Yeah, if you're going to spend 100 million building a datacenter you should be required to add equivalent grid production in the area. It has drastically increased our electricity prices where I live.
Datacenter demand has simply brought demand forward a bit. This was always coming for us.
So long as they are paying market rates like any other power consumer of their size I see zero problem with it. If they are getting sweetheart deals and exemptions from regulatory rates then there would be a problem.
The issue is lack of building stuff that needed to happen 20-30 years ago when it began to be an obvious critical need. De-industrialization just masked the problem.
If we can’t figure out as a society how to come out ahead with a much more robust electric grid after this giant investment bubble we have utterly failed at a generational scale.