Selected Works of Ludwig Von Mises on Mises.org

Largest US Electric Grid Gets Approval To Curtail Data Centers During Hot Weather By Ethan Howland of Utility Dive Power plant and transmission owners often take their facilities offline in the spring for maintenance so they are prepared for the summer, PJM noted. The largest US electricity grid operator said it expected power plants totaling more than 40 GW would be offline for planned outages on May 18. An Amazon Web Services data center in Stone Ridge, Va. The PJM Interconnection will be able to curtail data centers and other large loads...

Adani Targets 10 GW Nuclear Power Capacity In India By 2035 By Tsvetana Paraskova of OilPrice.com Adani Group, the conglomerate of Indian billionaire Gautam Adani, could become India’s biggest private nuclear power capacity developer within a decade, targeting 10 gigawatts (GW) by 2035, as India opened its civil nuclear power sector to private investment.  “Our entry into nuclear energy through Adani Atomic Energy is another confident step towards securing India's long-term energy future,” Gautam Adani said at the annual general meeting of Adani Group on Wednesday.  “With land identified and a 10 GW...

Saudi Arabia Vs UAE By Benjamin Picton, Senior Market Strategist at Rabobank The Little Red Hen Markets are bulled-up this morning on prospects for peace in the Iran war. The S&P500 and NASDAQ closed at fresh all-time highs and Brent crude prices closed 7.8% lower at $101.27/bbl. While some analysts are understandably wary of another Axios report touting progress in Middle East relations (and therefore lower oil prices!), markets are clearly not in a mood to look a gift horse in the mouth. Iranian foreign ministry spokesman Ismail Baghieri told news sources that...