Crude oil prices could surge to $120 per barrel towards the end of the year if the war in the Middle East extends and the Strait of Hormuz remains closed for longer, […]
Higher-For-Longer Oil Scenario Is Here To Stay
Oil prices have been on a climb for over a week now as hostilities in the Middle East continue, and despite recent talk of a glut, the physical market is flashing signs […]
BNEF nearly doubled its forecast for US data center power demand
Data center power demand forecasts just keep rising, even as development risks pile up. BloombergNEF today projected that U.S. data centers’ power capacity could reach 194 gigawatts by 2035, an 83% spike […]
Fossil Fuels Still Generate 57% of the World’s Electricity
When the Energy Institute reported in its Statistical Review of World Energy that the global grid is still ruled by hydrocarbons, it may have come as a surprise to some observers. Now, […]
EU Backs Electrification to Make Europe More Secure
EU Commission identifies grids as a bottleneck for electrification, promising to standardise vehicle-to-grid (V2G) technology The EU Commission has announced an electrification target of 46% by 2040 — doubling the current level. […]
Flawless – Hyperscalers Add Carbon Capture, Renewables and Nuclear to Offset Expanded Gas Use
Natural gas-fired generation is king in the realm of data center development, at least for the near term. Still, hyperscalers are taking a variety of steps to mitigate the climate impact of […]
US Hydropower Faces Supply Chain Challenges With Large Power Transformers
New Report Identifies 9 Unique Challenges That Hydropower Facilities Face When Upgrading or Replacing Large Power Transformers The National Laboratory of the Rockies (NLR) just released a report examining the U.S. supply […]
China’s car market heads for worst year since 2021 as sales plunge 20%
CHANGCHUN, CHINA – JULY 11: People visit the 23rd Changchun International Automobile Expo on July 11, 2026 in Changchun, Jilin Province of China. The exhibition drew participation from 53 Chinese and foreign […]
New York imports more electricity from Canada after high-voltage transmission line opens
On July 3, 2026, the New York Independent System Operator (NYISO) imported 52 gigawatthours (GWh) of electricity from Canada, the most traded between the two areas since January 2025. Some of the […]
U.S. Scientists Tap Seawater to Break China’s Rare Earth Monopoly
Competition for critical minerals used in the energy, manufacturing, and tech sectors is heating up to be a major geopolitical flashpoint around the world. The supply chains for essential ingredients for clean […]
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