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Lord Hunt of Kings Heath (Lab)

Speaking in the House of Lords on 27 January 2025

Debate

Internet Activity: Energy Use

Contribution

My Lords, I suspect that the experience in the US will rather depend on the price of oil and gas than on any other intervention. Let me quote the figures. In the AI market, we have 3,000 companies, with £10 billion in revenues, and 60,000 people working in the industry. In data centres, 17,000 people are directly employed, with a total revenue of £4.6 billion a year. These are two very successful industries. Developments are taking place at the moment which will continue in the future. This Government will support them in so doing.

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