Illotus
6 hours ago
This is basically due to Google probably rightly believing that electricity price in Finland is going up due to all these datacenters and also a pr stunt that the current government loves because they can claim that they aren't allowing these datacenters to raise electricity price.
This isn't investing in power infrastructure in any way, there is no reality where that nuclear plant wasn't staying in operation as long as they can possibly keep it running in the foreseeable future. Basically only way Google and Fortum will be building new nuclear capacity is by Finland promising to cover any electricity price below 15 cents per kWh in the market.
sfn42
4 hours ago
> they aren't allowing these datacenters to raise electricity price
If you reduce supply,price generally goes up. Buying a power plants output reduces supply
hdgvhicv
an hour ago
What it does allow is for Google and the governemt to say these data centres aren’t generating any co2
Of course everyone’s else’s co2 emissions then increase instead.
The only solution is more zero co2 emissions. Google could have funded large wind farms, or a new nuclear plant, or grid connections to other locations. But that would cost more.
Illotus
3 hours ago
Yes, it is just pr that now that Google invests with Fortum the price wont rise. Its basically just smokescreen.
brigandish
3 hours ago
Only if demand increases to the point where supply cannot meet demand in a short enough time frame. Capacity is a factor here.
You buying a doughnut - even half the doughnuts - from a doughnut shop does not increase the price of the remaining doughnuts unless they can't make enough to satisfy remaining demand and people are willing to outbid you rather than wait.
Does that power station have enough capacity to satisfy the remaining demand?