IDK guys, I feel like the solution is pretty obvious. Just tell the utilities to turn on a crypto or GenAI farm to soak up the excess free power. Voilà, problem solved and Value™ created for shareholders. Win win!
this post was submitted on 22 Apr 2024
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I non ironically think that a state that provides zero-cost electricity during its solar spike is going to attract a lot of companies whose productivity rely on cheap electricity, including, yes, AI training centers.
The problem with things like crypto and genAI is that they're capital-intensive, which makes little sense for something that's only available as excess for part of the day on a seasonal basis.
Storage has the same problem, though it does a lot more for people.