Datacentre projects could face fees for grid access to ease connection queue, Ofgem says

7 hours ago

Energy regulator’s plan would mean upfront fees or financial security via letters of credit, bonds or cash deposits

Datacentre projects in Britain will be forced to put down significant upfront fees to secure an energy connection under proposals to ease an electricity grid logjam.

Ofgem, the sector watchdog, said there are 315 datacentres currently queueing to connect up, representing 73GW of demand. This is almost 30GW above the entire country’s peak energy demand of 45GW.

Continue reading...
Click here to Read More
Previous Article
Heathrow passengers face higher fares as airport can recover early expansion plan costs
Next Article
Cucurella gets tattoo of Spain coach De la Fuente

Related World Updates:

Are you sure? You want to delete this comment..! Remove Cancel

Comments (0)

    Leave a comment