News Powered By AI
News Powered By AI
Artificial intelligence’s challenge is not electricity supply but inflexibility, as massive data centers arrive in specific locations on compressed timelines that outpace grid infrastructure development.
Oil prices fell sharply after the US paused military strikes on Iran, with Brent crude dropping from over $100 to below $88 per barrel as traders bet on reduced escalation risks.
Finland commissioned the world’s largest sand battery in a small town, reducing heating emissions by 70% without rare earth materials, offering an alternative to lithium-ion storage.
Indonesian billionaire Prajogo Pangestu made an unsolicited bid exceeding $5 billion for the Philippines’ largest geothermal company, raising questions about regional energy integration and control of strategic assets.
Zambia has deployed 500 MW of utility-scale solar capacity over the past three years and targets 1,000 MW by year-end, advancing its plan to increase total generation capacity from 4.5 GW to 10 GW.
The Bank of England will stop accepting bonds linked to thermal coal as collateral for commercial bank loans starting in October, citing climate and financial risks.
