[ds]

Im familiar with energy markets. Im also familiar with the fact that any serious seller or buyer of energy locks in yearly pricing contracts and is unaffected by these swings. Any serious datacenter or industrial buyer is not relying on spot pricing. These energy markets also dont exist in every state.

[thinkcontext]

If you are familiar with energy markets then by all means tell us the percentage breakdown of electricity consumed that is covered by long term contracts vs the spot market.