UK Regulator Proposes Fees for Datacentre Grid Connections to Clear Queue
Ofgem has proposed that datacentre projects pay upfront fees or provide financial security, such as letters of credit, bonds, or cash deposits, to secure energy grid connections. The move aims to address a backlog, with 315 datacentres currently waiting for connections, representing 73GW of demand—almost 30GW above the UK's peak demand of 45GW.
Why it matters: The proposal could impact the pace of datacentre development and the management of energy resources in the UK.
Full story at: The Guardian / AI ↗