Add to the UK economy....
So where does the money come from?
The local council could introduce £1000 parking charges and add billions to the UK economy
Equinix will occupy a massive datacenter campus near London's M25, investing £3.9 billion ($5.1 billion) in the 85-acre (0.34 square kilometers) Hertfordshire plot close to South Mimms services. The planning application for the project was filed last year by a company called DC01 UK Ltd. The site will feature three facilities …
Most likely they buy some sort of complex financial contract on solar/wind power when there is over production and the price is cheap - and so claim that they purchased >100% of the annual power usage while relying on continual 24x7 grid power to actually run their business
Thanks for the suggestion but it can't be nuclear. Nuclear is clean and also nowadays often gets categorised as green, but it definitely can't be said to be renewable.
So I think answer must be some sort of sleight of hand as outlined above or Drax and/or lots of biodigesters which will be interesting because they've already got commitments to supply "renewable" energy to distribution companies and I think their max output is ~ 3.5GW.
Another Mega Datacentre campus in Londonshire. Just what everyone wants competition for water and electricity.
If they built it in Scotland there is over 100% renewable electricity and in most places abundant water.
With modern comms the need for close location not much of a thing anymore- esp. as much AWS Production load is in Dublin and Azure in Wales.
Liz Kendall calls it a “huge win for Britain,” which tells you everything about the government’s economic literacy. If you think a £3.9 billion capital outlay that leaves the country in permanent debt to a US landlord is a win, you shouldn’t be anywhere near a calculator, let alone the Treasury bench.
The intellectual bankruptcy runs deep: ministers now confuse hosting American cloud racks with “AI leadership,” as if plugging GPUs into someone else’s sockets counts as innovation.
In the end, Britain provides the land, the power, the cooling, the cheerleaders - and gets back a handful of jobs and a warm sense of being “open for business.” Translation: open for plunder.
bet you a pound against a piece of shit that there will be zero rainwater harvest on that 85 acres to cover the water requirement, all their water usage will be mains (i.e. drinking water quality).
and don't get me started on where their "renewable" elastic trickery could be better used.
TL;DR - taking lots , giving nothing.