UK's Ofgem begins consultation on data center connection agreement fees
D Dominion Energy Inc
$61.02 -0.47%
View chart & analysis → - 1The UK's energy regulator Ofgem on Wednesday launched a consultation on introducing connection agreement fees targeting data centers.
- 2Large data centers will pay £237,500–£712,500 per megawatt when accepting a connection offer, with refunds issued upon connection and the fee forfeited upon early withdrawal.
- 3Ofgem said a recent surge in data center applications over the past two years means speculative projects occupying the queue could delay viable projects.
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