Brisbane Times
·general
·1 hour ago
Powering the cloud: Victoria’s $16 billion bill for the energy network
Australia's energy regulator approved a $16 billion five-year spending plan Thursday to upgrade Victoria's power grid as data centre demand surges. Electricity usage in Melbourne's north-west is projected to jump 113 percent by 2030, driven by energy-hungry server facilities. The regulator expects household bills to remain stable as costs spread across new customers, though savings depend on demand forecasts materializing.
Summary by Glance · Brisbane Times
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