You'd think this would give us some wiggle money to play with to build out new energy infrastructure. You're wrong though, there is no wiggle. We need all renewables like Germany.
Although the transition to EVs will require an enormous increase in base production capacity, it would be wasteful to build out nuclear to meet it.
$16m an hour might seem like a lot of damage, but nuclear can only exacerbate economic loss which is equally important as climatic loss.
Renewables now!
It's not costing the companies that are causing it anything though because the cost is subsidized by the public.