This Week's Top 5 Stories in Energy
Schneider Electric's Partnership with Nvidia for AI Power
04 August
Schneider Electric and Nvidia collaborate to accelerate the development of AI factories to serve growing demand for sustainable AI-ready infrastructure.
Nvidia is partnering with leading players in the data centre industry, including Schneider Electric, to co-develop advanced cooling power, building management and control systems tailored for both digital and physical AI data centres.
The collaboration aims to drive forward new research and development initiatives for power, cooling, controls and high-density rack systems.
04 August
The EPA’s plan to revoke the 2009 Endangerment Finding could shift US energy priorities, roll back vehicle emissions rules and reshape climate regulation.
The US Environmental Protection Agency (EPA) under Administrator Lee Zeldin has proposed to revoke the 2009 Endangerment Finding, a key legal instrument that has enabled the federal regulation of GHG emissions from vehicles and engines.
Announced at an Indiana car dealership alongside Secretary of Energy Chris Wright and Governor Mike Braun, the proposal represents a sharp reversal in the country's climate and energy regulatory framework.
It marks a move away from emissions controls and toward expanded fossil fuel use in transport and industrial sectors.
04 August
Capgemini Invent is supporting resilient, digitally enabled energy systems for the energy transition and the UK Government’s 2030 clean energy goals.
The UK Government has introduced reforms aimed at crafting an electricity system that is both fair and efficient.
The proposals include:
- Retaining a single national wholesale electricity market
- Implementing an approach to reformed national pricing
- Infrastructure upgrades, streamlined transmission charges and strategic planning
- Support for consumers through energy bill discounts
This is part of the government’s ambition to achieve a clean UK power system by 2030 and reach net zero across the economy.
Rory Burghes, Vice President Sustainable Futures at Capgemini Invent UK, said on LinkedIn: “It's good to see the UK government take bold steps in overhauling our energy market, cutting around £4bn (US$5.3bn) in grid costs and creating a stronger platform for the clean power transition.
06 August
Brookfield is working with Duke Energy to invest in its Florida subsidiary that will support electricity grid modernisation and upgrade initiatives.
Duke Energy and Brookfield have partnered to secure investment in Duke Energy Florida of US$6bn.
In part, this investment will support Duke Energy’s US$87bn five-year capital plan.
“For more than a century, we’ve had the privilege of serving extraordinary Florida communities, which are now some of the most dynamic and fastest growing in the nation,” says Harry Sideris, President and Chief Executive Officer of Duke Energy.
“We’re pleased to have Brookfield, a highly regarded infrastructure investor, as a long-term partner in Duke Energy Florida.
“This significant transaction at a compelling valuation best positions Duke Energy to unlock additional capital investments in Duke Energy Florida during this unprecedented growth period.
“It also materially strengthens Duke Energy’s overall credit profile, which in turn enables us to invest in our energy modernisation plans across our entire footprint – all while helping keep prices as low as possible for our customers.”
03 August
As fossil fuels decline, Gulf nations invest billions in AI infrastructure, aiming to make compute power their next global energy export.
The Gulf’s energy strategy is evolving.
With the global economy shifting toward AI and demand for fossil fuels flattening, energy-rich states in the Middle East are now turning their attention to a different kind of resource: compute power.
Mohammed Soliman, Senior Fellow at the Middle East Institute in Washington DC, says it plainly: "Compute is the new oil."
