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12.06.26 - 21:48
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DOE Declares Southeast Grid Emergency As Sweltering Heat Boosts AC Demand (ZeroHedge)
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DOE Declares Southeast Grid Emergency As Sweltering Heat Boosts AC Demand
As the U.S. men's national soccer team kicks off its first match against Paraguay in Southern California on Friday night, large swaths of the country are trapped in what feels like a wet sauna, with dangerous heat and humidity forcing households to crank up their air conditioning and straining power grids from the Southeast to the Northeast.
On Thursday, the Department of Energy issued an emergency order to mitigate blackout risks across the Carolinas amid extreme heat that threatens to sharply increase power demand.
The order, issued under Section 202(c) of the Federal Power Act, allows Duke Energy Carolinas and Duke Energy Progress to run certain generating units at maximum output.
Secretary of Energy Chris Wright stated, "Maintaining affordable, reliable, and secure power in the Duke Energy service territory is non-negotiable."
"The previous administration's energy subtraction policies weakened the gr...
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12.06.26 - 11:24
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UK Needs More Affordable Power Plants To Drive AI: Miller (Bloomberg)
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Evantic Capital Founder and Managing Partner Matt Miller says the UK needs to invest in more affordable power plants, including nuclear energy, to boost the the country's AI sector.
Miller is a former partner at Sequoia Capital who last year founded Evantic, a 400 million dollar UK-based venture capital fund. Miller spoke to Tom Mackenzie on Bloomberg Tech: Europe. (Source: Bloomberg)...
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11.06.26 - 01:30
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Goldman Flags Tightening Power Grid In Texas Amid Rapid Data Center Growth (ZeroHedge)
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Goldman Flags Tightening Power Grid In Texas Amid Rapid Data Center Growth
Goldman shared some of their thoughts on the tightening of power markets as the decade comes to a close. ERCOT's own Preliminary Long-Term Load Forecast now sees baseline peak-summer demand (excluding most medium and large loads) growing at a 5.2% average annual rate from 2026 through 2030. This is already well above the 3.4% realized average of 2022-2025.
Layer in the medium- and large-scale additions, overwhelmingly data centers plus crypto and industrial electrification, and the forecast explodes to 31% average annual peak-summer growth.
Put that in national context and Texas alone would account for 39% of total U.S. peak-summer power demand by 2030, up from just 11% last year, assuming the rest of the country continues its slower recent trajectory.
Goldman analysts flag a 200 GW queue of large-load applications sitting with the grid operator. Even if only 10% of that queue ultimately energizes, it would still l...
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10.06.26 - 08:06
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More than half of clean energy schemes needed for Labour′s 2030 target offered grid connection (The Guardian)
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The 700 projects include wind and solar farms, battery storage, gas and hydro plansMore than half the renewable energy projects needed to meet the government's clean power targets by 2030 are now able to plug into the electricity grid after years of delay, according to the system operator.The National Energy System Operator (Neso) has offered more than 700 clean energy projects in Great Britain a grid connection date since the start of the year, after a two-year process to unblock a bottleneck that threatened to delay projects into the 2030s. Continue reading......
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