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Phantom Data Centers

1 GoKawiil brief on this topic

Ofgem targets speculative data center projects clogging UK grid queue

The UK's grid connection queue is overwhelmed with speculative data center projects that are unlikely to ever be built, worsening wait times and complicating energy demand forecasts. Ofgem has proposed requiring developers to post large nonrefundable deposits, potentially reaching hundreds of millions of dollars for the biggest projects, and to demonstrate secured customers and funding before joining the queue. The plan is open for industry feedback until September before being finalized.