Noreva in the media: Noreva analysis cited by TechCrunch (September 15, 2026).
In brief: TechCrunch’s September 15, 2026, report on BloombergNEF’s data center gas projection includes one Noreva paragraph: analysts at Noreva think stable gas prices may be a false hope, as the data center boom and rising LNG exports could cause prices to soar.
Noreva, an energy market data and analytics provider (formerly Karbone Research), was cited in Tim De Chant’s article on how much natural gas US data centers could consume by 2035.
What the TechCrunch coverage examined
BloombergNEF projects that US data centers could consume about 18 Bcf/d of natural gas by 2035, nearly double its forecast from nine months earlier (BloombergNEF, cited by TechCrunch, 09/2026). Over the next decade, data centers are expected to be the second-strongest driver of gas demand growth, after LNG exports. Onsite-powered facilities account for 2.9-3.4 Bcf/d of that by 2035, about what all data centers consume today. Grid-connected data centers add 15 Bcf/d, five times the demand growth from all other grid-connected sectors combined (BloombergNEF, cited by TechCrunch, 09/2026). TechCrunch’s headline sets the total against Germany and Japan combined. Burning one cubic foot of gas releases the equivalent of 60 grams of carbon dioxide, including extraction, processing, and distribution (IEA, cited by TechCrunch, 09/2026).
TechCrunch’s paragraph on Noreva reads: “Much of today’s data center buildout relies on stable natural gas prices, which have prevailed in recent years. But analysts at Noreva think that might be a false hope. The combined impact of the data center boom and rising LNG exports could cause prices to soar. Even if tech companies’ balance sheets can bear such a surge, utility ratepayers might not be able to.”
The article gives no Noreva price figure.
Why it matters for developers, utilities, and investors
The demand figure is BloombergNEF’s; Noreva’s contribution is the price risk beneath it. A buildout planned on cheap, stable gas is exposed if the forward curve reprices, and the cost can reach ratepayers. Noreva’s own published scenario puts periods above $10/MMBtu at certain US gas hubs (Noreva press release, 08/2026). That risk belongs in the power curves and asset valuations built on the buildout.
Frequently asked questions
How much natural gas could US data centers consume by 2035?
BloombergNEF projects that US data centers could consume about 18 Bcf/d of natural gas by 2035, nearly double its forecast of nine months earlier (BloombergNEF, cited by TechCrunch, 09/2026). TechCrunch compared that total to the gas consumption of Germany and Japan combined.
What did Noreva say in the TechCrunch article?
TechCrunch wrote that much of today’s data center buildout relies on stable natural gas prices, and that analysts at Noreva think that might be a false hope: the data center boom and rising LNG exports together could cause prices to soar, and utility ratepayers may be less able than tech companies to absorb such a surge (Noreva, cited by TechCrunch, 09/2026). The article published no Noreva price forecast.
Does Noreva publish a natural gas price forecast?
Yes. Noreva launched US natural gas pricing and forecasting coverage on August 5, 2026, and under its high-price scenario certain US gas hubs could see periods above $10/MMBtu (Noreva press release, 08/2026). The forecasts are built on market fundamentals, AI-driven modeling, trade simulations, asset-level analysis, and transactional data.
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