Consumers should brace for hefty increases in the cost of generating electricity as data centres suck up vast quantities of power faster than new plants can be built, experts say.

From 2015 to 2024, average retail electricity prices decreased by 3.5% for every doubling of data center capacity, new research finds.

Consumers should brace for hefty increases in the cost of generating electricity as data centres suck up vast quantities of power faster than new plants can be built, experts say.