Previously, we reported that U.S. electricity prices have been surging, thanks in large part to the proliferation of AI, high-performance computing (HPC) data centers and clean energy manufacturing. U ...
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Corporate America is scrambling to hire energy traders as the AI boom pressures electricity costs
As the race for AI development booms, demand for power has soared and is expected to grow in the US at a rate five to 10 times faster over the next 10 years than in the previous decade. That demand, ...
A research team led by Washington State University has developed a cloud-based system for trading and sharing energy from solar panels and batteries within a neighbourhood. The concept displayed ...
Volkswagen AG’s Elli division has started to offer energy trading as a service to its customers, expanding a business it opened two years ago. Elli is handling clean-power procurement for a major ...
OSLO, Jan 26 (Reuters) - Danish energy trader InCommodites, backed by Goldman Sachs, has appointed John Dimech, a former Shell executive, as CEO of InCommodities APAC, it said on Monday. Dimech spent ...
Surging U.S. electricity prices—driven by AI and data-center demand—are pushing major corporations to act like energy traders. Big Tech is leading the shift, with Meta seeking power-marketer status.
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