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Vistra: AI’s Hidden Winner
According to reports, electric utility Vistra (NYSE: VST) has emerged as the top-performing S&P 500 stock in 2024, with a 315% year-to-date surge driven by expectations of increased power demand from AI data centers. Read more
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China Hits Renewables Goal 6 Years Early
According to Bloomberg News, China has surpassed President Xi Jinping’s renewable energy target nearly six years ahead of schedule, with its wind and solar capacity reaching 1,206 gigawatts in July 2024, showcasing the nation’s rapid progress in clean energy development. Read more
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Helium eyes energy sector with ‘virtual power plant’ network
Last week, the Helium Foundation said in a somewhat-cryptic blog post that it would be unveiling new proposals for “subnetworks” that go “beyond wireless.” Guesses as to what these subnetworks would be flooded in, ranging from proof-of-location to decentralized compute. Read more
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The Rolls-Royce Nuclear Micro-Reactor
Rolls-Royce is pioneering a nuclear micro-reactor designed to generate 1-10 megawatts of energy, offering a compact, versatile power solution for diverse applications. This innovative technology is engineered for rapid deployment and transportability, making it suitable for environments ranging from remote industrial sites to space missions. Read more
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Gates’s Wyoming Nuclear Plant
Bill Gates and his energy company, TerraPower, have broken ground on a next-generation nuclear power plant in Kemmerer, Wyoming. The Natrium plant, set to open in 2030, aims to revolutionize nuclear energy with advanced safety features, reliable zero-carbon electricity, and the potential to boost the local economy. Read more
