Texas announced new a audit on data centers that could slow approval for new facilities seeking to connect to the state energy grid. Governor Greg Abbott (R) on Monday directed the Public Utility Commission of Texas (PUCT) and the Electric Reliability Council of Texas (ERCOT) to verify and audit new data center proposals, writing that […]
Dutch energy storage startup Ore Energy has raised more than $40m, as it looks to commercialise its long-storage batteries.The $43m Series A funding round was led by two new investors, tech-investor P…
Here’s how utility rates, grid investments and contract rules will determine whether you will pay more for power or tech companies pay.
This week’s Current Climate newsletter also looks at Waymo’s reliance on imported Chinese EVs and a potential “super cycle” for cleantech investment.
Iraq signed $100 billion in U.S. energy deals with Chevron and ExxonMobil. But Washington is forcing Baghdad to balance ties with Iran and China.
UK wind technology company Perceptual Robotics has securedover £4 million in funding so far this year. The funding combines investmentfrom new and existing shareholders, including Investing for Purpos…
This week’s Current Climate newsletter also looks at why Tesla’s founders are backing an anti-Cybertruck and Sila’s expanding production of silicon battery anodes.
A BAE Systems spinout whose tech could help generate electricity at one-fifth of the cost of today’s nuclear power plants has come out of stealth, securing a £15m funding round led by IQ Capital. Manc…
Microsoft, Meta, Google and Amazon are betting billions on nuclear power to fuel AI data centers—reviving an industry stalled for 40 years.
America’s biggest oil field produces lots of dirty water and cheap natural gas. That makes West Texas a perfect location for data centers, says David Capobianco.