ABrown

🦔 NV Energy is cutting off power to Lake Tahoe's Liberty Utilities by May 2027, leaving 49,000 customers without 75% of their electricity supply. NV Energy said it can't continue the contract because of its "own resource needs." At a business event last September, an NV Energy executive said data centers have driven requests to triple the company's peak capacity, calling it "unprecedented times" and adding that they're "excited to serve this load" but "cannot impact our existing customer base." Liberty Utilities now has about a year to find replacement power, likely from sources outside California since it's not physically connected to California's energy market. My Take A utility is telling 49,000 residential customers to find electricity elsewhere because data centers need the capacity. That's the tradeoff being made explicit. NV Energy didn't frame it that way, but when your executive says data center requests would triple peak capacity and then you cut off a decades-long customer to meet your "own resource needs," the math is obvious. This is happening while AI companies burn through electricity at rates that would have seemed absurd five years ago. Jensen wants engineers using $250,000 in tokens per year. OpenAI is building data centers that need their own power plants. And now a ski town is being told to find power somewhere else because the grid can't serve both them and the machines. The NV Energy executive said they can't impact their existing customer base, but Liberty's customers are their existing customer base. They just decided which customers matter more. Hedgie🤗

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