Electricity needs for data centers in the US expected to rise by 133% by 2030
Artificial intelligence and data centers are being pointed to as key factors driving up electricity costs across the United States. As of December 2025, consumers are facing electricity bills that are 42% higher than they were ten years prior. Calvin Butler, CEO of Exelon, commented, “When demand increases and supply is inadequate, costs go up, […]
Ukrainian residential buildings lack electricity and heat following Russian assault on Kyiv
Kyiv Faces Heating Crisis After Attack Kyiv’s mayor, Vitaly Klitschko, reported on Sunday that around 1,700 apartment buildings in the city are still without heating following a recent Russian missile and drone assault. Since its invasion of Ukraine in 2022, Russia has significantly intensified its strikes on Ukraine’s energy infrastructure. On Saturday, a significant assault […]
Kevin O’Leary believes that until Bitcoin reaches a certain value and is fully regulated, owning electricity will be more valuable than Bitcoin.
Kevin O’Leary Discusses Value of Energy Infrastructure in Crypto On Tuesday, investor Kevin O’Leary highlighted the significance of owning energy infrastructure within the cryptocurrency sector. He specified that, under the right circumstances, the value of electricity could surpass that of Bitcoin itself. During a recent interview published on X, O’Leary mentioned his investment in Bitzero, […]
Drone Attacks Disrupt Electricity for 200,000 Homes in Occupied Ukraine
Power Outages in Southern Ukraine Amid Russian Attacks KYIV, Ukraine (AP) — On Sunday, hundreds of thousands of people in Russian-occupied regions of southern Ukraine were left without electricity, according to officials aligned with the Kremlin. Simultaneously, the Russian government has persisted with strikes on Ukraine’s energy infrastructure during nighttime hours, which reportedly resulted in […]
Trump and governors reveal strategy to tackle rising AI electricity costs
In Washington, President Trump collaborated with a diverse group of governors on Friday to urge PJM, a major electricity provider, to curb rising residential power costs. Their push aims to compel new artificial intelligence data centers to produce their own electricity. Key officials including Energy Secretary Chris Wright, Interior Secretary Doug Burgum, and governors Wes […]
Energy secretary indicates Trump is undoing electricity policies from the Biden administration.
Concerns Over U.S. Energy Policies and AI Competition with China Mike Gallagher, head of defense at Palantir Technologies, recently spoke with Barney & Company, highlighting a significant concern: the U.S. might lose the AI Cold War to communist China. He emphasized the need for a vigorous approach to energy, defense, and innovation to protect America’s […]
Energy secretary expects electricity costs to stabilize ‘very soon’
Energy Secretary Chris Wright is hopeful that electricity prices will eventually drop. “Soon, the rise in electricity prices will come to a halt, and if they continue to rise, we’re going to see a drop in electricity prices later this year because of the additional energy policy,” Wright stated during an interview on “Fox News […]
Report Confirms Democrats Are Responsible for Your High Electricity Bills
Electricity Costs Driven by State Policies, New Report Says A report by the Institute for Energy Research (IER) reveals that state policies play a significant role in driving electricity costs. It suggests that states governed by Democrats tend to have higher prices due to strict mandates and limits on reliable power sources. The analysis, shared […]
Los Angeles’ Coal Ban Expected to Burden Customers with High Electricity Prices
Los Angeles Ends Coal Use to Achieve Clean Energy Goals Los Angeles has made the decision to sever ties with coal in order to reach its aim of 100% clean energy by 2035. However, city officials are highlighting this achievement while residents are facing high electricity costs. In 2024, coal and oil accounted for 11% […]
Malaysia Takes Action Against Bitcoin Miners for $1.1B Electricity Theft
Simply put In November, Malaysia established a special committee to combat electricity theft linked to mining operations. Over the last five years, Japan has uncovered around 14,000 illegal activities related to electricity theft. This week, Thailand shut down a major mining operation associated with a fraudulent network. Malaysian authorities are deploying drones and handheld sensors […]