Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals with power plant owners to plug in directly, avoiding a potentially longer and more expensive process of hooking into a fraying electric grid that serves everyone else.

The report, based on a survey of 100 data center leaders, also shows that 30% of all sites will be using onsite power by 2030. For reference, McKinsey research estimates that there was 25 gigawatts worth of demand in 2024.