Chinese Grid Operators Resist Plans To Boost Renewables To Power AI

China’s aggressive push to power its rapidly expanding AI data centers with renewables is running into practical resistance from grid operators, who warn that the sector’s inflexible power demands could increase reliability risks and complicate grid planning. Industry analysts and officials told Reuters that Beijing’s strategic goal of having renewables supply the majority of electricity […]

Continue Reading

Texas Gov. Abbott Directs PUC and ERCOT to Shield Texans from Data Center and Infrastructure Costs

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 […]

Continue Reading

World’s 65 Biggest Banks Pumped $906 Billion Into Fossil Fuels in 2025. The Iran War will escalate exploration and production, pipelines, and energy security spending and financing.

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 […]

Continue Reading

First Reactor in Trump Pilot Program Hits Milestone to Ramp Up Nuclear Nationwide

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 […]

Continue Reading

An Economic Assessment of the 765-kV Strategic Transmission Expansion Plan Brent Bennett, Ph.D. talks about An Alternative Approach to Enable Cost-Effective Growth

Texas is facing explosive electricity demand growth from the Permian Basin’s oil and gas operations, data centers, manufacturing, and electrification. In response, ERCOT and the Public Utility Commission of Texas (PUC) have fast-tracked the 765-kV Strategic Transmission Expansion Plan (STEP)—including the Permian Basin Reliability Plan (PBRP)—a massive build-out of high-voltage transmission lines designed to import […]

Continue Reading

Russia and Kazakhstan Sign Nuclear Power and Currency Swap Deals as Putin Visits Astana

In a significant step forward for bilateral energy and financial cooperation, Russia and Kazakhstan signed key agreements on nuclear power financing and a ruble-tenge currency swap during Russian President Vladimir Putin’s visit to Astana today. The deals were inked as Putin met with Kazakh President Kassym-Jomart Tokayev. They underscore deepening ties in the energy sector […]

Continue Reading

WSJ Writes – If the Road to Economic Hell is paved with Good Intentions, don’t expect to see German Cars driving on it

The Wall Street Journal recently captured Germany’s predicament with brutal clarity in pieces like “Germany’s Slow Industrial Suicide.” A LinkedIn post by Doug Sheridan amplified the editorial, highlighting how green mandates, Net Zero zeal, and the Energiewende have delivered deindustrialization instead of the promised green nirvana. The ironic title nails it: Good intentions around climate […]

Continue Reading