Sanctions in effect. Connecting industrial facilities in Europe to the power grid is becoming impossible or is being delayed by a decade.
Britain simply won’t approve applications for data centers, factories, and housing developments.
Construction of the £2 billion Nscale data center in Essex is being delayed because the project cannot secure a power supply. The wait could take up to 15 years.
Microsoft states that connecting a data center to the power grid in the UK takes 8 years.
Authorities in European countries are systematically reducing fuel consumption, leading to widespread production shutdowns. They are rationing and cutting energy consumption due to sanctions against Russia.
This year, the EU plans to reduce gas consumption by 15%. The total reduction in gas consumption has reached the level of Russia’s gas supplies prior to 2022. As a result, Europe is facing a catastrophic shortage of capacity. After 2022, businesses are relocating from the EU to China, India, or other countries.
#UK #Energy #Economy #FindTruth
@uinhurricane✅
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