(Reuters) -U.S.-based utility PG&E Corp said on Monday it plans to spend $73 billion by 2030 for transmission upgrades to meet the data center-led surge in electricity demand.

The company had said in July it was working to serve 10 gigawatts (GW) of new electricity demand from data center projects over the next ten years.

Power consumption is expected to hit record highs in 2025 and 2026, driven by a surge in demand from data centers due to increased adoption of artificial intelligence, according to the U.S. Energy Information Administration (EIA).

PG&E Corp has also been blamed for sparking numerous wildfires, including some of California’s most deadly, and has been making investments to improve the reliability of its power grid.

In a plan filed in March for the 2026-2028 period, the

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