The simple answer is no. I encourage investors to ignore all the fear-mongering headlines claiming that nearly half of the data centers planned for 2026 have been delayed or canceled.
For quick background, New York became the first state to institute a statewide moratorium on large data centers, which made many investors worried. This restricts the construction and permits for hyperscale data centers that consume 50+ megawatts of power. The moratorium is in effect for one year.
The one-year moratorium was enacted to give New York the time to refine its regulations. New York Governor Kathy Hochul wants all new data centers to be subject to the same "consistent standards."
The state plans to review and research the environmental impact of data center construction and operation – and once standards are agreed upon, the moratorium will end.
Upstate New York is ideal for data centers, given cheap hydroelectric power and a direct-current grid from Hydro-Québec. So, I suspect construction will resume once these standards are set.
#data #york #construction #state
For quick background, New York became the first state to institute a statewide moratorium on large data centers, which made many investors worried. This restricts the construction and permits for hyperscale data centers that consume 50+ megawatts of power. The moratorium is in effect for one year.
The one-year moratorium was enacted to give New York the time to refine its regulations. New York Governor Kathy Hochul wants all new data centers to be subject to the same "consistent standards."
The state plans to review and research the environmental impact of data center construction and operation – and once standards are agreed upon, the moratorium will end.
Upstate New York is ideal for data centers, given cheap hydroelectric power and a direct-current grid from Hydro-Québec. So, I suspect construction will resume once these standards are set.
#data #york #construction #state
3 days ago
