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Comment by supermatt

16 hours ago

> Lithuania is definitely one of the cheaper countries

And yet has one of the highest wholesale rates...

> Hetzner prices it at...

Hertzner are reselling. They make a profit on energy resale. Their rate also includes a substantial buffer on the actual rate to account for volatility. Their rate is most likely less than half of what they are passing on for colo.

For reference, last year German industrial energy prices were around 10c/kWh INCLUDING taxes and network fees - and the government are looking to subsidize that further to target 5c/kWh: https://www.gleisslutz.com/en/know-how/germany-cuts-costs-el...

You're talking about select industries which are being supported via subventions, data centers are not included. If you pay attention to the wording in your cited article, they've said so as well.

And hetzner does not have a large upsell for their energy prices, they're pretty much passing in the price as-is according to their own statements (from the large increase to 40c)

Almost all commercial applications need to pay the quoted prices around what's shown in figure 6