This is a recurrent question and not just for servers.

In Europe it is constantly >"why does the households of half of Europe pay for German unwillingness to have a good power mix? Why should anyone want more cross country or long range interconnects if it drives up local prices?"

Say Norway with abundant hydropower, they should by all right have cheap power. But reality is not so in half of the country because they're sufficiently interconnected to end up on a common bidders euro market and end up paying blood money for the poor political choices of countries they don't even share a border with.

Addition: this also creates perverse incentives. A good solution for many of the interconnected flat euro countries would love enormous hydropower overcapacity to be built in Norway at the cost of the local nature. This is great for whoever sells the hydropower. This is great for whoever is a politician that can show off their green all-hydro power mix in a country as hilly as a neutron star. But this is not great for whoever gets their backyard hiking trails reduced to a hydro reservoir.

But hey we do it with everything else too, "open pit mines are too destructive to have in our country, so we'll buy it from china and pretend we're making green choice. Globalism in a nutshell: Export your responsibility.