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Comment Re:In five years time... (Score 1) 146

This actually has been a problem for utilities for a long while.

https://freemannews.tulane.edu...

"As more and more homeowners install solar panels, they generate their own electricity and buy less from utility companies. While consumer solar adoption is good for the environment, it reduces the revenue that utilities generate from consumers. To make up for the shortfall, utilities raise electricity prices, which in turn pushes more people to switch to solar, further decreasing demand for utility-provided power. This âoeutility death spiralâ can lead to skyrocketing prices for consumers and financial instability for utility companies."

EVs were supposed to be a lifeline, but that whole push has been sidelined.

Comment Re:Greed and infrastructure do not mix (Score 5, Informative) 146

The energy company deciding to end service is not the utility directly serving customers:

"NV Energy, the Nevada utility that has supplied the bulk of Lake Tahoeâ(TM)s electricity for decades, told Liberty Utilities â" the small California company that services the region â" that it will stop providing power after May 2027. The reason: NV Energy needs the capacity for data centers being built by Google, Apple, and Microsoft around the Tahoe-Reno Industrial Center east of Reno, according to Fortune."

Liberty Utilities is the electric company. NV Energy is their main supplier. NV Energy found a customer willing to pay more, and is giving Liberty Utilities notice to figure out a different method to make up the shortfall. Is Liberty negligent? Not at all:

https://california.libertyutil...

https://california.libertyutil...

"Liberty is preparing for a planned transition in our supplemental energy supply beginning in 2028, while continuing to provide safe, reliable electric service to our customers. Liberty began this process in 2019 when Liberty filed for the transmission capacity reservations to enable this transition to the market. Liberty cannot access the greater energy market without these transmission rights, and weâ(TM)re excited to receive those rights when NV Energyâ(TM)s Greenlink-West project goes into service, expected December 31, 2027.
Today, we serve customers through a combination of Liberty-owned solar generation and supplemental wholesale power purchased from NV Energy. Our 60 megawatts of locally owned solar generation will continue to play an important role in our long-term energy mix.
Beginning in 2028, NV Energy will no longer serve as our wholesale energy supplier. To prepare for this transition, we are pursuing a competitive process to secure new supplemental energy supply arrangements focused on sustainability, affordability, and reliability. NV Energy will remain our transmission provider and neighbor, and we will continue using the existing transmission system to deliver electricity to our service territory."

The problem is that apparently NV Energy is moving up the deadline from beginning 2028 to May of 2027... effectively giving 1 year notice to Liberty Utilities basically from now.

https://fortune.com/2026/05/12...

"Data centers used 22% of Nevadaâ(TM)s electricity in 2024, and that share could rise to 35% by 2030. In NV Energyâ(TM)s own 2024 resource plan, about 75% of major-project load growth is attributed to data centers, according to Sierra Club expert testimony filed with Nevada regulators and reviewed by Fortune, and most of it is concentrated in Northern Nevadaâ"using the same system that feeds power to Lake Tahoe.

NV Energy is building Greenlink West, a 525-kV, $4.2 billion transmission line from Las Vegas to Yerington, expected online in May 2027. Schwarzrock said Liberty would be âoefirst in the waiting lineâ when Greenlink opens, giving it access to a wider pool of energy providers. But that timeline matches the contract deadline exactly, leaving almost no margin for error. About 70% of the projectâ(TM)s costs will be borne by Southern Nevada customers. "

So basically Liberty was expecting until December 2027 to make the transition, understandably allowing for delays and other transition activities. NV Energy is basically saying - there will be no delays, be prepared for the cutover to happen in May.

I'm not going to call the parent article complete flamebait, because it does highlight the very specific problem that the Tahoe grid has (it doesn't connect to California, but it is regulated by California regulators.) However, it is a far cry from saying that datacenters are going to cause Tahoe to go dark. That's a potential possibility if there are delays but NV Energy decides to cut them off anyway, but it is not a definite likelyhood.

This is just more datacenter FUD.

Comment Meanwhile, at Carnegie Mellon... (Score 4, Interesting) 193

Jensen Huang to college grads: "Run. Don't walk" toward AI

https://www.axios.com/2026/05/...

Nvidia founder and CEO Jensen Huang told graduates at Carnegie Mellon University in Pittsburgh yesterday that demand for AI infrastructure is creating a "once-in-a-generation opportunity to reindustrialize America and restore the nation's capacity to build."

Why it matters: With many college grads fearing AI could obliterate their career dreams, Huang pointed to boundless opportunity as a "new industry is being born. A new era of science and discovery is beginning ... I cannot imagine a more exciting time to begin your life's work."

Nvidia, which makes AI chips, is the world's most valuable company. Huang told 5,800 recipients of undergraduate and graduate degrees that the AI buildout will require plumbers, electricians, ironworkers, and builders for chip factories, data centers and advanced manufacturing facilities.

"No generation has entered the world with more powerful tools â" or greater opportunities â" than you," he said. "We are all standing at the same starting line. This is your moment to help shape what comes next. So run. Don't walk."

"Every major technological revolution in history created fear alongside opportunity," Huang added. "When society engages technology openly, responsibly, and optimistically, we expand human potential far more than we diminish it."

Full speech: https://www.youtube.com/watch?...

Comment Re:Depends on your goals, I guess. (Score 3, Interesting) 85

I looked at a waterfall project where the mayor ended up spending $3M to have an audit done on the current state of a project that was way behind on time and way over budget, only for them to come back and say that it'd be cheaper to burn all the effort to date and start fresh.

Comment If the asset tax passes, he'll owe 1.5B (Score 1) 175

Or 300M plus interest per year over 5 years.

Not including Federal capital gains taxes on sale of any company shares that he liquidates, or California income taxes, likely at the 14.4% tax bracket.

Or he could try and find a bank to lend him 300M in cash every year, secured against his equity stake. Anyone?

Comment Free AWS? (Score 1) 191

So wait... if I migrate my stuff to the ME datacenters, I won't have to pay? I'm aware that service may not be available or intermittent, and that resources may be lost permanently without warning... but if I'm designing for fault tolerant operations, this seems like a perfect proving ground, and not having to pay during the reconstruction period seems like a bonus...

Comment Re: Rebecca Watson covered this on YouTube (Score 1) 244

They arent selling the product, most likely, a reseller or importer is.
With zero presence in country, they use a 3rd party for shipping, it is basically impossible to go after them.
Think like a small time comic artist selling art getting a commission and mailing it to the country of the buyer, only to find out that the art was 'illegal'.
Thus the go after amazon thing, because they are the enabling party inside the USA.
Another issue is jailbreaking the bikes.
A bike that can do the legal limits with a 200 pound adult on it can do quite a bit more with the limiters removed and a kid only weighing 100 on it.

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