Environment

Powering AI: Europe switches on its first microgrid-connected data center
World

Powering AI: Europe switches on its first microgrid-connected data center

A CGI image of what the complete microgrid-connected AVK and Pure DC facility will look like in Dublin, Ireland. (Photo: Pure Data Centres Group) (Photo: Pure Data Centres Group) Just outside Ireland’s capital, Dublin, a data center has become the first in Europe to turn to an independent, so-called “islanded,” microgrid to keep its servers […]

Read More
Elon Musk’s xAI wins permit to build power plant in Mississippi despite pollution concerns
Technology

Elon Musk’s xAI wins permit to build power plant in Mississippi despite pollution concerns

Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s xAI scored a victory in Mississippi, where regulators on Tuesday authorized the artificial intelligence company to build a power plant with 41 natural gas-burning turbines in the town of Southaven to power its nearby data centers. The Mississippi Department of […]

Read More
IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet
World

IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet

The International Energy Agency will convene an extraordinary meeting of its member countries Tuesday to discuss a possible release of oil stockpiles to address the supply disruption triggered by the Iran war. The more than 30 members will “assess the current security of supply and market conditions to inform a subsequent decision on whether to […]

Read More
How the Iran war and rising energy prices are threatening semiconductor demand
Technology

How the Iran war and rising energy prices are threatening semiconductor demand

SK Hynix Inc. 12-layer HBM3E memory chips, front, and a LPDDR5X CAMM2 memory module arranged at the company’s office in Seongnam, South Korea, on Tuesday, April 22, 2025. SeongJoon Cho | Bloomberg | Getty Images A prolonged conflict in the Middle East could impact the semiconductor industry’s access to key materials while rising costs could […]

Read More
Stellantis taps Toyota, Bosch suppliers for hybrid technologies for new Jeeps
Business

Stellantis taps Toyota, Bosch suppliers for hybrid technologies for new Jeeps

2026 Jeep Cherokee. Courtesy: Stellantis DETROIT — Jeep maker Stellantis is leaning on technologies from automotive suppliers for its newest hybrid SUVs as the market for more fuel-efficient vehicles is expected to continue growing, CNBC has learned. The trans-Atlantic automaker’s first-ever Jeep hybrid SUV for North America, its recently launched Cherokee, features a system from […]

Read More
Iran war threatens catastrophic consequences for the oil market, Aramco CEO says
World

Iran war threatens catastrophic consequences for the oil market, Aramco CEO says

The logo of Saudi state oil giant Aramco. Fayez Nureldine | AFP | Getty Images The Iran war threatens “catastrophic consequences” for the global oil market, the CEO of Saudi oil giant Aramco has warned. Amin Nasser told an earnings call on Tuesday that the war had caused “a severe chain reaction” and “a drastic […]

Read More
Elon Musk’s xAI wants to build a power plant in Mississippi. Regulators plan a key meeting on Election Day
Technology

Elon Musk’s xAI wants to build a power plant in Mississippi. Regulators plan a key meeting on Election Day

Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters With Elon Musk’s xAI planning to build a massive, natural-gas burning power plant in Southaven, Mississippi, the state’s environmental authority has scheduled a board meeting for Tuesday — Election Day […]

Read More
Top permitting-reform Republican, Democratic senators meeting as talks thaw: API chief
Technology

Top permitting-reform Republican, Democratic senators meeting as talks thaw: API chief

U.S. Sen. Shelley Moore Capito (R-WV) speaks to the media following the weekly policy luncheons at the U.S. Capitol on June 21, 2023 in Washington, DC. Kevin Dietsch | Getty Images Senate Environment and Public Works Committee Chair Shelley Moore Capito and ranking Democrat Sheldon Whitehouse are meeting to discuss reforming the federal energy permitting […]

Read More
There’s another energy market that may get hit harder than oil by Strait of Hormuz closure
World

There’s another energy market that may get hit harder than oil by Strait of Hormuz closure

A liquefied natural gas (LNG) tanker on a digital screen at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025. Christopher Pike | Bloomberg | Getty Images Oil prices jumped Monday with traffic in the Strait of Hormuz at a near standstill, but the longer-term implications of the Strait’s closure may […]

Read More
Why China can withstand oil’s surge past 0 more easily than other countries
Finance

Why China can withstand oil’s surge past $100 more easily than other countries

Key Points The latest Middle East tensions shed light on how the world’s three largest oil consumers have taken different approaches to energy. China has gradually increased the share of renewables in its total energy demand, more than the U.S. and India. China is the world’s largest oil importer, but it relies less on energy […]

Read More