GM is entering the booming energy storage market with a new sodium-ion battery chemistry, aiming for cost-effectiveness and supply chain resilience. While Tesla dominates, GM's deliberate approach focuses on long-term product development, with sodium-ion cells expected later this decade.
GM is entering the booming energy storage market with a new sodium-ion battery chemistry, aiming for cost-effectiveness and supply chain resilience. While Tesla dominates, GM's deliberate approach focuses on long-term potential, including future EV applications.
The European Commission plans to propose a new law to accelerate AI-powered smart meter rollout. This aims to encourage households to reduce energy use during peak hours, managing rising demand from AI data centers and economic electrification.
The European Commission will propose a new law to accelerate AI-powered smart meter rollout, aiming to help households shift energy use to off-peak hours. This initiative prepares for increased demand from AI data centers and economic electrification, ensuring grid stability and lower consumer bills.
Ireland's datacentres used 22% of the country's electricity in 2023, increasing household bills by an average of €360 (2015-2023). A report warns this pattern could replicate across Europe, urging stricter renewable energy requirements for datacentres.
China's National Development and Reform Commission (NDRC) forecasts peak electricity demand to reach 1.6 billion kilowatts this summer, an increase of 90 million kilowatts from last year. The NDRC is implementing measures to ensure stable energy supply amidst predictions of higher temperatures and potential extreme weather events.
India's peak electricity demand reached an all-time high of 260.5 GW on Tuesday, driven by heatwaves. This surge before peak summer highlights the need for storage and flexible generation.
Southeast Asia is exploring a nuclear energy revival, with China emerging as a strong partner. Leveraging its extensive domestic experience and the Hualong One reactor design, China offers advanced technology and energy security to the region.
A hot summer saw Australians use record amounts of electricity, but the growing share of renewable energy continued to push fossil fuels out of the grid, driving gas generation to its lowest level in 25 years.
The cost to build natural gas power plants for data centers has jumped 66% since 2023, reaching $2,157 per kilowatt of capacity, while construction timelines have extended 23%. BloombergNEF reports gas turbine prices will rise 195% over 2019 by year-end, with waitlists stretching into the early 2030s. Data center electricity demand is projected to surge from 40 gigawatts to 106 gigawatts by 2035, driving tech giants like Microsoft and Meta to invest in gas infrastructure despite public backlash.
India's peak power demand reached an all-time high of 252.1 GW on April 24, surpassing the previous record of 249.9 GW set on May 30, 2024. The surge was driven by increased AC usage in both domestic and commercial sectors as heatwave conditions gripped major parts of the country. The power ministry has estimated peak demand could reach 271 GW this summer.
SEOUL, April 22 (Yonhap) -- South Korea's annual electricity demand is expected ...
A power company warns that growing electricity demand is creating an undervoltage problem, as Victoria's infrastructure struggles to keep up with the transition from gas.
The UK government has confirmed plans to move older wind and solar farms, comprising nearly a third of Great Britain's power market, on to fixed-price contracts to protect households and businesses from gas market volatility. The voluntary shift represents the government's most radical attempt to weaken the impact of soaring wholesale gas prices on electricity costs. Under the plans, legacy generators will be offered contracts similar to those used by low-carbon projects since 2017, or face higher windfall taxes. Analysts estimate the change could save between £4bn and £10bn annually if market prices remain high.
The UK Treasury will increase the windfall tax on electricity generators from 45% to 55% unless they sign long-term fixed-price contracts, in a bid to protect bill payers from gas price shocks. Owners of legacy renewable energy projects face the higher tax rate until they sign contracts for difference. The measures aim to delink electricity prices from gas prices as UK household bills are expected to rise from July due to the Middle East conflict pushing up global energy costs.
The world passed a significant turning point in 2025 as clean power generation rose faster than global demand for electricity, preventing an increase in fossil fuel generation, according to Ember's annual global electricity review. Global clean power generation increased by 887 TWh while demand rose by 849 TWh. Renewables accounted for 34 per cent of total generation, overtaking coal's 33 per cent share for the first time in a century.
The country is rapidly moving to restart reactors as artificial intelligence increases electricity demand and foreign wars choke gas supplies.
