electric companies alone plan to invest in 2025, and far below the USD 400 billion a year spent on grids worldwide. Floor: the nine supercomputers in the tracker, the 140.49 million U.S. smart meters and SLB’s USD 2.66 billion Digital revenue show energy computing in the billions of dollars. Every split sums to the total in every year, and the CAGR is recomputed from the 2025 and 2035 endpoints.