Texas is at the epicenter of America’s AI revolution, and the numbers are staggering. The Electric Reliability Council of Texas (ERCOT) has released a preliminary Long-Term Load Forecast projecting peak electricity demand could hit approximately 367,790 MW (367.8 GW) by 2032—more than four times the current all-time record of 85,508 MW set in August 2023. […]
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Founded in 2017 by CEO Tim Latimer and CTO Dr. Jack Norbeck, Fervo Energy has quickly become the commercial frontrunner in next-generation geothermal development. The company has raised more than $1.5 billion in equity, debt, and grants from high-profile backers including Google, Breakthrough Energy Ventures (Bill Gates’ fund), B Capital, Devon Energy, and others. Its […]
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For years, net-zero advocates have pointed to Levelised Cost of Energy (LCOE) charts from Lazard, IRENA, and government reports to claim that wind and solar are now the cheapest forms of electricity. These models supposedly prove renewables beat gas, coal, or nuclear on cost. But as Energy News Beat has long argued, this narrative is […]
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The Net Zero movement, long heralded as the inevitable path to a fossil-free future, has encountered a profound reality check. The 2026 Iran war—marked by the effective closure of the Strait of Hormuz—has triggered one of the most severe global energy crises in decades, disrupting roughly 20% of the world’s oil and significant liquefied natural […]
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The backbone of America’s electricity system is under unprecedented strain. As highlighted in a widely discussed analysis by investor Felix Prehn, roughly half of the nation’s power transformers are operating well past their useful life—not merely aging, but “running on borrowed time.” JP Morgan has flagged the U.S. power grid itself as a national security […]
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A recent clip from Net Zero Watch highlights a pointed question from Reform Scotland leader Malcolm Offord: Why are wind farms still being subsidized after decades of support? “Wind farms arrived 30 years ago, and they were given a 15-year subsidy,” Offord noted. “After 15 years, they’re given another 15-year subsidy, and then last month […]
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ENB Pub Note: The Energy Bad Boys are one of my favorite Substack authors out there, and I am sending them a note to get them on the podcast. This is an outstanding article, and will be covered on the Energy News Beat Stand up later today. We highly recommend subscribing to their Substack as […]
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The wind energy industry loves to portray itself as the ultimate green savior—clean, renewable, and kind to the planet. But a closer look at its supply chain reveals a dirty secret hidden in the Amazon rainforest. Balsa wood, prized for its lightweight strength, forms the core of many wind turbine blades. The boom in wind […]
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In a significant geopolitical and energy-sector shift, the United States has directed the removal of Chinese contractors from maintenance and rehabilitation work at Venezuela’s El Guri Hydroelectric Dam—the third-largest in the world after China’s Three Gorges and the Itaipu Dam on the Brazil-Paraguay border. American engineering giants Siemens and General Electric (GE) have now been […]
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Energy News Beat Exclusive Analysis The International Energy Agency (IEA) released its “Sheltering from Oil Shocks” report on March 20, 2026, and it reads like a blueprint for managed energy rationing. Amid the Middle East conflict that has choked off roughly 20% of global oil supply through the Strait of Hormuz, the IEA outlined a […]
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