Exactly, this is all a symptom of underinvestment in grid capacity, and datacenter companies having to cobble together whatever electricity source they could get their hands on at the last minute.

It's a complete failure of the state in having any kind of foresight.

China, in comparison, has around 2X excess electric production capacity in their grid. That's what made mining Bitcoin, and now ultra-cheap LLM inference, economically viable.