Henrico County is a major hub for data centers in Virginia. Its officials said it expects a 25% rise in electricity costs next year, and advised workers to close the blinds and turn off their computers to make up for it.

  • Zink@programming.dev
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    2 days ago

    I wonder if there’s any chance of all the tech speculation helping to fund electrical grid upgrades (including grid scale storage for renewables) that actually benefit regular human society after the bubble pops.

    • quadrant5835@lemmy.zip
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      1 day ago

      Seems unlikely unless the bubble survives another 5+ years. My guess is power companies are taking AI contracts and cash now, promising to add capacity later, and then when the bubble pops they will shrug, say no more capacity is needed, and give the CEOs a huge bonus.