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The Latest Breaking News from Electricity

Budget uncertainty triggers plunge in UK construction activity; Trustpilot shares slump after short-seller claims – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Jensen Huang Reveals AI's Biggest Problem, And It Is Not Chips — Joe Rogan Agrees This Is The 'Smartest' Way To Solve It

On Wednesday, Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang told Joe Rogan that the future of artificial intelligence won't be constrained by chips but by electricity — and he expects tech giants to start powering their data centers with their own nuclear reactors.

Benzinga

Mistiming energy transition could prove a costly lesson

Renewables are anticipated to keep a lid on electricity prices over the next five years but a speedier transition is needed to keep bills lower in the 2030s.

AAP

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UK using more wood to make electricity than ever, Drax figures show

Giant biomass plant reveals burning of wood pellets made 9% of UK’s electricity in July, its largest ever monthly share

The Guardian - UK

There are two big drivers of Australia’s economic growth – but shape matters as much as size

Income from rooftop solar panels and investment in data centres are helping to power the economy, which leads us to the question: is all growth good?

The Guardian - AU

What are small modular reactors, a new type of nuclear power plant sought to feed AI’s energy demand?

As U.S. electricity demand rises and technology companies seek to build more and larger data centers to drive artificial intelligence systems, the main question arising is how to generate all that power.

The Conversation

Google’s proposed data center in orbit will face issues with space debris in an already crowded orbit

The rapid expansion of artificial intelligence and cloud services has led to a massive demand for computing power. The surge has strained data infrastructure, which requires lots of electricity to operate. A single, medium-sized data center here on Earth can consume enough electricity to power about 16,500 homes, with even…

The Conversation

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Politics with Michelle Grattan: Tim Ayres on the AI rollout’s looming ‘bumps and glitches’

The federal government released its National AI Strategy this week, confirming it has dropped its earlier proposal for mandatory guardrails for high-risk artificial intelligence (AI).

The Conversation

Utility Asks New Mexico for ‘Zero Emission’ Status for Gas-Fired Power Plant

Plan puts costs of new solar farms on New Mexicans and extends lives of coal-fired plants. Critics call it “profound greenwashing.”

Capital & Main

Datacentres demand huge amounts of electricity. Could they derail Australia’s net zero ambitions?

Banks of servers operating 24/7 generate massive amounts of heat, requiring power to run and cool them

The Guardian - AU

AI Data Centers Are Driving US Power Crunch—And Even Record Grid Spending Isn't Enough, New Research Finds

The United States could face mounting reliability risks as electricity demand from data centers climbs far faster than grid capacity, according to two new BloombergNEF (BNEF) reports released on Monday.

Benzinga

AI poses unprecedented threats. Congress must act now

Despite the speed at which it is progressing, AI is getting far too little discussion in Congress, the media and within the general population. That has got to change

The Guardian - US

Kevin O'Leary Says AI Is Nowhere Near Bubble — Real Crisis Is Global Power Shortage As Data Center Demand Explodes

Benzinga

4 Phone Calls That Can Slash Your Utility Bills

Whether you're looking to cut costs on electricity, gas, water or internet service, these phone calls can make a big difference.

GOBankingRates

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The Independent UK

Do solar panels actually work in winter and on cloudy UK days?

Solar panels don’t switch off when winter arrives. Here’s how PV performs in the UK’s shorter, darker months and what affects your output

Fortune

Google CEO Sundar Pichai says we’re just a decade away from a new normal of extraterrestrial data centers

Google announced Project Suncatcher this month, with plans to launch prototype satellites to test AI hardware in 2027.

Saving Advice

Why Utility Bills Are Becoming the Hidden Threat to Fixed Incomes

When seniors plan for retirement, they often focus on healthcare, housing, and food. Utility bills rarely make the list of major concerns. Yet electricity, water,...

Evening Standard

'Power hungry' data centres making London housing crisis worse by delaying new homes

Electrical grid capacity in west London stretched to limit as AI ‘factories’ compete with housing developments for energy

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GOBankingRates

Here’s What It Costs to Charge a Tesla Monthly vs Using Gas for an Audi Q5

Wondering if charging a Tesla is cheaper than fueling an Audi Q5? See the monthly cost comparison and which option saves you more money.

Euronews

Russia launches close to 600 drones in overnight attack on Ukraine killing three

Russia launched one of its largest attacks on Ukraine from Friday into Saturday, launching close to 600 drones. The attack left at least three people dead and dozens injured, while half a million people woke up on Saturday morning without electricity in Kyiv.

Evening Standard

Dozens of homes remain without power after severe gales

Scottish and Southern Electricity Networks said around 1,000 properties were cut off on the Isle of Mull alone, but most have now been reconnected.

The Guardian - UK

UK energy bill payers will hand £2bn a year to EDF for new power stations

French government-owned company to receive funding for Hinkley Point C and Sizewell C

The Conversation

Electric container ships won’t work – but a fleet of auxiliary battery ships could clean up shipping

Shipping moves 90% of global trade and produces nearly 3% of global emissions. The sector has proved challenging to clean up, as cargo ships can travel for weeks between ports and typically rely on cheap, energy-dense and extremely polluting heavy fuel oil.

The Guardian - UK

Per-mile EV tax is just the first stop on the road to vehicle taxation reform

Letters: Taxing EVs on the amount of electricity they use is fairer than the per-mile system outlined in the budget, writes Edward Leigh, while David Abrams reckons EV owners are being penalised for trying to do the right thing

The Conversation

Distance learning changes lives, but comes with its own challenges

Across Africa, distance education has become one of the most powerful forces for expanding access to higher learning. Open and distance learning institutions such as the Open University of Tanzania, the Zimbabwe Open University and the National Open University of Nigeria have joined long-standing providers like the University of South…

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