International

The new artificial intelligence (AI) model from China called DeepSeek created a stock market meltdown on Monday, with the Nasdaq composite dropping 3% and the S&P 500 falling 1.5%. Beyond hammering the share prices of the world’s most valuable companies, DeepSeek has potential implications on vast swaths of America’s innovation industries—including energy. COMMENTARY While U.S. technology companies […]

India’s government is pledging billions in financial support for the country’s ambitions around artificial intelligence (AI), and a Mumbai-headquartered energy group has said it plans to build what it calls the “world’s largest” data center in Jamnagar. Reliance Industries, led by Mukesh Ambani, a billionaire and the company’s chairman, already has a partnership with California-based […]

China’s thermal power generation reached a record high in 2024, primarily due to the country’s coal-fired power plants, even as the country continues to add renewable energy resources to its power grid. Data from China’s National Bureau of Statistics showed electricity production from the country’s coal, oil, natural gas, and nuclear power sectors increased 1.5% […]

Mitsubishi Power announced it has completed construction of a 1.4-GW natural gas-fired combined-cycle power plant in Thailand, with the second unit of the two-unit station now in commercial operation. The company, a subsidiary of Japan’s Mitsubishi Heavy Industries, said the Hin Kong power plant is a joint venture between the RATCH Group and Gulf Energy […]

As you enjoy the comforts of air-conditioned homes, chilled watermelons at outdoor gatherings, or a cold beer at a barbecue, or perhaps as you charge a new electric vehicle, have you ever stopped to think about where the electricity comes from to make all these conveniences a reality? According to the International Energy Agency, global […]

District energy systems employ a centralized facility to supply heating, cooling, and sometimes electricity for multiple buildings in an area through a largely underground, mostly unseen network of pipes. When district energy systems are utilized, individual buildings do not need their own boilers, chillers, and cooling towers. This offers a number of benefits to building […]

2025 will test the progress of the world’s energy transition and could forecast its direction for the next decade. With major economies pursuing budget cuts, it will be a year that challenges the economic viability of any publicly funded projects, with growing pressures to deliver faster and cheaper. For emerging technologies in particular, such as […]

Sweden has broken ground on its final repository for spent nuclear fuel (SNF)—a milestone reached after 40 years of research and development—making it the world’s second deep geological repository (DGR) now under construction. Svensk Kärnbränslehantering AB (SKB), a nuclear fuel and waste management company owned by Sweden’s nuclear operators, officially announced the start of construction […]

PetroVietnam Power (PV Power), a subsidiary of state-owned PetroVietnam, said it has started initial operation of the first of two 812-MW LNG-fired units at its Nhon Trach power plant, located in Dong Nai province, near Ho Chi Minh City in southern Vietnam. The project is part of the first power plant in Vietnam to be […]

Estonia energy company Fermi Energia has begun the site selection process for that country’s first nuclear power plant, more than a decade after government officials initially approved construction of a reactor. Fermi Energia on Jan. 14 announced the company has submitted an application to the Estonian Ministry of Economic Affairs and Communications to begin the […]