Data centers are turning into an unexpected obstacle that may well compromise the whole transition offensive against hydrocarbons. Wind and solar could supply power to data centers for certain periods of a day, week, or […]
But this stuff takes years. Until then, the massive spending from corporate balance sheets and cash flows that circulates & circulates is very stimulative of the economy. By Wolf Richter for WOLF STREET. The amount of money that […]
Daily Standup Top Stories Trump return will slow, not stop, US clean energy boom November 6, 2024 Clark Savage Nov 6 (Reuters) – Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil […]
Meta’s plans to build a nuclear-powered AI data center were scrapped due to the discovery of rare bees at the proposed site. The incident highlights the growing tension between Big Tech’s increasing demand for energy […]
Microsoft’s plan to restart Three Mile Island points to the way forward. Hollywood thrillers rarely change the course of history, but if they had their own category at the Academy Awards, a good candidate might […]
Daily Standup Top Stories Dimon Issues Dire Warning About “Treacherous” Geopolitical Situation October 14, 2024 Mariel Alumit Jamie Dimon, CEO of JPMorgan Chase, has expressed concerns about the global economic outlook. He cited geopolitical tensions, particularly […]
Alphabet Inc.’s Google is investing in the development of the next generation of nuclear power, backing a company that’s building small modular reactors and agreeing to purchase energy once the sites start supplying US grids. […]
On Monday China has launched large military drills encircling the self-governing island of Taiwan, which Taipei has blasted as an “unreasonable provocation”. China’s PLA military deployed warships and fighter jets to send a “stern warning” against […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), September 2024 Note: The Electric Reliability Council of Texas (ERCOT) defines large flexible load as any facility drawing power from the grid with an expected peak demand capacity of 75 megawatts […]
Last month, Constellation Energy announced a 20-year power purchase agreement (PPA) to provide electricity to Microsoft data centers in the mid-Atlantic region from the Unit 1 reactor at the Three Mile Island nuclear power plant in Pennsylvania. […]
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