Data centers: Powering Australia’s AI boom, part 2

Australia’s energy story is being rewritten by data center developers – and in this episode, we offer a sneak peek at how the next chapters will play out. From procurement risks to fresh revenue opportunities, we examine the issues developers should watch out for. This is the second of a two-part episode of Here Today, Here Tomorrow, our regular podcast mini-series about data centers around the globe. You’ll hear from Ashurst Perkins Coie real estate partner Alexandra Peace and project partners Kate Muller and Mike Webb about how data center operators are not only buying power in Australia’s energy ecosystem – but also generating it too. Along the way, the trio discuss the growth of renewables in the energy mix, through a mix of retail contracts, sleeved and virtual PPAs, and wholesale market exposure. They explain how behind-the-meter batteries and power generation open up new revenue lines and joint venture opportunities. And they consider one of the great conundrums for the data center energy equation: that flat, round-the-clock demand helps soak cheap daytime solar energy but adds pressure during peak times. Listen to this episode by searching “Legal Outlook by Ashurst Perkins Coie” on Apple Podcasts, Spotify or your favourite podcast player. Find out more about the full range of Ashurst podcasts at ashurstperkinscoie.com/podcasts. The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions. See omnystudio.com/listener for privacy information.