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Global Energy Shortages Drive Renewed Reliance on Coal

Governments worldwide are racing to find a solution to contend with the severe energy shortages brought about by the war in Iran and the ongoing Middle East conflict. For some, this means accelerating the deployment of renewable energy, which is likely to be a longer-term solution. For others, it... Далее

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India’s Nuclear Bet Is Starting To Pay Off

India has reached a milestone in its nuclear energy program through its state-of-the-art fast breeder reactor, signalling a major step forward for the clean energy transition in the world’s most populous country. The country’s most advanced nuclear reactor reached criticality earlier this month,... Далее

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Strait of Hormuz Constraints Keep Oil Prices Elevated

Oil prices remain close to $100 per barrel despite the U.S.-Iran ceasefire, which revived hopes that the worst oil and gas supply shock ever could begin to ease soon and bring energy prices down. While immediate escalation has been taken out of the war premium, at least as of Friday morning, the... Далее

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OpenAI Freezes UK AI Data Center Plans Over Power Prices, Red Tape

OpenAI's broader Stargate push to build next-generation AI infrastructure in the UK has been put on hold, with the company citing regulatory conditions and high energy costs as major obstacles to long-term investment. That outcome is hardly surprising: Britain, like much of dying Europe, has... Далее

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Europe’s Jet Fuel Shortage Arriving in Weeks

Europe could face a jet fuel shortage within three weeks if flows through the Strait of Hormuz remain restricted, according to the region’s airport industry group. ACI Europe warned that a continued disruption would leave airports and airlines short on supply during the start of the peak summer... Далее