The company plants to start trading power, a move that could support the buildout of new power plants as grids try to keep up with rising electricity demand from data centers and generative AI, Bloomberg reports.
Justine Calma

Senior Science Reporter
Senior Science Reporter
More From Justine Calma
A blaze broke out in the conference venue Thursday, just ahead of negotiations scheduled to come to a close today in Brazil.
Is the promise of jobs worth all the water and chemicals it takes to manufacture chips in the Arizona desert?
More than 1,600 lobbyists for oil, coal, and gas have crowded into pivotal international climate negotiations going down in Brazil. They outnumber delegations from every country in attendance except for Brazil, according to an analysis by the Kick Big Polluters Out coalition.
The Utilities for Net Zero Alliance made the announcement Friday during the UN climate conference taking place in Brazil. Investment need to grow from $390 billion in 2024 to $670 billion annually between now and 2030 to update power grids, according to the International Renewable Energy Agency (IRENA).
[The International Renewable Energy Agency ]
“Sentinel-6B will ensure that we continue to collect the high-precision data needed to understand our changing climate,” ESA’s director of earth observation programmes, Simonetta Cheli said in a press release.
The partnership managed to survive the Trump administration’s attempts to stop collecting other environmental data and stymie reports on climate change.
Brazil, Canada, Chile, and at least seven other countries have endorsed a new ‘declaration’ to combat disinformation on climate change. It came together during the United Nations climate conference taking place this month, where more than 200 advocacy groups have called on governments to crack down on misleading content in advertising and online platforms.
Growing electricity demand for AI and the Trump administration’s love of natural gas have influenced the International Energy Agency’s latest World Energy Outlook, Heatmap reports.



