if a huge hydro power generator in a remote location on a far away continent wastes local energy, does my city power bill go up? because of BTC ? tell me more
That influences the global market a tiny amount. Your power bill likewise is affected, presuming your provider has any petro in its supply mix, which it likely does (even if only as a backup).
The impact is tiny to nonexistent at a scale of 1, but for numbers greater than 1 the impact likewise increases.
Petro energy- natural gas, diesel plus coal- don't really concern themselves with CO2 and can use existing transportation to get to remote areas, so the energy produced is very much more fungible on a global scale.
https://www.hydroquebec.com/data/documents-donnees/pdf/compa...
Not sure about economic effect though, I'm not a electrical economic engineer haha