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Data centre developers are putting the brakes on ambitious projects in Australia as community opposition intensifies and costs soar.
Craig Scroggie faces a shareholder revolt over executive pay after community protests against Melbourne transmission lines crushed market value.
The way the giant project has unfolded is an ever-expanding stain on Australia’s record to deliver on its ambitions.
The failure by Snowy Hydro and the federal government to conduct proper due diligence symbolises Australia’s increasingly chequered infrastructure record.
Peter Malinauskas says there is not enough energy available to power the massive data centres planned for his state, and throwing money around won’t help.
Dennis Barnes also says it is an illusion to think Snowy could offload the construction risk of such a complex project through a fixed-price contract.
New projects have dropped as prices rise. It’s up to infrastructure developers to find a way through.
Non-leisure stays account for an estimated 30 to 40 per cent of short-term rental demand.
The prime minister’s principle that server facilities should fund their own electricity supply is sound, but his focus on one source is misguided.
For eight years, rigorous daily contract management meant we maintained strict deadlines, holding contractors accountable for scope, cost, time and quality.
The owner of the state’s transmission network is weighing up work on power lines and substations, as data centres clamour for connections.
A level crossing removal that former premier Jacinta Allan’s office allegedly directed towards a CFMEU-aligned labour-hire firm will be scrutinised starting next week.
Iren says Microsoft has requested design changes at a data centre known as Childress in Texas as it slashed spending forecasts.
Toll caps, working from home, petrol and potholes are all on the agenda in the Victorian election, and central to Transurban’s business.
Plus Es, Australia’s largest owner of smart meters, has also received a bid from a heavyweight consortium.
A NSW parliamentary inquiry has recommended legal mandates that would require data centres to supply 100 per cent renewable energy on an hourly basis.
The data centre operator has run into trouble over its growth projects, but its existing facilities are highly prized by potential suitors.
Labor has confirmed it has nine applications in a queue for more than $5 billion in data centre proposals, but caretaker mode will put a freeze on any decision.
There’s no respite for the Craig Scroggie-led company as an upcoming vote on a generous remuneration structure for executives is set to go down to the wire.
Residents are opposing a proposed data centre for the suburb of Spotswood that would not comply with new rules set by Victorian Premier Ben Carroll if developed.
A proposed data centre by new player Quantum DC near Tungkillo, about 60 kilometres from Adelaide, is the latest project to face huge community opposition.
The federal government’s unclear stance on the facilities is threatening financial investment in Australia as community backlash grows.
The data centre group has held talks about becoming a customer for a new proposed energy hub in Keralup, south-east of Perth.
The NSW government says it would allow stalled projects it deemed to be significant to go ahead, even if they missed a 12-month deadline for construction.
Chief executive Craig Scroggie’s grand plan to create an artificial intelligence and high-tech precinct and create thousands of jobs has hit a wall.
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