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 ...
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.