Wednesday, 29 July 2026 · World
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EUROS The World Financial Report
Nº 18 Wednesday, 29 July 2026 · World Edition
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UK Regulator Targets Data Center Land Grab on the Power Grid

Oilprice.com · 2h ago · 🇬🇧 United Kingdom
UK Regulator Targets Data Center Land Grab on the Power Grid

Britain’s energy regulator, Ofgem, on Wednesday launched a consultation on a proposed commitment fee for data center projects as part of broad reforms to ensure network capacity is used for projects that are ready and able to connect. The proposal includes a new Data Centre Commitment Fee, which would be paid by large data center developments when accepting a connection offer, Ofgem said in a statement. The fee would be refunded when the project reaches grid connection status and forfeited if the project exits the grid queue early. …

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