BloombergNEF has raised its forecast for U.S. data-center-related natural-gas demand to an additional 15 billion cubic feet per day by 2035, more than double its December 2025 estimate of 6.9 Bcf/d. The projected increase would exceed the total gas consumption of every country except China, Russia, Iran and the United States, based on EIA country-consumption benchmarks. BNEF now expects U.S. data-center installed power capacity to reach 118 GW by 2030 and 194 GW by 2035, increases of 52% and 83%, respectively, from its prior outlook. It has identified as much as 124 GW of announced behind-the-meter natural-gas capacity, though only about 56% is linked to specific commissioning dates in its base scenarios. The projections add to estimates from Moody's that data centers could require about $110 billion to add 45 GW of power capacity through 2030, with more than 30 GW coming from gas-fired generation. Grid interconnection delays, rising combined-cycle plant costs and turbine supply constraints are accelerating interest in onsite generation, even as the scale of the buildout raises questions over electricity costs, fuel supply and infrastructure financing.