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02.07.26 - 17:48
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America Bets $50 Billion On Coal And Gas Power, More Than China, As Electricity Demand Soars (ZeroHedge)
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America Bets $50 Billion On Coal And Gas Power, More Than China, As Electricity Demand Soars
By Irina Slav of OilPrice.com
US companies are set to spend some $50 billion on power generation from coal and natural gas this year, the International Energy Agency has said, as quoted by the Financial Times.
This would be the first time in decades that US spending on coal and gas generation would be higher than what China is investing in the two fuels, with the difference at $3 billion.
The surge in spending will come mostly from much stronger demand for gas turbines amid a data center boom in the United States, the FT noted in its report. According to the IEA, US companies placed orders for some 20 GW in gas turbine generation capacity in just the first quarter of this year. Prices for gas turbines, meanwhile, have moved sharply higher on tight supply, contributing to the higher U.S. spending.
The report cited a Rystad Energy analyst as saying prices for gas turbines have gone up from $800 per kWh t...
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02.07.26 - 15:15
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"Set Your AC To 78F": NYC Socialist Pleads With Residents As Fragile Grid Faces Blackout Risk (ZeroHedge)
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"Set Your AC To 78F": NYC Socialist Pleads With Residents As Fragile Grid Faces Blackout Risk
"Set your AC to 78 degrees, turn off lights/electronics you're not using, and unplug what you can," New York City Socialist Mayor Zohran Mamdani wrote on X late Wednesday.
New Yorkers are now getting a real-world lesson in what Mamdani's recent "warmth of collectivism" comments actually mean: shared sacrifice, including being told to dial back air conditioning during blistering heat as the risk of power blackouts rises.
New York: it's hot out there, and the power grid is working overtime to keep us cool.
Set your AC to 78 degrees, turn off lights/electronics you're not using, and unplug what you can.
Our City is doing its part too: maintaining the 78 degrees rule in our buildings,…
— Mayor Zohran Kwame Mamdani (@NYCMayor) July 1, 2026
The deeper issue here is that years of left-wing climate policies and poor grid management have left the metro area and the broader...
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02.07.26 - 12:24
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Griechenland prüft Einstieg in Kernenergie (RND)
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Das Land an der Ägäis deckt einen guten Teil seines Strombedarfs aus erneuerbaren Energien. Jetzt überlegt Athen, auch auf Atomkraft zu setzen – wenn auch anders als in anderen Ländern. Das hat mit der Erdbebengefahr dort zu tun....
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01.07.26 - 00:57
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Largest US Power Grid Declares Emergency To Prevent Blackouts (ZeroHedge)
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Largest US Power Grid Declares Emergency To Prevent Blackouts
A mega heat dome is set to descend on the eastern half of the U.S., prompting the Energy Department to issue two emergency orders to reduce the risk of rolling blackouts in the Mid-Atlantic area as PJM Interconnection braces for record power demand.
DOE's first order directs the PJM region, which serves 67 million people across 13 states, "to dispatch specified units and to order their operation as needed to maintain reliability."
PJM has implemented several alerts and actions to maintain reliable system operations throughout this week's forecasted extreme heat and humidity. A Hot Weather Alert is currently in effect for the entire region PJM serves through July 3. PJM has also issued a Maximum Generation… pic.twitter.com/Ho1txMZBIh
— PJM Interconnection (@pjminterconnect) June 30, 2026
The second order states that PJM, working with transmission owners and electric distribution companies, must use backup generation ...
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30.06.26 - 21:48
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Bitcoin Miners Valuable Asset for Electric Grid: Vera (Bloomberg)
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Ethan Vera, COO of Luxor Technology, joins Isabelle Lee on "Bloomberg Crypto." Many miners are shifting their focus to AI. More broadly, crypto firms are beginning to apply the infrastructure and market expertise they built around digital assets to AI, from converting mining sites into data centers to building markets for GPUs and computing power. (Source: Bloomberg)...
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30.06.26 - 14:45
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Berlins neue Kraftwerksstrategie – Zu unambitioniert und unflexibel (DZ Bank)
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Der Entwurf der Kraftwerksstrategie hat das Bundeskabinett passiert. Er bildet die Rechtsgrundlage für die Ausschreibung steuerbarer Kapazitäten. Die geplanten Anlagen sollen die Dekarbonisierung des deutschen Stromsystems unterstützen und die zukünftige Versorgungssicherheit stärken. Zielführender wäre ein konsequent technologieoffener Ansatz, der dezentrale Flexibilisierungslösungen stärker berücksichtigt..
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