Here in Norway we already have issues with volatile and high electricity prices, because:

1) We're not expanding hydropower generation very much. We can upgrade existing dams for improved efficiency, but no new dams are being planned, because it's politically and environmentally arduous to do so. There's some wind buildout, but that's also a political quagmire due to nimbyism. Nuclear isn't even close to having a political consensus behind it, and even if it did, it would take years. And our geography is uniquely ill suited for solar.

2) Winters have less and less snow, summers have less and less rain, leading to issues filling reservoirs. This will only get worse in the future.

3) The north has a surplus, but the infrastructure for transferring it to the south is underdeveloped

4) lots of the electricity we generate is being sold to central Europe to compensate for Germany's idiotic decision to shut down their nuclear reactors and Trump's idiotic decision to send oil prices over $100

Unfortunately data centres are currently being built, which depresses me. Because who will use them? Giant American tech companies will use them, to lobotomise our youth, poison our political discourse and steal our personal data. Fuck that.

Data centres also create very few jobs beyond the initial construction phase. Overall it's a very, very bad deal for Norway as a nation.