Rapid data center growth expected across western states A new study examining the impact of data centers across western U.S. states, including Colorado and New Mexico, warns that artificial intelligence-driven development could expand more than four times faster than growth seen over the past decade. The analysis finds the surge will not only drive up …
Category: Solar Energy in Oklahoma
Energy Brief: Trump orders tankers blockaded from Venezuela
President Trump designated Venezuela a “foreign terrorist organization” Tuesday and formally ordered a blockade of all U.S. sanctioned oil tankers servicing the country. Trump’s newest escalation, which he says is backed by a giant U.S. armada, exerts unprecedented pressure on Venezuelan leader Nicolas Maduro’s regime, threatening to bankrupt the country’s already struggling economy. Intel names …
NY Times says Harold Hamm has remade America’s energy policies
(Harold Hamm, center, at an October fund-raising dinner for President Trump’s ballroom at the White House in Washington.Credit…Doug Mills/The New York Times) After a nearly four-year absence from the headlines of the nation’s major news groups, Oklahoman Harold Hamm has once again attracted their attention with the return of Donald Trump to the White …
Governor Stitt urges support for data centers
Stitt pushes confidence, not fear, on data centers Oklahoma Gov. Kevin Stitt says the state should not fear the growth of data centers and artificial intelligence, arguing that Oklahoma’s energy strategy positions it to stay competitive while protecting consumers from rising electricity costs. “I think we, we don’t need to be scared about data centers,” …
Energy Brief: AI spending risks, geothermal, oil
AI spending boom raises investor concerns The AI spending boom is entering a “dangerous” phase as Big Tech firms increasingly tap external investors to cover mounting costs, a top executive at hedge fund giant Bridgewater Associates said Monday, according to Reuters. The warning underscores the degree of unease rippling through markets as several investors have …
Energy Brief: Gulf Lease Bids, Exxon Cuts, Global Tensions
U.S. ENERGY Oil Companies Offered $300M for Gulf Drilling Rights Oil companies offered $300 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 planned sales under Republican efforts to ramp up U.S. fossil fuel production. Exxon Cuts Low-Carbon Spending Plans Exxon Mobil Corp. plans to cut planned spending …
Energy Briefs: Tanker seized, SPEED Act, Data Centers, AI, Gas Plant
The Trump Administration dramatically escalated its standoff with Venezuela on Wednesday by seizing a large tanker loaded with crude oil bound for Cuba. The exact details of the seizure, first reported by Bloomberg, are unclear and administration officials could not be reached for comment. The tanker seizure also targets longtime Cuba — a close Venezuelan ally …
Land Commission’s data center decision delay frustrates Governor
Oklahoma Gov. Kevin Stitt admits he is frustrated over the lack of action on possible development of the state’s newest proposed data center which would be on state-owned land near Lawton. “You’re supposed to lease them,” said the governor in response to an inquiry by Oklahoma Watch. “You put them out to bid, and …
Electricity—world’s largest energy employer
Electricity Sector Now Leads Global Energy Employment The growing emphasis and importance of electric utilities and the power they generate in Oklahoma mirrors a much broader global shift now unfolding across nearly every major economy in the world. The International Energy Agency (IEA) reports that the electricity sector is now the world’s largest energy employer, …
Energy briefs
** NextEra Energy plans to make improvements to the original design of an Iowa nuclear plant that closed in 2020 following damage from a major storm as it looks to restart the facility. ** A coalition of 143 solar companies and industry representatives call on Congress to override a Trump administration policy that they say …