Gerry McGovern on Nostr: Investors just can't pull the plug despite datacenters facing AI power crunch Even if ...
Investors just can't pull the plug despite datacenters facing AI power crunch
Even if 98% say they're worried about energy availability and reliability
"Utilities are requiring large upfront non-refundable payments from investors in such sites, plus a commitment to use that power. It also claims utilities are getting developers to pay upfront for critical infrastructure such as substations that are needed to bring power to the site."
https://www.theregister.com/AMP/2024/11/27/investor_datacenter_energy_concern/
Even if 98% say they're worried about energy availability and reliability
"Utilities are requiring large upfront non-refundable payments from investors in such sites, plus a commitment to use that power. It also claims utilities are getting developers to pay upfront for critical infrastructure such as substations that are needed to bring power to the site."
https://www.theregister.com/AMP/2024/11/27/investor_datacenter_energy_concern/