Bloomberg

As the artificial intelligence (AI) boom drives exponential demand for data centers, the United States’ position as an AI leader is at risk without immediate action to address growth constraints.

COMMENTARY Texas has the most wind capacity of any state, generating about 16% of its electricity from wind. In August, as temperatures rose above 100F and consumers increased their use of air conditioning, Texas’ grid operators struggled to meet the record demand for electricity. Many of the wind turbines could not operate because the wind […]

Reports on Jan. 13 said giant California utility PG&E Corp. could notify its workers as soon as Jan. 14 that it’s preparing to file for bankruptcy. Bloomberg on Sunday said the San Francisco-based utility, which faces billions of dollars in liabilities as investigations into its role in a series of deadly wildfires continues, will notify […]

A draft memo circulated by the Trump administration before the National Security Council urges federal action to force grid operators to buy power from uneconomic coal and nuclear plants. Bloomberg on May 31 first pointed to the existence of the 41-page memo, which is dated May 29 and distributed Thursday. The memo outlines plans for a […]

One of the most important items on President Trump’s first-year agenda was the implementation of tax reform in the U.S. Republican lawmakers worked tirelessly as the calendar year drew to an end to get a new

Continually falling costs and tightening emissions regulations are set to drive huge growth in global renewable energy capacity despite flagging support for subsidies in Europe and the U.S., says a new report from Bloomberg New Energy Finance (BNEF). The BNEF report projects global spending on new power generation will be around $7.7 trillion through 2030, […]