Tech Companies Need a Hedge Against Worrisome Grid Politics

“A common critique of CRE is this: “We need AI data centers to help pay for the grid.” Yes, the blackboard economics view of grid supply tells us that retail rates should fall for everyone as the total watt-hours on the grid increase and grid utilization improves. But in the real world, risks abound, and no one can guarantee the AI bubble will never burst.”

https://travisfisher.substack.com/p/tech-companies-need-a-hedge-against