Data centre boom could send power prices 26 per cent higher: Climate group
AI Summary
A report warns that the ongoing data centre boom in Victoria and NSW, driven by billions in capital investments, could lead to a 26 percent increase in power prices. The report highlights potential cost and environmental impacts on the electricity grid affecting households.
As Victoria and NSW chase billions in data centre capital, a report warns households could foot the bill for a dirtier, costlier grid.
Markets Real Estate AI & Tech Energy data centres power prices Victoria New South Wales electricity grid climate report capital investment