A new electricity supercycle is under way
1 week, 1 day ago

A new electricity supercycle is under way

Live Mint  

The factory floor of Schneider Electric’s plant in Conselve, Italy, hums with urgency. The world’s total energy needs are also continuing to rise—a third force underpinning rising investment in electricity infrastructure. In December America’s Department of Energy provided a$15bn loanguarantee to PG&E, a Californian power utility hit hard by wildfires in recent years, to help it invest in making its grid more resilient. Hitachi’s energy business, which also has a hefty backlog, has spent $3bn on capital expenditure over the past three years and plans to spend another $6bn by 2027, including $1.5bn in transformers. For now, spending on electricity infrastructure shows no sign of easing, as grid operators grapple with rising power consumption, a changing generation mix and ageing infrastructure.

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Households may soon face higher energy bills with grid fees potentially tripling
1 week ago

Households may soon face higher energy bills with grid fees potentially tripling

NL Times  

Households in the Netherlands are expected to see their grid operator costs double or even triple in the coming years, due to billions in investments by network operators. Last year, households paid an average of 594 euros for grid operator costs, including VAT, with 363 euros allocated to electricity and 232 euros to gas, according to environmental knowledge center Milieu …

Power usage, innovation driven by new infrastructure
5 months, 1 week ago

Power usage, innovation driven by new infrastructure

China Daily  

Factory workers at a charging pile manufacturer in Luoyang, Henan province, inspect EV charging piles. China's rapid development of new infrastructure has emerged as a key driver of power consumption, fueling substantial growth in sectors such as 5G, artificial intelligence and electric vehicles, said industry experts. Electricity consumption for internet data services, including big data processing, cloud storage, cloud computing …

Big Tech’s Latest Obsession Is Finding Enough Energy
9 months, 3 weeks ago

Big Tech’s Latest Obsession Is Finding Enough Energy

Live Mint  

HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle over plans to tackle climate change. But most everyone agreed the data centers needed to advance AI will require so much power they could strain the power grid and stymie the transition to cleaner energy sources. Former U.S. Energy Secretary Ernest …

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