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Amazon invests a lot in its own wind and solar parks. Because of that, energy prices on the open market shouldn't affect them too much.

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Buuut... Just because you made a good business move and hedged one of your raw materials, doesn't mean your competitors did. If your competitors didn't, then you might as well rise prices and just take the extra as profit.

Or... look at it another way, you bought some nice energy futures contracts when they were cheap. You might earn more selling those energy futures contracts now they're very valuable than you make putting that energy into servers and selling the compute.

Interesting, but looking at their map they will go live in Germany in 2025. Which is way too late to ride this out.

Continental Europe has a synchronous power grid, so Amazon can also use electricity produced outside of Germany for its German data centers.

Transit lines even in Germany are already at capacity, and the French are buying up whatever capacity they can because of their nuclear foolishness.

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