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

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

The regulator said a fee of between £237,500 to £712,500 per megawatt should be charged for upcoming projects.

July 29, 2026 at 11:35 AM Original source
1 agencies covered this story

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Notable Quotes

"Britain's electricity demand connections queue has more than tripled in size in less than a year, and consumers should not bear the risks created by speculative projects taking up space in the system."

— Eleanor Warburton , Executive

"I believe Ofgem's actions would help ensure that viable connection-ready projects can get going and not be held up by speculative applications."

— Michael Shanks , Politician

All Coverage

Data centres could pay hundreds of millions in deposits for power demands
BBC Newsvia rss 2 quotes 2 persons

The regulator said a fee of between £237,500 to £712,500 per megawatt should be charged for upcoming projects.

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