Embodiments of the present invention provide an approach for dynamically expanding cloud capacity (e.g., computing resources), based on infrastructure needs. In a typical embodiment, an available capacity of a set (e.g., at least one) of computing resources in the networked computing environment will be determined. Then, a future capacity needed for processing a set of workloads in the networked computing environment will be forecasted. Such a forecast can be made based on multiple factors/approaches. For example, the forecast can be made based upon at least one of the following: an average consumption of the set of computing resources over a predetermined period of time, a periodic estimation of consumption of the set of computing resources, a scheduled consumption of the set of computing resources, and/or a potential capacity of the set of computing resources. In general, the scheduled consumption can be determined based on at least one resource consumption schedule stored in a computer data structure, while the potential capacity can be determined based upon a set of application events associated with the set of workloads. Regardless of the approach utilized, once the future capacity has been forecasted, it will be determined whether the future capacity exceeds the available capacity. If so, the available capacity of the set of computing resources will be expanded (e.g., hardware and/or software elements will be added to the networked computing infrastructure and/or made available) until the available capacity at least meets the future capacity.