electricity

The surge in artificial intelligence (AI)-driven electricity demand is transforming what was once considered a niche infrastructure story into one of the market’s most compelling long-term investment themes, according to Yuri Khodjamirian, CIO of Tema ETFs. • Tema Electrification...

On Thursday, NiSource (NYSE:NI) announced a long-term energy supply agreement with a subsidiary of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL). Powering AI Growth Without Raising Bills The agreement with Alphabet is to support a large data center in northern Indiana, as demand for AI infrastructure...

Editor’s Note: This story has been updated to include a statement from Microsoft. Microsoft Corp (NASDAQ:MSFT) has reportedly entered an exclusivity agreement with  Chevron (NYSE:CVX) and Engine No. 1. AI Boom Drives Urgent Need For Power In a statement to Benzinga, the three companies...

On Wednesday, an executive from Google—an Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) subsidiary—sounded the alarm over the U.S. electrical grid being an impediment to data center expansion. Transmission Bottlenecks Cause Years-Long Delays Marsden Hanna, Google's Global Head of Sustainability and...

Michael Burry urged President Donald Trump and Vice President JD Vance on Friday to fast-track a $1 trillion nuclear power and grid expansion plan to power the surging AI-driven electricity demand, arguing it’s the only way for the U.S. to compete with China and sustain long-term growth....

The burgeoning demand for artificial intelligence applications is sending a jolt through the energy sector, particularly benefiting independent power producers (IPPs) like Constellation Energy Corp. (NASDAQ:CEG), Vistra Corp. (NYSE:VST), and NRG Energy Inc. (NYSE:NRG). What Happened: A recent...

After posting record earnings on Thursday, D-Wave Quantum Inc.’s (NYSE:QBTS) management highlighted its progress in enabling energy-efficient measures to enhance blockchain hashing using quantum computing. What Happened: CEO Alan Baratz highlighted the inference of its recent research paper...

Eaton Corporation PLC (NYSE:ETN) shares were rising in early trading on Monday after the company announced on Friday upbeat first-quarter results. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On Eaton Analyst Deane Dray maintained...

Several companies could be affected by a widespread power outage Tuesday in Puerto Rico. What Happened: Only around 12% of Puerto Rico’s residents currently have electricity, according to Luma Energy, the power company servicing the island. In a post on X, Luma Energy said the outage began at...

Amid Taiwan’s ongoing energy transition, Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is grappling with escalating electricity costs, impacting its operations significantly. What Happened: Taiwan’s shift towards renewable energy is creating substantial challenges for industries...

During the interview on Monday between Tesla Inc. CEO Elon Musk and former President Donald Trump, the concerns about AI’s significant energy consumption were raised. What Happened: While speaking with Musk Trump voiced his concerns about AI’s substantial electricity demands. He...

Microsoft co-founder Bill Gates has declared a massive financial infusion into TerraPower’s nuclear projects, signaling a robust commitment to advancing this clean energy source. What Happened: During an appearance on CBS’s “Face the Nation,” Gates detailed his deep...

By Lance Roberts The future of electricity demand for everything from electric cars to Bitcoin mining to artificial intelligence may also be the cure for our debt concerns. Before you dismiss that statement, let me explain. One of the bears’ primary arguments against the financial market and...

Pacific Gas & Electric Co. (NYSE:PCG) is reportedly nearing a deal to sell a stake in its fleet of power plants to KKR & Co. Inc. (NYSE:KKR) in an effort to raise funds needed to upgrade infrastructure and reduce the risk of fire resulting from its power lines. The Details: According to a...

Escalating electricity needs from running AI data centers will create downstream investment benefits in the utilities, renewable energy generation, and industrial sectors, according to Goldman Sachs. In a recently published study, equity analyst Carly Davenport has listed a basket of stocks...