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Datacentres using 6% of electricity supply in UK and US, research says

ai, AI (Artificial Intelligence), Artificial Intelligence, Computing, Energy, Energy industry, Internet, Technology, UK news, US news

Industry body says energy consumption driven by AI up 15% globally in two years as it warns of societal backlashDatacentres are consuming 6% of electricity in the UK and US, with the growing strain of AI on energy supplies prompting community resistance, according to research.The proportion of electricity used by vast warehouses stacked with microchips […]

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Rolls-Royce secures nearly £600m in UK government cash to develop small reactors

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Energy, Energy industry, Environment, Greenhouse gas emissions, infrastructure, Investing, Manufacturing sector, Nuclear power, Rolls-Royce, Technology, UK news, Wales

Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey Business live – latest updatesRolls-Royce has secured up to £599m from Britain’s national wealth fund as it races to develop the UK’s first small modular nuclear reactors.The fund will help support Rolls-Royce’s design of small modular

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Higher energy costs from Iran war could threaten fragile economics of AI boom | Heather Stewart

ai, AI (Artificial Intelligence), Artificial Intelligence, Bank of England, Business, Donald Trump, Economics, Energy industry, Strait of Hormuz, Technology, Technology sector, US news, US-Israel war on Iran, World news, World Trade Organization

Industry with business model not yet firmly established and investments financed by huge debts is particularly at riskDonald Trump’s most immediate concern in demanding Iran reopen the strait of Hormuz may be rocketing US gasoline prices, but if the conflict drags on, higher energy costs will be felt far beyond the pumps.Systemically higher power prices

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Elon Musk’s Tesla given go-ahead to supply electricity in Great Britain

ai, AI (Artificial Intelligence), Artificial Intelligence, Automotive industry, Business, Electric, hybrid and low-emission cars, Elon Musk, Energy industry, Ofgem, Tesla, UK news, US news, World news

Ofgem licence means firm can replicate Texas setup of powering homes, businesses and EVsElon Musk’s Tesla has won approval to supply electricity to households and businesses across Great Britain, as the tech billionaire expands his energy ambitions.The energy regulator, Ofgem, has formally granted Tesla an electricity supply licence, enabling it to provide electricity to domestic

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US tech firms pledge at White House to bear costs of energy for datacenters

ai, AI (Artificial Intelligence), Alphabet, Amazon, Artificial Intelligence, Donald Trump, Energy industry, Meta, Microsoft, OpenAI, Technology, US news

Companies will pay for upgrades and new electricity generation in agreement to mitigate concerns of rising billsGoogle, Microsoft, Meta, Amazon and several artificial intelligence companies signed a pledge at the White House on Wednesday to bear the cost of new electricity generation to power their datacenters.The agreement is meant to help mitigate concerns that big

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New datacentres risk doubling UK electricity use, regulator says

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Ofgem says about 140 proposed projects, driven by AI use, could require more power than current peak demandThe amount of power being sought by new datacentre projects in the UK would exceed the country’s current peak electricity consumption, according to an industry watchdog.Ofgem said about 140 proposed datacentre schemes, driven by use of artificial intelligence,

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‘We’re being turned into an energy colony’: Argentina’s nuclear plan faces backlash over US interests

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Push to restart uranium mining in Patagonia has sparked fears about the environmental impact and loss of sovereignty over key resourcesOn an outcrop above the Chubut River, one of the few to cut across the arid Patagonian steppe of southern Argentina, Sergio Pichiñán points across a wide swath of scrubland to colourful rock formations on

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Trump Media announces $6bn merger plan with fusion power company

Artificial Intelligence, Artificial intelligence (AI), Business, Energy industry, Media, Social media

TMTG, which owns president’s Truth Social platform, unveils link-up TAE Technologies to respond to AI boomDonald Trump’s loss-making social media business has announced plans to merge with a fusion power company.Trump Media and Technology Group, owner of the US president’s minnow Truth Social platform, unveiled an extraordinary merger worth more than $6bn with TAE Technologies,

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Virginia Democrat flips seat in state legislature by taking on datacenters

Artificial Intelligence, Democrats, Energy industry, Republicans, Technology, US news, US politics, Virginia

John McAuliff won against a Republican by focusing on something affecting all his constituents: the cost of energy John McAuliff, a 33-year-old small business owner and former civil servant, was one of the more unlikely Democrats to win election to Virginia’s legislature this month, after a campaign in which he could, at times, come off

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