International
US Energy News
Occidental’s Big Tease Sets the Stage for Earnings
Houston-based Occidental Petroleum (NYSE: OXY) delivered its customary pre-earnings operational and realizations snapshot on October 13, 2026, via an 8-K filing of “Third Quarter 2026 Earnings Considerations.” As Reese Energy Consulting noted in a LinkedIn post the same day, it functions as the trailer before the full movie—the formal Q3 results scheduled for after-market close […]
Finance
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Electrical Generation / Utilities
US Grids Strain Under Heat During Peak Repair Season
A short-lived but intense blast of unseasonal heat is colliding with the annual autumn maintenance window, tightening power supplies on grids that serve roughly one-third of the U.S. population and prompting fresh federal emergency measures. On October 13, 2026, Bloomberg reported that temperatures were expected to run more than 25°F above normal in parts of […]
Who Pays For Data Center Power, and 9 other huge stories on the Energy News Beat Stand Up
Hat tip to the Daily Caller and Simon August, Energy Reporter Data centers are powering the AI revolution—but who’s paying the bill? In this episode of Energy News Beat, host Stu Turley digs into a $29.4 billion question that’s about to hit your electricity bill. Federal regulators just rejected most of PJM’s plan to make […]
AI / Data Center
Who Pays For Data Center Power, and 9 other huge stories on the Energy News Beat Stand Up
Hat tip to the Daily Caller and Simon August, Energy Reporter Data centers are powering the AI revolution—but who’s paying the bill? In this episode of Energy News Beat, host Stu Turley digs into a $29.4 billion question that’s about to hit your electricity bill. Federal regulators just rejected most of PJM’s plan to make […]
FERC Rejects Most of PJM’s Data Center Plan, and the $29.4 Billion Question of Who Pays Is Still Open
If you live in one of the 13 states or D.C. served by PJM, data centers are already on your power bill. The grid’s own market monitor puts their added capacity cost at $29.4 billion over four auctions. On Friday evening, federal regulators threw out most of PJM’s plan to make new data centers bring […]
Global Demand for Power is growing Faster Than Grids can support
Global electricity demand is growing faster than the grids that have to carry it. The constraint is no longer just generation. It is the hardware that steps voltage up and down—large power transformers and the related substation gear—and the industrial base that used to build them. The International Energy Agency’s Electricity 2026 report puts global […]
North Carolina’s Republican-controlled Utilities Commission has drawn a rare line in the sand.
September 18, 2026, the North Carolina Utilities Commission denied Duke Energy Progress a Certificate of Public Convenience and Necessity for a new natural-gas simple-cycle combustion turbine at the Sherwood H. Smith Jr. Energy Complex in Richmond County. The denial is without prejudice, meaning Duke can refile. The message, however, is clear: data-center load forecasts and […]
Oracle’s huge data center project declares force majeure. Is this the first warning sign in the data center space?
On Thursday, September 24, 2026, Bloomberg reported that Oracle sent a force majeure notice to the developer of Project Jupiter — the 1,400-acre AI campus in Doña Ana County, New Mexico — in an effort to defer payments if the facility misses its planned 2028 in-service date. Shares of Oracle fell about 4–5%. Blue Owl […]
