Report: AI could drive up Australian power prices by 26% by 2035

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Australia’s rapid data center expansion is putting pressure on the power grid and could raise household electricity prices materially by 2035. The report says AI-driven data centers are already consuming more electricity, water, and resources across Victoria, New South Wales, and other states. It calls for stricter government rules, including renewable energy targets, water efficiency standards, and more transparency from operators. The article also highlights major software and cloud companies such as Microsoft, Amazon, AirTrunk, and NextDC as part of the growth cycle behind this demand.

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