Weddell, a Darwin suburb, is the proposed site for a $40 billion gas-powered data centre and power station, fueled by gas from the Beetaloo Basin. The NT government signed an exclusive "do-not-deal" agreement with Beetaloo Energy to explore the project, sparking environmental concerns.
US electricity demand is projected to rise significantly by 2027, driven by AI data centers and crypto operations. Bitcoin miners, now categorized alongside AI facilities, face a critical test of their ability to provide flexible load and curtailment services to stabilize the grid, especially during peak demand and scarcity pricing events.
Private companies have pledged over £100bn in investment for the UK's green economy, primarily in offshore wind, solar, and electricity grids. Energy Secretary Ed Miliband hailed this as a boost for jobs and growth, countering claims that net zero policies harm the economy.
Australia's Assistant Minister for the Digital Economy, Andrew Charlton, is urging the nation to learn from the mistakes of the resources boom and establish clear terms for the burgeoning AI and data centre sector. He proposes a 'triple lock' system requiring new renewable energy supply, full cost recovery for infrastructure, and grid cooperation to manage the significant energy demands.
The UK's National Energy System Operator (Neso) has offered grid connections to over 700 clean energy projects, clearing a two-year backlog and enabling nearly 60% of schemes needed for 2030 targets. Reforms prioritize "shovel-ready" projects, boosting investor certainty and aiming to lower energy bills.
Mikro MSC Berhad and Hong Kong Cospower Technology Co Ltd (HKCT) have signed a two-year agreement making HKCT Malaysia's exclusive strategic partner for utility-scale battery energy storage system (BESS) projects. The deal aims to address solar power storage challenges and aligns with global trends in battery manufacturing expansion and supply chain diversification.
Southeast Asian leaders are revitalizing plans for a unified electricity grid, first conceived in 1997. The initiative aims to enable seamless cross-border energy flow, requiring system redesign to integrate new technologies and manage renewable energy variability, according to a new Ember report.
There will still be a need to have gas in the wings to keep the lights on, so the financials stack up on Severn plant purchaseThe eye-catching non-Hormuz news in energy-land last month was that Great Britain is set for a record-breaking summer for wind and solar power generation. The national energy system operator even thought there could be periods – a sunny weekend or a bank holiday afternoon of low demand, for example – when more renewable power would be available than the electricity grid needed.So, on the face of it, it is an odd moment for Centrica, owner of British Gas, to fork out £370m to buy a 16-year-old combined-cycle gas turbine plant in south Wales. After all, the government’s clean power plan imagines that, come 2030, Great Britain’s entire fleet of gas plants will be used to generate only 5% of its electricity, down from 31.5% in 2025. Continue reading...
