Technology

I think there's plenty blame to be laid at the feet of data center owners and local permitting morons, for sure. That said, at the end of the day, National Grid NA has posted year on year record profits and continues to argue that price hikes are necessary due to short term fuel cost spikes. Meanwhile, regulators and legislators insist that we need to "negotiate" pricing when most of the infrastructure and labor for generation and transmission is subsidized by the state, is a critical infrastructure, and the operators are still fully capable of netting immense profit despite everything. It just doesn't make sense. They are not going to go away because their profits are fewer billions this year than last year's billions, and if they did, it would be more than fine for the state to step in and take over in providing critical infrastructure for the operation of society, even if it is a cost center, because it's one of the key fucking reasons humans collect into cooperative society in the first place.