"Amazon today announced plans to invest a new total of AU$20...

"Amazon today announced plans to invest a new total of AU$20 billion from 2025 to 2029 to expand, operate, and maintain its data center infrastructure in Australia."

They added they will add a bit of solar power to provide some power some parts of the day here in Australia Wink Wink perhaps as the AI race here with Data centres is sucking up all the power required 24/7/365 not just if its sunny.

The back up on back up for Data centres is called several things including tiered redundancy. Part time spin time will hit the harsh reality brakes soon even in luddite Australian grids


Amazon back up plan is Amazon goes nuclear, to invest more than $500 million to develop small modular reactors

Not that it matters really for my investments :)

As of the most recent data from the Australian Energy Statistics, Australia generated approximately 275 terawatt-hours (TWh) of electricity in the 2022–23 financial year. This includes all sources—coal, gas, hydro, wind, solar, and others—feeding into the National Electricity Market (NEM) and other regional grids.

Expected Growth in Demand

Looking ahead, electricity demand in Australia is projected to increase significantly, driven by:

• Electrification of transport (EV adoption)

• Growth in data centers and AI workloads

• Decarbonization of industry and heating

• Population and economic growth

The International Energy Agency (IEA) forecasts that global electricity demand will grow by about 3.4% annually through 2027, and Australia is expected to track close to that, if not slightly higher, due to its aggressive decarbonization targets and electrification policies.