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After decades of stagnation, nuclear energy is staging a comeback — and it’s no longer the gigawatt-scale reactors of the past leading the charge. Small modular reactors, once dismissed as niche or speculative, have moved to the center of a global energy and geopolitical pivot. Their appeal lies in scalability, siting flexibility, and the promise of dedicated, carbon-free baseload power—a vital ingredient in an era defined by the AI energy demand surge and industrial decarbonization. The shift from ambitious blueprints to billion-dollar…
In the ongoing digital transformation of the energy industry, artificial intelligence (AI) has emerged as one of the most discussed — and misunderstood — tools available to operators. While the promises of AI often stretch toward the speculative, the technology’s most immediate and profound impact is already visible in how companies organize, interpret, and act upon data. For national oil companies (NOCs), this impact is potentially transformative. Unlike many private firms, NOCs sit atop immense, often underutilized data reservoirs…
Trump has launched the United States’ most aggressive rare-earth and critical-minerals expansion in more than a decade, signing over $10 billion in supply-chain deals across Australia, Japan, Malaysia, and Thailand in less than a week. The flurry of agreements aims to cut China’s 90 percent grip on global refining capacity and establish a network of Indo-Pacific partners for mining, processing, and stockpiling key materials vital to defense and clean-tech industries.On Tuesday, the United States and Japan signed an agreement to secure…
US retail power prices have surged 13% since 2022, outpacing the Consumer Price Index (CPI) and driving higher costs for consumers. While many have pointed to rising demand from data centers as the culprit for the increase, Rystad Energy’s analysis shows that data centers have yet to significantly influence power prices in the current terms. Our research points to the full price impact of data centers emerging closer to 2030, driven by the completion of a wave of data center infrastructure and more centers coming online. Rystad predicts that…
Singapore’s Equator Renewables Asia and the clean energy unit of China National Nuclear Corporation on Tuesday signed a joint venture agreement to develop a solar project in Indonesia, with part of the electricity generation set for exports to Singapore. CRE International (CREI), the renewables arm of the China National Nuclear Corporation (CNNC), and Equator Renewables Asia will work to develop a cross-border renewable energy project designed to export up to 400?MW?AC of clean, solar-generated electricity from Indonesia’s Riau…
