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re: Zero Hedge piece: America’s Power Bill Shock Is Just Getting Started
Posted on 1/30/26 at 8:36 am to ragincajun03
Posted on 1/30/26 at 8:36 am to ragincajun03
I can't pay for heat if I don't have power.
0
Posted on 1/30/26 at 8:48 am to Dixie2023
quote:
I hear what you are saying. I feel those AI and tech centers should foot the bill for growth and subsidize.
I hear you. That’s where we are at. But the public saying the grid and generators are actually ours to decide who gets access, is socialism. Which is fine. But the drawback to socialism is you throw off the supply demand feedback. If you fix the price, you get zero investment.
And also, politicians who ultimately control socialist policy are bought and paid for. So eventually the tech company wins. But your stocks go up! And stocks are the economy (or so I’m told).
Posted on 1/30/26 at 8:56 am to NukemVol
quote:Well, the public has a pretty negative opinion of how government entities spend tax dollars.
But I also don’t understand why the public thinks they can dictate the use of a commodity. And the tech companies will eventually buy the right congressmen to give them the grid access they need, and frankly it’s capitalism and will ultimately result in the public realizing they can’t just stop investing in infrastructure.
The projects that we build are shoddy, take forever, explode in cost due to fraud and corruption, and always have the risk of being canceled on a whim by the next administration.
The system doesn’t work for the people anymore.
This is both at the state and federal level.
It is a joke.
“You have to give up more of your money to incompetent individuals who will squander it so that you don’t have to give up more money because companies will buy politicians…something which will happen no matter what you do.”
Posted on 1/30/26 at 8:56 am to ItzMe1972
Don’t blame data centers. Blame all of the above and mandated , subsidized renewable energy sources (wind, solar) that are unreliable and have to be backed up with baseload generation. Like to pay for capacity twice? I don’t.
Also the shutting down of “dirty” coal plants. You know, like the ones that have electrostatic precipitators, scrubbers, and SCRs so their emissions meet all ambient air quality standards that are reviewed and revised (usually downward) every five years by the USEPA based on latest standards?
Not to mention the inability to build baseload nuclear plants in less than 20 years (see Vogtle). Also don’t forget Santee Cooper. That’s the SCE&G plant cancelled after 20 years of development and construction.
So we are now promised the next nuclear shiny penny, small modular nuclear reactors. We’ll see. Westinghouse AP-1000 reactors are built worldwide. We have two. 20 years. See Vogtle. Too bad about Santee Cooper.
Who did you think pays for this dysfunction? Data centers are not the problem. We are. This is why.
Oh, and multimillion dollar salaried utility executives are not going to jeopardize their livelihoods by taking on the political establishment by telling us the truth. Those days are long gone.
Also the shutting down of “dirty” coal plants. You know, like the ones that have electrostatic precipitators, scrubbers, and SCRs so their emissions meet all ambient air quality standards that are reviewed and revised (usually downward) every five years by the USEPA based on latest standards?
Not to mention the inability to build baseload nuclear plants in less than 20 years (see Vogtle). Also don’t forget Santee Cooper. That’s the SCE&G plant cancelled after 20 years of development and construction.
So we are now promised the next nuclear shiny penny, small modular nuclear reactors. We’ll see. Westinghouse AP-1000 reactors are built worldwide. We have two. 20 years. See Vogtle. Too bad about Santee Cooper.
Who did you think pays for this dysfunction? Data centers are not the problem. We are. This is why.
Oh, and multimillion dollar salaried utility executives are not going to jeopardize their livelihoods by taking on the political establishment by telling us the truth. Those days are long gone.
Posted on 1/30/26 at 8:58 am to ragincajun03
Existing rate payers in Louisiana subsidizing the power bill for a new Meta data center instead of the other way around is peak America.
Posted on 1/30/26 at 9:05 am to ned nederlander
quote:Exactly.
Existing rate payers in Louisiana subsidizing the power bill for a new Meta data center instead of the other way around is peak America.
The data centers should bear the brunt of the cost, considering they are bearing the brunt of the use.
The selling point of bringing in jobs is an absolute lie too.
Posted on 1/30/26 at 10:32 am to bad93ex
quote:
Too many eggs into the “renewable” basket has hamstrung our (United States) ability to produce power. Seemingly every (industrialized) country around the globe is facing this issue. Germany is firing up old coal-fire plants to meet demand.
I disagree with that. The same institutional banks invest in all forms of energy production. And they like diversification. Take renewables out of the equation and they would find something else to diversify with. Concentration risk is usually the number 2 topic at any investment committee meeting to close a deal.
This post was edited on 1/30/26 at 10:32 am
Posted on 1/30/26 at 11:37 am to NukemVol
It’s already socialist and controlled by government/bureaucratswho make sure the Entergy companies make 10%+ when they shouldn’t. Then we get nickeled and dimed for low income people and bullshite fees and taxes that keep increasing. In my $300 bill in Nola almost $30 goes to help low income which is absolute bullshite
Posted on 1/30/26 at 12:13 pm to billjamin
quote:
they like diversification
China has 29 nuclear facilities under construction, we have 0 but the goal is to have 10 by 2030.
Posted on 1/30/26 at 12:18 pm to ItzMe1972
quote:
Elon said AI will hit the wall the year with lack of electricity. Watch NVDIA
Didn’t Trump just come out and say they’ve got to start supplying & buying their own power?
Posted on 1/30/26 at 12:33 pm to NukemVol
quote:
The reason our grid is so behind is because the public won’t accept a rate increase to match the demand for the product.
Because energy is a monopoly in most markets. Comparing it to the open market is incorrect.
Posted on 1/30/26 at 12:38 pm to Bjorn Cyborg
quote:Exactly.
Because energy is a monopoly in most markets. Comparing it to the open market is incorrect.
On top of that, they squander our taxes, start projects, balloon costs, basically steal the funds, and then cancel them.
Public works in the USA is a racket.
Posted on 1/30/26 at 12:40 pm to bad93ex
quote:
China has 29 nuclear facilities under construction
Thats because they subsidize the shite out of it. Far more than we do.
quote:
we have 0 but the goal is to have 10 by 2030.
We'll never his it with the current subsidy strategy.
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