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The Latest Breaking News from Electricity

Nvidia, Meta Thriving On 'Middle-Class Rip-Off' As Power Costs Spiral 267% Amid AI Boom: Larry McDonald

Tech giants like NVIDIA Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms, Inc. (NASDAQ:META) are thriving amid what market strategist Larry McDonald calls a "middle-class rip-off," as electricity costs tied to AI data centers soar.

Benzinga

Ofgem energy price cap rises as winter approaches

Energy price cap has risen by 2 per cent from 1 October for a typical household in England, Scotland and Wales

The Independent UK

Households urged to take action ahead of October 1 energy price rise

The energy price cap will rise by 2% from Wednesday for a typical household in England, Scotland and Wales.

The Independent UK

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Where are Ethanol and Coal Prices Heading?

Ethanol and coal are energy commodities. While crude oil remains the product that powers the world, U.S. refiners blend gasoline with ethanol. Meanwhile, coal is a critical product for heating and electricity generation.

Barchart

Trump's $625 Million Coal Plan May Raise Utility Bills for Millions of Americans

One report found that forcing retiring coal plants to remain open could increase annual electricity costs by $3 billion through 2028.

Reason

Nigeria at 65: a long road to economic freedom

Nigeria turns 65 on 1 October 2025, having obtained independence from Britain on 1 October 1960.

The Conversation

Ovo solar review: best for selling your electricity back to the grid

Ovo has grown quickly to become a big-six energy supplier in the UK

The Independent UK

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AI data center boom sends some wholesale electricity prices soaring up to 267% in five years, says report — as global rollout of AI factories continues apace

People living near many of the new data centers being built as part of the AI boom are finding their power costs rising dramatically, in some cases making it hard to afford day-to-day living.

Tom’s Hardware

Renewables generate record share of electricity generation, figures show

The record was partly driven by a record high share in solar generation as the UK saw its sunniest spring on record.

Evening Standard

Madagascar’s president dismisses cabinet as blackout protests turn deadly

Madagascar's President Andry Rajoelina has sacked his government following unrest which the United Nations said has left at least 22 people dead. Thousands have taken to the streets of the Indian Ocean nation in recent days to protest against repeated water and electricity outages.

Radio France Internationale

Nat-Gas Prices Rally on Forecasts for Hotter US Temps

November Nymex natural gas (NGX25 ) on Monday closed up +0.061 (+1.90%). Nov nat-gas prices climbed to a 1-week high on Monday and settled higher as forecasts for above-average US temperatures could lead to increased demand from electricity providers to power ramped-up air conditioning usage. Forecaster Atmospheric G2 said Monday...

Barchart

Vistra Expands Permian Basin Plant With New Gas Units

Vistra Corp. (NYSE: VST) will add two new natural gas units at its Permian Basin Power Plant in West Texas, expanding the facility’s capacity from 325 megawatts to 1,185 megawatts. The decision comes as electricity use grows across the state, particularly in energy-intensive industries tied to oil and gas.

Benzinga

‘Huge energy challenges’: how can India make the leap to become a green, clean country?

As deadly heatwaves become more frequent, demand for life-saving cooling is further straining India’s generation capacity

The Guardian - UK

Households urged to send in meter readings ahead of latest energy price rise

The energy price cap will rise by 2% from Wednesday for a typical household in England, Scotland and Wales.

Evening Standard

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GOBankingRates

10 States Where Your Showers Are Racking Up the Highest Utility Bills

Find out which states have the most expensive showers based on water, gas and electricity costs.

The Guardian - UK

Profiteers or keeping the lights on? The power plants that make millions a day

Concerns over whether gas generators are making fair profits are prompting fresh proposals to reform the system

The Guardian - UK

Why do we have hair and why are hospitals so clean? The kids’ quiz

Five multiple-choice questions – set by children – to test your knowledge, and a chance to submit your own junior brainteasers for future quizzes

TechRadar

Is the outrage over AI energy use overblown? Here’s how it compares to your Netflix binges and PS5 sessions

We put the AI power use in context with comparisons to everyday numbers like your nightly Netflix binges and PS5 sessions.

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The Independent UK

Private equity sees profits in power utilities as electric bills rise and Big Tech seeks more energy

Private investment firms that are helping finance America’s artificial intelligence race and the huge buildout of energy-hungry data centers are getting interested in the local utilities that deliver electricity to regular customers — and the servers that power AI

Evening Standard

SSE Airtricity to increase prices from November 1

SSE is to increase standard variable electricity tariff by 4%.

Radio France Internationale

Deadly protests erupt in Madagascar over chronic blackouts and water cuts

Anger over chronic water and electricity shortages has exploded into deadly unrest in Madagascar, prompting a night-time curfew in the capital. At least five people were killed in mass protests in Antananarivo on Thursday, hospital sources said.

International Business Times

Madagascar Police Fire Tear Gas At Protest Over Power, Water Cuts

Madagascar police fired tear gas and rubber bullets Thursday as protests in the capital Antananarivo over repeated water and electricity outages spiralled into chaos with looting and arson.

The Texas Tribune

Data centers are thirsty for Texas’ water, but state planners don’t know how much they will need

A wave of massive data centers is expanding across Texas, prompting warnings from experts who say the new water demands could push the state’s already strained supply to the brink.

Euronews

Why Portugal and Spain are the most vulnerable European countries to blackouts

The general blackout on 28 April could be a recurring scenario due to limited connections to the continental power grid, according to a new study.

The Independent UK

Louisiana's $3B power upgrade for Meta project raises questions about who should foot the bill

Meta is racing to construct its largest data center yet, a $10 billion facility in northeast Louisiana as big as 70 football fields and requiring more than twice the electricity of New Orleans

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