Data centers have already hiked electricity prices on the public by $23 billion. Good luck clawing that back | Fortune
fortune.com
A PJM market watchdog calls the shift a "massive wealth transfer" to tech companies, but there's a peak-demand loophole.
  • Alexstarfire@lemmy.worldEnglish
    4·
    23 days ago

    But I was told data centers would pay for their own electricity and wouldn’t increase the cost for others. Are you telling me they lied, as if it wasn’t obvious?

    • Joe@discuss.tchncs.deEnglish
      2·
      23 days ago

      Yes, bad data centers. BAD BAD datacenters. whacks datacenters on nose with a rolled up newspaper