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How do the data center people protect their expensive data center from colossal rate hikes? They can’t just pick up and move. So has Ireland made an agreement
by Waterluvian 4mo ago
How do the data center people protect their expensive data center from colossal rate hikes? They can’t just pick up and move.
So has Ireland made an agreement with them in some way?
I’m just imagining that if there’s no local value for three beyond some temp construction jobs and a handful of service jobs, surely they can just bilk them until they leave. So I imagine data center companies only locate where they can get very safe terms?
- morepork 4mo agoI assume that they sign up to long term contracts to secure the price of power. When it comes to renewal, the DC operator obviously has a sunk cost that they don't want to walk away from. But the electricity generators are also in the same boat. If the DC shuts up shop then there's x00 MW that the generator won't be able to sell and could suppress prices across the whole country. So both parties are incentivised to come to an agreement.