The UK experienced a power price spike to £6,000 per megawatt hour in January 2024, driven by inability to supply household demand with domestic power generation and reliance on imports; building 5 gigawatt AI data centers is logistically and infrastructure-wise infeasible without massive new nuclear capacity, which does not currently exist and cannot be built quickly.
factualpending
Speaker
Nick LawsonEvidence Quote
“in the UK in January, we had a spike to £6,000 per megawatt hour. You know, we are utterly dependent on import. So the idea of being able to have a 5 gawatt data center is just lunacy, you know.”
Created: 8/11/2026, 6:58:12 AM
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