Many organizations have called employees back to offices following Covid-related lockdowns, but the Iran war and ensuing energy crisis may quickly see workers returning to work from home. The International Energy Agency (IEA) – an energy watchdog established to help safeguard global power supplies following the 1970s oil crisis – is pushing for governments, businesses, […]
Power has become one of the biggest bottlenecks in rolling out new AI data centers. That’s creating an opening for investors.
The new Tesla Energy Ventures division was approved by Ofgem to sell electricity directly to customers.
Soon after the Trump administration launched its war on Iran, I called up Reed Blakemore, director of research and programs at the Atlantic Council Global Energy Center, to talk about the consequences. While oil and gas prices were already on the rise, there was still more hope then that the impact of the conflict might […]
Bill Gates-founded nuclear energy startup TerraPower has been granted approval from the Nuclear Regulatory Commission to build a next-generation reactor in Wyoming. This is the first commercial-scale, advanced nuclear power plant to ever receive the federal permit, according to the press release, and will be the first commercial reactor constructed in the US in almost […]
Leaders from Google, Meta, Microsoft, Oracle, OpenAI, Amazon, and xAI met with President Donald Trump today to sign a “rate payer protection pledge.” It’s one way they’re responding to growing bipartisan concerns about electricity rates rising as tech companies and the Trump administration rush to build out a new generation of AI data centers. “[Tech […]
Fuel prices surged after the Trump administration launched strikes against Iran on Saturday, immediately raising questions about whether the war would increase energy costs for Americans, put more pressure on power grids, and push companies to pump out more oil and gas in the US. If conflict drags on, that could potentially play into Donald […]
President Donald Trump tried to quell Americans’ concerns about rising electricity costs during his State of the Union speech by claiming that he’s negotiated a “rate payer protection pledge” with major tech companies, which would see them build out or pay for new electricity generation for their data centers. Leaders from Amazon, Google, Meta, Microsoft, […]
The Trump administration just tossed out Biden-era restrictions on mercury and other toxic pollutants from power plants. It’s repealing Mercury and Air Toxics Standards (MATS) just as electricity demand in the US ticks up with the buildout of new AI data centers. Those standards are particularly impactful when it comes to pollution from coal plants […]
Anthropic is the latest AI company promising to limit the impact its data centers have on nearby residents’ electricity bills. The company said it would pay higher monthly electricity charges in order to cover 100 percent of the upgrades needed to connect its data centers to power grids. “This includes the shares of these costs […]