BBC News·3 min read·medium

Data centres could pay hundreds of millions in deposits for power demands

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Data centres could pay hundreds of millions in deposits for power demands
AI Summary

The UK energy regulator Ofgem is proposing that data centre developers pay significant upfront deposits to secure grid connections. This measure aims to manage the surge in electricity demand driven by the rapid expansion of AI infrastructure.

Image source, Bloomberg via Getty Images Image caption, There are currently 564 data centres in the UK

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