Do you realize how much energy it takes to run it at full power?
At full power, I'm calculating around 1,500 gigawatt hours per month. Think large data center x5. That's a lot of heat and energy consumption.
Per their reporting, they were running at about 1.5TW/yr. They'll likely double to triple that. I still do not see a correlation between prices now and the LHC. When oil was at $180/brl in 2008, was that also a tax to cover LHC usage?
This has been planned for years and isn't "all of the sudden" and has been pushed back to 2026ish.
It was $87 a barrel at its peak in 2008. I remember because above $70/barrel fracking with the tech at the time was profitable. We could make it profitable with ~$55/barrel with current tech.
$140/brl and $180 inflation adjusted.
https://www.macrotrends.net/1369/crude-oil-price-history-chart
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