21% of all energy is now being consumed by data centers with not enough investment in new forms of energy generation.
This is a policy decision by the government. More realistically it is a decision to not proactively do anything and instead rely on market prices to encourage new entrants to the market.
https://www.cso.ie/en/releasesandpublications/ep/p-dcmec/dat...
weird, because wouldnt part of the price for electricity include the network?
Are you telling me that the electricity purchasing is like me purchasing from amazon, but but never charges shipping, or factor it into the products, and then suddenly cant ship because all trucks are used and no money to buy new?
Would any free market proponent like to chime in here? Why hasn’t this occurred?