Study: 'Major increase' in data centre demand tipped to push global grid spend past $470bn

Stuart Stone
clock • 4 min read
Credit: iStock
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Credit: iStock

BloombergNEF forecasts double-digit growth for grid investment for second year running, as sector responds to surge in connection requests from large data centres

Spending on electricity grids is on track to rise by 16 per cent this year to a record $470bn, driven by a combination of rising supply chain costs and a "major increase" in connection requests from large...

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Stuart Stone
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