Month: May 2024

The world is facing a shortage of the minerals needed to make the electric vehicles, wind turbines, solar panels, and other clean energy technologies essential to ending its reliance on fossil fuels. The Paris-based International Energy Agency said in a report published Friday that steep drops in the prices of lithium, cobalt, nickel, and graphite […]

Westinghouse Electric Company announced that it has signed an agreement with Community Nuclear Power, Ltd. (CNP) that puts it on track to deploy the U.K.’s first privately-financed small modular reactor fleet with units coming online in the early 2030s.

The administration could raise tariffs on electric vehicles from China to 100 percent in an attempt to protect American auto manufacturers.

AI data centers alone are expected to add about 323 terawatt hours of electricity demand in the U.S. by 2030, according to Wells Fargo. The forecast power demand from AI alone is seven times greater than New York City’s current annual electricity consumption of 48 terawatt hours. Goldman Sachs projects that data centers will represent […]