[BUSINESS]■ STORY TIMELINE
OFGEM PLANS UPFRONT FEES FOR DATACENTRE GRID ACCESS
Britain's energy regulator Ofgem is proposing that datacentre projects pay significant upfront fees to connect to the electricity grid. The move aims to clear a backlog of 315 datacentres—representing 73GW of demand—that currently queue for connections.
The Guardian — Technology+0m
Energy regulator’s plan would mean upfront fees or financial security via letters of credit, bonds or cash deposits Data…