Locator: 48535SPAIN.
Spanish oil refineries have shut down in Spain. Oh-oh. And I assume charging stations for Teslas are impacted. Fortunately best pizzas are still fired the old-fashioned way.
Whatever a "rapid move in grid frequency" means.
Google: "rapid move in grid frequency".
Basically it means "grid failure, cause unknown."
More, link here.
Next question: will this impact the rest of Europe which relies on energy from Spain and France.
This is all it took, link here.
I still don't know what it means. LOL. But I'm sure all the talking heads on CNN know.
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The AI Story Is An Energy Story
Actually, the sixth industrial revolution runs on electricity which pretty much depends on natural gas.
Silicon? Ubiquitous. Natural gas? Not so much.
Having said that, the three companies above are quasi-monopolies if not outright monopolies.
Of the three ASML has the widest moat, followed by TSMC which, in turn, is followed by Nvidia, although I'm really not sure about the ranking. I don't think it matters.
If google is deemed to be a monopoly, I wonder when ....
