French state-owned electric utility with a global footprint
SoftBank has announced a €75bn plan to build AI data centres in northern France and to develop up to 5GW of capacity by 2031. Governments and companies are tightening domestic energy plans in response, prompting talks on interconnectors, local refineries and nuclear or modular-reactor options to meet the data centres’ huge electricity demand.
A wave of studies and official reports show that hotter summers are driving higher electricity costs for households in the US and UK. Analysts warn that rising prices, delayed aid, and tariff changes will shape bills this summer, triggering cautious budgeting and potential policy responses.
France endures its hottest day on record as a Europe-wide heat wave triggers power outages in Brittany, with 100k+ customers affected. Crews are restoring supply and warnings persist about continued extreme temperatures.
Sizewell B will continue generating electricity until 2055 after a 20-year life extension, with a contract for difference guaranteeing 370.50 per megawatt-hour from 2035. The move aims to shield billpayers and secure thousands of jobs and clean power, while backing new nuclear projects.
A large wildfire on Dunwich Heath and Minsmere has devastated 150 hectares of heathland, threatening rare birds and invertebrates. Firefighters are stabilising the blaze, while authorities warn of long-term ecological and tourism impacts. A fundraising drive has been launched to support recovery as authorities assess the damage.
France’s Gravelines nuclear plant is running only one reactor at full capacity after jellyfish clogged cooling systems, forcing three reactors offline and cutting another’s output in half. EDF says safety remains intact and on-site teams are mobilised, while preventive fishing and cleaning efforts continue.