David Sleath, the chief executive of Segro, stated, 'The single biggest constraint is access to power,' highlighting how power shortages are significantly hampering data centre developments.
Utility companies are struggling to keep up with demand for energy, as seen in a Bain report indicating that energy generation must increase by up to 26% in the U.S. by 2028.
The National Grid is working diligently on connecting data centre projects to the grid, with collaborative efforts alongside Ofgem to expedite the grid connections process.
The growth of the U.K. tech sector is stalling, as Sleath warns that the ongoing power shortages could prevent the country from competing effectively on a global scale.
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