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05.10.26 - 14:24
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Europe′s Soaring Gas Bill Is Sending Utilities Back To Coal (ZeroHedge)
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Europe's Soaring Gas Bill Is Sending Utilities Back To Coal
Authored by Haley Zaremba via OilPrice.com,
Europe's energy crisis isn't over. Gas prices remain punishingly high across the continent as Europeans stare down the barrel of a long winter.
In response to back-to-back-to-back energy crises stemming from Europe's continued reliance on imported liquefied natural gas against the backdrop of ongoing global geopolitical volatility, Europe's leaders are pushing to diversify the bloc's energy mix. While this means that Europe is rapidly expanding its renewable energy capacity, it also marks a significant return to the world's dirtiest fossil fuel - coal.
Earlier this year, when the United States and Israel began an offensive in Iran and thereby instigated the disruption of one-fifth of the world's oil and gas trades, Europe awakened to realize that it had sleepwalked into yet another energy crisis - its third in just four years. "We swore we'd learn. We promised things would cha...
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05.10.26 - 05:39
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"Deeply Flawed": Biggest US Grid Scraps Emergency Data Center Power Auction One Day After FERC Smackdown (ZeroHedge)
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"Deeply Flawed": Biggest US Grid Scraps Emergency Data Center Power Auction One Day After FERC Smackdown
We have been documenting the slow-motion collision between the AI capex fantasy and the laws of physics since late 2025, when we noted that some of Oracle's OpenAI data centers were being pushed back to 2028 (Dec 12, 2025). Since then the delays have gone from anecdote to trend: in April we reported that half of US data centers scheduled to start in 2026 will be canceled or delayed (Apr 13), in August that more than two-thirds of the power sought for US data centers will never materialize (Aug 14), and just last week the two flagship Stargate campuses hit the wall within 24 hours of each other, with SB Energy delaying the IPO meant to fund the world's largest data center (Sept 23) and Oracle's Project Jupiter declaring force majeure (Sept 24).
Now we can add the US electrical grid itself to the list of things that won't arrive on time.
On Wednesday, PJM Interconnection, operat...
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04.10.26 - 16:31
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Genehmigung für Zwischenlager am Atomkraftwerk Krümmel (DPA-AFX)
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GEESTHACHT (dpa-AFX) - Am stillgelegten Atomkraftwerk Krümmel in Geesthacht (Kreis Herzogtum Lauenburg) kann ein Zwischenlager für schwach- und mittelradioaktive Abfälle gebaut werden. Schleswig-Holsteins Umweltminister Tobias Goldschmidt (Grüne) übergab ......
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02.10.26 - 19:18
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Utilities are public services – and should not be run as businesses | Letters (The Guardian)
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Readers respond to an article by Will Hutton and Andy Haldane suggesting that they could be run for the public benefitWill Hutton and Andy Haldane advocate “turning [utilities] into public-benefit companies with a primary, constitutional objective of delivering high-quality services, with profitability subordinate to that broader aim” (Andy Burnham talks about 'public control' of the utilities but it's a minefield. We can lead him through it, 25 September). So still companies, but with a public interest rather than a profit motive. This is still the wrong approach.Utilities should not be run as businesses but as essential public services. They do not function in isolation, and business models are unsuited to their functioning in the public interest. They have social and environmental as well as economic responsibilities that have to be met. For 20 years, prior to the advent of the Scottish parliament, local government functioned well in Scotland within a framework of regions and districts. The reg...
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02.10.26 - 13:09
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Genehmigung für Zwischenlager am Atomkraftwerk Krümmel (DPA-AFX)
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GEESTHACHT (dpa-AFX) - Am stillgelegten Atomkraftwerk Krümmel in Geesthacht (Kreis Herzogtum Lauenburg) kann ein Zwischenlager für schwach- und mittelradioaktive Abfälle gebaut werden. Schleswig-Holsteins Umweltminister Tobias Goldschmidt (Grüne) übergab ......
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