TC Energy Corp. has increased its forecast for North American natural gas demand in the coming years, citing a surge in consumption driven by the rapid expansion of data centres.
The Calgary-based infrastructure giant is now evaluating how its extensive pipeline network across Canada and the United States can adapt to meet this growing load.
The revision highlights the intensifying pressure on US gas supply fundamentals.
As artificial intelligence workloads expand, power demand is outpacing existing infrastructure capacity, creating what some market participants describe as an unprecedented deficit risk.
TC Energy’s updated view reinforces the narrative that the energy sector must scale rapidly to support the tech industry’s growth trajectory.
This development aligns with broader concerns about the intersection of AI and energy security.