So no LLMs for 3-5 months a year in most of Europe?
I believe we can generate baseload energy by cooling the planet... nearly everywhere, no fuels needed.
Afaik electricity is around 7c/kWh in China. I got 8c/kWh 2y contract a couple weeks ago here in Finland. Though have to add 4c/kWh for transfer to that (no clue if the Chinese prices I could find include that). Commercial prices are less then that (no VAT and possibly lower power tax bracket. The 8c includes all taxes/fees)
Which is why I suspect most nominal "data centers" are fronts for crypto mining, an activity that seeks out the cheapest energy.
EU average is just under 29c/kWh (non-contract price) [0]
In the UK I got 27.5c/kWh (+ 58c/day fixed charge) on an 18-month contract a month ago
[0] https://ec.europa.eu/eurostat/statistics-explained/index.php...
But after all the "sales true ups" and "affordability charges" and "resource adjustments" and "fuel cost charges" and "interim rate adjustments", not to mention the city fees and sales tax, the final bill divided by my usage gave me an effective rate of 23 c/kWh.
Utilities have to argue for rate increases and get them approved by regulators, so they’re not just dropping fees on top of everything as they please from month to month.
Really nobody should assume that their service is flat rate with a slope down to $0/month if you consume 0kWh. There are fixed and marginal costs in every service like this.
Do regulators ever reject rate increases that the utilities ask for?