AUSTIN, Texas — In a decisive move to protect residential electricity ratepayers amid Texas’s explosive data center boom, Governor Greg Abbott today directed the Public Utility Commission of Texas (PUC) and the Electric Reliability Council of Texas (ERCOT) to ensure that data centers fully fund their own electric infrastructure costs — preventing any of those […]
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As of early June 2026, Kinder Morgan’s long-awaited Gulf Coast Express (GCX) pipeline expansion is entering service, marking a major step forward for natural gas takeaway from the Permian Basin. The fully contracted, $455 million project (Kinder Morgan’s share approximately $161 million) adds 570 MMcf/d of incremental capacity through new compression along the existing 500-mile […]
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New York’s electricity grid is facing growing reliability risks, according to the state’s grid operator. In its latest assessments and the 2025 Power Trends Report, the New York Independent System Operator (NYISO) warns that electricity reserves have shrunk significantly over the past five years. A net decline of 1.5 gigawatts (GW) in available supplies since […]
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The U.S. trade deficit narrowed in April 2026, with exports hitting a record high as surging crude oil and petroleum product shipments more than offset a sharp rise in imports of computers, semiconductors, and telecommunications equipment tied to the AI data center boom. According to data from the Bureau of Economic Analysis (BEA), the trade […]
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In a striking confirmation of the enduring role of fossil fuels in global finance, the world’s 65 largest banks committed a record $906 billion to oil, natural gas, and coal companies in 2025 — an 8% jump from $869 billion the year before. This marks the second straight year of rising fossil fuel financing after […]
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In the heart of America’s oil boom, a tale of two fuels is unfolding in the Permian Basin. While soaring crude prices fueled by the Iran war have oil producers celebrating record revenues, associated natural gas has become a costly burden. At the Waha Hub—the key pricing point for Permian gas—prices have now been negative […]
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New Yorkers woke up to a major milestone in the state’s green energy transition on June 1, 2026: the Champlain Hudson Power Express (CHPE) transmission line began flowing hydroelectric power from Quebec, Canada, directly into Queens. This $6 billion underground and underwater project, developed in partnership with Hydro-Québec, delivers up to 1,250 MW of carbon-free […]
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The U.S. Department of Energy (DOE) announced a historic milestone on June 4, 2026: Antares Nuclear’s Mark-0 advanced microreactor has achieved criticality—the point at which a nuclear reactor sustains a self-sustaining chain reaction capable of producing steady energy. This marks the first success under President Trump’s Reactor Pilot Program and the first time in more […]
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China is moving fast to solve one of the biggest bottlenecks in the global AI race: powering data centers quickly and cheaply. According to state broadcaster CCTV, the country has just launched its first prefabricated computing power hub in the eastern city of Qingdao, Shandong province. This modular power solution promises to slash construction time […]
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In a decisive step to safeguard Florida’s electric grid amid rising electricity demand, the U.S. Department of Energy (DOE) issued a 90-day emergency order on June 4, 2026, directing the Orlando Utilities Commission (OUC) to keep its 465-MW coal-fired Stanton Unit 1 at the Stanton Energy Center running instead of moving it into cold shutdown. […]
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