Day: June 7, 2026

China Starts Prefabricated Power Hub for Data Centers, CCTV Says. – There is a right way to do Data Centers Emerging

Energy News Beat China is moving fast to solve one of the biggest bottlenecks in the global AI race: powering data centers quickly and cheaply. According to state broadcaster CCTV, the country has just launched its first prefabricated computing power hub in the eastern city of Qingdao, Shandong province. This modular power solution promises to […]

DOE Orders OUC’s 465-MW Coal Unit in Florida to Continue Running – What does this mean for Consumers and Investors?

Energy News Beat In a decisive step to safeguard Florida’s electric grid amid rising electricity demand, the U.S. Department of Energy (DOE) issued a 90-day emergency order on June 4, 2026, directing the Orlando Utilities Commission (OUC) to keep its 465-MW coal-fired Stanton Unit 1 at the Stanton Energy Center running instead of moving it […]

Illinois Joins Ohio in Ordering Pause on Data Center Tax Credits

Energy News Beat Illinois Governor JB Pritzker has joined Ohio Governor Mike DeWine in hitting the pause button on tax incentives for new data centers. On June 5, 2026, Pritzker directed the Illinois Department of Commerce and Economic Opportunity (DCEO) to stop processing new agreements under the Data Center Investment Program effective July 1. This […]

Oil Tanker Owners Fear Market Crash After Iran Drove Record Profits

Energy News Beat The global oil tanker industry is riding an unprecedented wave of profits fueled by the ongoing Iran conflict, but shipowners are already bracing for a sharp reversal. According to a new Financial Times report, tanker owners are warning of a potential market crash if the Strait of Hormuz reopens or as broader […]