Skip to content
voltsdaily

Wednesday, 16 September 2026

45 briefs so farlast update 17:39 UTC

Key points

  • Commerzbank Lifts Year-End Brent Forecast to USD 85.
  • US Diesel Hits Record High as Saudi Pipeline Outage Cuts European Shipments.
  • EPA finalizes repeal of power-plant greenhouse-gas rules, citing $300 billion in savings.
  • Brent Jumps 3% to $107.36 After Strikes on Saudi Arabia and Gulf Shipping.
All sectionsMarketsPolicy & GeopoliticsClimateRenewablesGrid & StorageOil & GasGenerationAI & Energy

AI & Energy

Moody's: US Data Center Power Demand to Reach 426 TWh by 2030 as Grid Lags Construction

US data centers will need 426 TWh of electricity in 2030, nearly twice their 2025 consumption, according to a Moody's report citing International Energy Agency data.

Moody's says power availability remains a major constraint on US data center growth, with construction outpacing the speed at which grid infrastructure can add capacity.

The US trajectory sits within a global surge. Data centers worldwide consumed roughly 485 TWh in 2025, a figure projected to nearly double to around 950 TWh by 2030.

Source: webpronews.com (opens in a new tab)3 sourcesPermalink

AI-generated illustration for: Moody's: US Data Center Power Demand to Reach 426 TWh by 2030 as Grid Lags Construction
AI-generated image

AI & Energy

Lesotho Signs USD 6.2 Billion Hydropower and AI Data Centre Deal with Convalt Energy

Lesotho has signed a USD 6.2 billion agreement with US-based Convalt Energy to build a hydropower plant and an artificial intelligence data centre, according to reporting by GroundUp and AllAfrica.

The country's energy minister named Sekhametsi Investment Consortium among the local firms flagged as potential partners in the project. Public Works Minister Matjato Moteane is a shareholder in that consortium, the same reports state.

Moteane says he will recuse himself from cabinet discussions about the Kobong Project.

Source: groundup.org.za (opens in a new tab)3 sourcesPermalink

AI-generated illustration for: Lesotho Signs USD 6.2 Billion Hydropower and AI Data Centre Deal with Convalt Energy
AI-generated image

AI & Energy

HD Korea Shipbuilding wins approval in principle for 100 MW floating power plant

HD Korea Shipbuilding & Offshore Engineering has secured Approval in Principle from the American Bureau of Shipping for a 100 MW floating power plant, also known as a barge-mounted power plant, according to Korea JoongAng Daily.

The design relies on a medium-sized HiMSEN engine and can supply up to 100 MW of power, Chosun reported. The certification covers core technologies developed for the system, including basic conceptual design, electrical single-line diagrams and stability review, per Korea JoongAng Daily.

HD Korea Shipbuilding & Offshore Engineering said it plans to enter the floating power plant market after completing detailed design and follow-up certification procedures, according to Chosun.

Source: koreajoongangdaily.com (opens in a new tab)2 sourcesPermalink