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power demands

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Data centres could pay hundreds of millions in deposits for power demands under Ofgem proposals Technology
Hardware #data centres#power demands

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

Ofgem has proposed that data centre developers pay a refundable deposit of up to £712,500 per megawatt to connect to the electricity grid, potentially costing hundreds of millions for large projects. The measure aims to tackle speculative projects clogging the grid connection queue, which has more than tripled in a year to 125 GW. A consultation runs until 16 September.

Jul 29, 2026 1 source
Gartner Report Warns Power Demands May Halt AI Data Center Advances by 2030 Technology
Artificial Intelligence #ai#data centers

Gartner Report Warns Power Demands May Halt AI Data Center Advances by 2030

A Gartner report indicates that AI data center power demands may halt expansion by 2030 unless addressed. Current power needs of 132 GW could reach 290 GW, with AI already consuming 31% of data center power. Goldman Sachs estimates $720 billion in grid spending may be needed.

Jun 15, 2026 1 source