Study: 'Major increase' in data centre demand tipped to push global grid spend past $470bn

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

BloombergNEF forecasts double-digit growth for grid investment for second year running, as sector responds to surge in connection requests from large data centres

Spending on electricity grids is on track to rise by 16 per cent this year to a record $470bn, driven by a combination of rising supply chain costs and a "major increase" in connection requests from large...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Study: Global clean steel transition achievable without hike in consumer costs

Study: Global clean steel transition achievable without hike in consumer costs

Research makes case for 'revenue neutral' policy approach it claims could support global shift away from fossil fuelled steelmaking without harming industrial competitiveness

Michael Holder
clock 28 September 2026 • 3 min read
National Audit Office: Britain faces 'very challenging' path to clean power by 2030

National Audit Office: Britain faces 'very challenging' path to clean power by 2030

Spending watchdog warns energy bills will rise, unless work to upgrade power grid rapidly accelerates

Michael Holder
clock 11 September 2026 • 6 min read
'Essential piece of the puzzle': Heat network funding revamp could drive £17bn of investment by 2035

'Essential piece of the puzzle': Heat network funding revamp could drive £17bn of investment by 2035

Regulated Asset Base funding model and initial £1bn of public investment could mobilise a huge wave of private capital into heat network projects over coming decades, report claims

Stuart Stone
clock 20 August 2026 • 5 min read