I wouldn't talk about "clouds" as being limited by energy prices, as though they're uniform. Hetzner is much, much cheaper than AWS/Azure/Google. There's a huge

I wouldn't talk about "clouds" as being limited by energy prices, as though they're uniform. Hetzner is much, much cheaper than AWS/Azure/Google. There's a huge amount of fat/gross margin that could be cut from the pricing of the big ones.