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156 points xbmcuser | 1 comments | | HN request time: 0s | source
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jtchang ◴[] No.45127225[source]
Great video on how the public is getting screwed on energy deals.

Basically large tech companies have the deep pockets to push up prices at electricity auctions. But why bid in public when you can do those deals in private. That's the first problem. All that needs to be out in the open.

What really irks me is that the market is so manipulated that we can't do anything about it. Think about NEM 3.0 vs 2.0. Putting data centers in their own rate class does make sense as the first step.

replies(3): >>45127430 #>>45127437 #>>45127577 #
1. boringg ◴[] No.45127430[source]
Private deals - do you mean like a Power Purchase agreement? That doesn't fall out to the public cost domain and certainly shouldn't be a public good.