The tragedy continues to unfold in Texas where at least 128 people have died. At least 166 are still missing. Donald Trump was on the ground there today touring the damage and probably due to the many reports questioning the speed and efficacy of the federal response.Just tonight, the New York Times reports FEMA didn't answer thousands of calls from flood survivors. Quote, "Two days after catastrophic floods roared through central Texas, the Federal Emergency Management Agency did not answer nearly 2third o ...

Google's 2025 Sustainability report discloses 27% y/y higher 2024 electricity use (+25% NA, +32% int'l), stalling gains in 24/7 carbon-free energy & surging water use as Google continues to employ evaporative cooling. Alphabet's 2025 Sustainability report suggests hyperscalers are on track for 7th consecutive year of 25%+ y/y electricity demand, even before surging AI inference demand. The report indicates that GOOG's electricity use increased 27% y/y (+25% North America, +32% int'l) in 2024 to ~32 terawatt ...

Core Insights - Google's data centers have seen a dramatic increase in electricity consumption, more than doubling from 14.4 million megawatt-hours in 2020 to 30.8 million megawatt-hours in 2024, indicating a growth of over 113% in just four years [1][2][5] - Data centers are responsible for 95.8% of Google's total electricity usage, highlighting the significant impact of this segment on the company's overall energy consumption [2] - The company's power usage effectiveness (PUE) has improved only marginally over the past decade, reaching 1.09 in 2024, suggesting that further efficiency gains may be challenging to achieve [6] Energy Strategy - Google is committed to using only carbon-free electricity sources, which has led to substantial investments in various energy technologies, including geothermal, nuclear fission, and fusion [7][10][15] - The company has made significant renewable energy purchases, including 600 megawatts of solar capacity in South Carolina and 700 megawatts in Oklahoma, as part of a broader $20 billion investment in carbon-free power plants [11][12] - Currently, about 66% of Google's data center electricity consumption is matched to the hour with carbon-free sources, but there are regional disparities, with Latin America achieving 92% while the Middle East and Africa only reach 5% [14]

Key Takeaways NuScale Power (SMR) and Centrus Energy (LEU) are major players in the evolving nuclear energy landscape, each contributing to the future of advanced nuclear technology. NuScale is focused on developing small modular reactors (SMRs), while Centrus Energy specializes in the enrichment of High-Assay Low- Enriched Uranium (HALEU), which is a critical fuel source for powering SMRs in the future. Per Fortune Business Insight report, the global SMR market was valued at $5.81 billion in 2024 and is pr ...

ab 11 June 2025 Powered by YES UBS Evidence Lab Global Research North America Alternative Energy Revisiting 100% Clean Energy AI Data Centers AI data centers continue to be a primary driver of electricity growth and demand for renewables in the U.S. In this report, we revisit technology companies' commitments to matching their electricity demand with clean energy. For a primer on how the companies achieve their targets and our top idea on the theme (FSLR) see these reports: Electricity Demand Growth Outpaci ...