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Energy
Nuclear power will receive most money from DOE loans, Chris Wright says
Cooling towers at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024.Danielle DeVries | CNBCNuclear power will receive most of the money from the Energy Department's loan office as the Trump…
Electricity bills in states with the most data centers are surging
Electricity prices are surging, voters are growing angry, and the artificial intelligence industry's data centers are increasingly a target for blame with U.S. mid-term elections on the horizon.Residential utility bills rose 6% on…
Anthropic announces $50 billion AI spend, two U.S. data centers
Anthropic announced plans Wednesday to spend $50 billion on a U.S. artificial intelligence infrastructure build-out, starting with custom data centers in Texas and New York.The facilities, which will be designed to support the company's…
What now for peak oil? Unpacking the IEA’s shift on fossil fuel demand
A worker inspects the outdoor gas pipes at the underground gas storage facility operated by Gas Storage CZ AS, in Haje, Czech Republic, on Friday, Jan. 3, 2025.Bloomberg | Bloomberg | Getty ImagesThe International Energy Agency's latest…
Soaring electricity prices fuel backlash against AI data centers
A power substation near the LC1 CloudHQ data center in Ashburn, Virginia, on March 27, 2024.Nathan Howard | Bloomberg | Getty ImagesVoter anger at surging electricity prices is fueling political backlash against the artificial…
‘Godfathers of wind’ raise alarm amid Trump’s attacks on renewables
US President Donald Trump (L), backdropped by Turbines at the European Offshore Wind Deployment Centre, also known as the Aberdeen Bay Wind Farm, walks on the first fairway after playing off the first tee to officially open the Trump…
Democratic senators blame White House, AI data centers for rising
Sen. Richard Blumenthal (D-CT) speaks to reporters outside the Senate Chamber of the U.S. Capitol Building on Oct. 1, 2025 in Washington, DC.Andrew Harnik | Getty ImagesDemocratic senators on Monday blamed the White House push to fast…
New nuclear power boom begins with old problem: Radioactive waste
Castor containers for high-level radioactive waste.Ina Fassbender | Afp | Getty ImagesNuclear power is back, largely due to the skyrocketing demand for electricity, including big tech's hundreds of artificial intelligence data centers…
MP Materials CEO warns investors to approach rare earth projects with
Pentagon-backed MP Materials warned investors this week to approach other rare earths projects with caution, pointing to the industry's difficult economics.Stocks of U.S. rare earth companies have had wild swings in recent months as…
Google’s decade-long bet on TPUs company’s secret weapon in AI race
Sopa Images | Lightrocket | Getty ImagesNvidia has established itself as the undisputed leader in artificial intelligence chips, selling large quantities of silicon to most of the world's biggest tech companies en route to a $4.5…