Energy

U.S. Electric Costs Outpace Inflation Amid Heatwave

Mickey Vernon

Electricity prices surged by nearly twice as much as overall inflation across the United States, new federal data show, putting ...

AI’s Energy Demands Are Out of Control. Welcome to the Internet’s Hyper-Consumption Era

Albert Wagner

Right now, generative artificial intelligence is impossible to ignore online. An AI-generated summary may randomly appear at the top of ...

Mt. Gox about to unload $9 billion of bitcoin — what it means for BTC

Albert Wagner

Omer Taha Cetin | Anadolu | Getty Images A bitcoin exchange that collapsed 10 years ago after being hacked is ...

The Hunt for the Most Efficient Heat Pump in the World

Albert Wagner

There are different kinds of heat pumps that are in principle even more efficient than air-source devices. Instead of absorbing ...

Failure to meet surging energy demand will jeopardize economic growth, utility execs warn

Albert Wagner

The sun sets behind power lines near homes during a heat wave in Los Angeles, Sept. 6, 2022. Patrick T. ...

Bitcoin windfall comes for Mt. Gox creditors after 10,000% price spike

John Ray

Users of collapsed bitcoin exchange Mt. Gox have been trying to get their money back for a decade. From the ...

SEC sues ethereum company Consensys, expanding industrywide crackdown

Albert Wagner

Joseph Lubin, co-founder of Ethereum and CEO of blockchain firm ConsenSys. Riccardo Savi | Getty Images for Concordia Summit Crypto ...

Europe wants to deploy data centers into space, study says

John Ray

A data center. Erik Isakson | DigitalVision | Getty Images The rise of artificial intelligence is skyrocketing demand for data ...

Amazon, Starbucks look to stay competitive with different approaches to pricing

Albert Wagner

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time ...

Solar is growing faster than any energy source as clean power for data centers

Albert Wagner

Aerial view of the Oberon Solar O&M farm on March 24, 2024 in Ector County, Texas. In 2023, Texas led ...

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