Power lines and transmission towers near the Ivanpah Solar Electric Generating System in the Mojave Desert in San Bernardino County, California, U.S., on Saturday, Feb. 19. 2022. Bloomberg | Bloomberg | Getty Images Artificial intelligence could strain the U.S. electric grid, as power demand from data centers is poised to surge in the coming decade … Read more
In this photo illustration an OpenSea logo is displayed on a smartphone with stock market percentages in the background. Omar Marques | Lightrocket | Getty Images Crypto marketplace OpenSea has been added to the SEC’s list of targets, as the regulator extends its crackdown on the sector. The company’s CEO said in a post on … Read more
Crude oil leaks from an oil pumping jack in an oil field in Russia. Bloomberg Creative | Bloomberg Creative Photos | Getty Images A political standoff in Libya risks once more paralyzing the north African country’s lucrative oil sector — but the frequency of its power tussles and crude disruptions have called long-term oil price … Read more
While solar power is growing at an extremely rapid clip, in absolute terms, the use of natural gas for electricity production has continued to outpace renewables. But that looks set to change in 2024, as the US Energy Information Agency (EIA) has run the numbers on the first half of the year and found that … Read more
The HyperCube utilizes advanced immersion cooling technology. Sustainable Metal Cloud The artificial intelligence boom is ramping up demand for more powerful processors as well as the energy needed to keep data centers cool. That’s an opportunity for data center company Sustainable Metal Cloud, which operates “sustainable AI factories” made up of its HyperCubes in Singapore … Read more
An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023. Al Drago | Bloomberg | Getty Images Oil and natural gas will still make up more than half of the world’s energy mix in 2050 despite efforts to transition away from fossil fuels, according to a forecast published by Exxon Mobil on Monday. … Read more
Former President Donald Trump’s photograph is seen on a digital display outside of the venue ahead of his afternoon keynote speech on the final day of the Bitcoin 2024 conference at Music City Center July 27, 2024 in Nashville, Tennessee. Jon Cherry | Getty Images News | Getty Images NASHVILLE, Tenn. — A block away … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more
Donald Trump has taken to promising that he will lower gasoline and energy prices by more than half in his first year back in office ― a pledge that, if carried out, would result in the destruction of the U.S. oil industry followed by a deep recession, experts said. “Energy costs, all of it, air … Read more
