The largest electric utility in Georgia, owned by Southern Company
Australia is evaluating a government-backed pre-feasibility study for a possible Western Australia oil refinery, led by Perdaman. The move, supported by a A$4 million government grant, aims to reduce vulnerability to global oil shocks while acknowledging limits on domestic crude production.
The Department of Energy has proposed up to $17.5 billion in loans to support five two-reactor projects built around Westinghouse’s AP1000 design. The plan aims to accelerate construction, standardize supply chains, and attract tech-sector investment, with selections expected after letters of intent were signed by seven potential partners.
Renewables now account for a growing share of global power, but Africa’s path requires building institutions to turn resources into reliable, affordable electricity. The Bloomberg Africa initiative and recent policy shifts show a push to remove bottlenecks in market design, grid access, and financing to unlock private investment and extend electricity to hundreds of millions.
Governor Kathy Hochul has signed an executive order imposing a one-year statewide moratorium on new hyperscale data centres that use 50 megawatts or more, directing regulators to complete an environmental impact review and consider rules to make developers pay for power, contribute to grid upgrades and lose tax breaks. The move has drawn praise from community and environmental groups and rebuke from industry and national conservatives.