We Found the Hidden Cost of Data Centers. It's in Your Electric Bill [video]

I was looking into energy markets and how they work and it is truly a cluster of moving parts all along the Eastern Interconnect. The question is when is the shoe going to really drop? You can only keep prices going up on an inelastic good before something really bad happens, and this doesn't even touch climate tail risks like heat sagging tx lines across the grid.

I think it’s coming soon. The data center demand is just one aspect. In New York, a combination of half baked policy to go carbon free by 2030, and 100% EV a few years later, combined with insane political decisions (Gov Cuomo decommissioning the nuclear plant that supplied 20% of NYC), and the black swan event of Trump starting a trade war with Canada (Quebec is the best source of electricity) is making electric delivery rates alone increase 30%.

On the gas side, we’re both forcing ratepayers to spend billions on conversion from low to high pressure gas mains AND prohibiting new gas service.

The environmental lobby is so dumb and ineffective - the public will be demanding that coal come back.