The Latest Breaking News from Electricity

A wave of artificial intelligence infrastructure is sparking a massive U.S. power boom, with Goldman Sachs projecting electricity demand growth not seen since the 1990s — and it’s opening the door to new investment opportunities across the energy and tech supply chains.

The Australian Energy Market Operator estimates data centres will consume 6% of Australia’s grid-supplied electricity by 2030.

Grattan Institute report argues fall in costs will provide federal government room for more action on climate

Power from solar, wind hydro and biomass totals 9.24 terawatt hours, compared with 8.8 terawatt hours from burning the fossil fuel

AI datacenters are driving up U.S. power demand and boosting coal generation by nearly 20%, but while nuclear plants supply the steady output needed for long training runs, coal and renewables mainly serve to stabilize the grid and absorb the sharp, unpredictable power spikes from AI workloads.

Southwark Council is offering Castle Square businesses a payment plan to settle their arrears

On Friday, venture capitalist Chamath Palihapitiya warned that Big Tech firms such as Microsoft Corp. (NASDAQ:MSFT) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) could face growing backlash from local communities unless they act to offset rising electricity rates tied to massive AI data center expansion.

The grid operator Red Eléctrica has warned that an "abrupt voltage variation" could affect power supply, prompting residents to prepare for another blackout.

The explosion in data centers for artificial intelligence has meant surging demand for electricity.