> In 2021 and especially in 2022, the global rates of inflation have changed our daily lives. With an annual rate reaching +8.9% in July 2022 in Europe

> Thanks to the long-term management of our energy costs in 2021, we did not immediately need to change our prices. However, at the end of 2022 and in 2023, part of our energy purchases coverage are coming to an end and we are going to end up buying energy at a higher price

OVH is a business, thus they have to pay the real prices.

In the end we will all pay via massive inflation for the competence of the European politicians.

In France I think the price of electricity for professionals has been multiplied by five in the past few months. The price of electricity for residential customers and small businesses has only increased by 5% because the French state and EDF are shouldering the difference.

For colocation data centers (e.g. Tokyo or Singapore regions), they're more reliant on the data center provider to do that negotiation, and they negotiate for rack space prices, so it's slightly different (thus why prices in regions can vary dramatically, though this is also labor, what the region can bear price-wise, etc.).

I assume they also have teams hedging power prices to keep those costs reasonable, while OVH and other tier 2's likely haven't reached that scale.

I'll briefly shill my product (crusoecloud.com) because we _do_ vertically integrate our power production and data centers by colocating modular data centers at oil wells (utilizing flare gas), wind/solar, etc. as a way of both keeping energy costs low/stable as well as solving related environmental issues (e.g. reducing methane emissions or providing base loads to renewables).