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By Laila Kearney PJM capacity prices up more than 1,000% in the last two years Industrial electricity prices grow faster than residential, business costs New regulations to manage data center power use could hit factories Industrial manufacturers look for ways to cut costs NEW YORK, July 7 (Reuters) – For years, electricity costs for the …
By Dave Sherwood and Ayose Naranjo HAVANA, July 6 (Reuters) – Cuba began to slowly restore power on Monday after the country’s national electric grid collapsed earlier in the day, the latest blow to an island already suffering from severe energy, fuel and medicine shortages. Grid operator UNE said it was providing electricity to some …
Cuba Begins to Restore Power to Havana Following Nationwide Blackout Read More »
July 6 (Reuters) – More than 373,000 homes and businesses were without power as of Monday due to extreme weather conditions across several areas of the United States, according to data from PowerOutage.us. Pennsylvania was the hardest hit, with over 70,000 outages, according to the data. The utility with the most outages was FirstEnergy, where around 59,775 …
More Than 373,000 US Customers Without Power Due to Extreme Weather Read More »
(Reuters) – Cuba’s national electric grid collapsed on Monday at midday, the country’s grid operator said, leaving around 10 million people on the Caribbean island without power. Grid operator UNE said it was investigating the cause of the nationwide blackout. Cuba has for months suffered from hours-long, and more recently, days-long power outages linked in …
Cuba’s National Electric Grid Collapses, Reason Unknown Read More »
By Robert Tuttle Pembina Pipeline Corp. will move ahead with a C$4.6 billion ($3.2 billion) gas-fired electricity plant that will power a data center project in Alberta. The Greenlight Electricity Center, a 932-megawatt plant to be built in Sturgeon County, will serve a “major data center” development, Pembina, Morgan Stanley Infrastructure Partners and Kineticor Asset …
Canada’s Pembina Advances Gas-Fired Data Center Project Read More »
Fracking, booming power demand and enthusiastic political support have underpinned the fuel’s rise, but for how long? By Julian Hast and Nathan Risser The transformation of the US and its economy over the last 250 years can be tracked through its energy use: An early dependency on burning wood gradually gave way to coal, and …
By Tim McLaughlin PJM forecast record demand of 166.2 gigawatts at about 6 p.m. EDT Thursday Wholesale power costs rose 68% to $40 billion in the first five months, PJM watchdog says Data center demand accounted for $3.8 billion of the $16.25 billion year-over-year cost increase BOSTON, July 2 (Reuters) – Largest U.S. power grid …
Heat Dome Poses Woes for Largest US Power Grid Beyond Data Center Boom Read More »
(Reuters) – U.S. Energy Secretary Chris Wright on Tuesday urged supporters of data centers at an Amazon Web Services conference to push back against critics, saying concerns about the facilities are “overblown.” Wright listed concerns that opponents have raised about the boom in the facilities including water and power use and that the artificial intelligence …
US Energy Chief Exhorts Data Center Backers to Push Back Against Opponents Read More »
(Reuters) – Data centers are being blamed for America’s rising electric bills. But the real issue is not that AI — and consumers in general — are boosting energy usage. The real problem is structural, and it began long before the latest infrastructure boom. Average residential electricity rates rose 6% last year — more than …
(Reuters) – Chevron is exploring additional data center deals across the U.S., including the Midwest, Rockies, and Gulf Coast, following its two-decade-long contract to power a Microsoft data center in West Texas, a company executive told Reuters. Oil and gas companies such as Chevron and Exxon Mobil are angling to profit from the record-high electricity …
EYEING MORE: Chevron Eyes More Deals to Power US Data Centers Read More »
