Hormuz Shock Raises Recession Risk As Retailers Sound Alarm On Consumer Stress

Southern Co. Electricity Sales Soar On 42% Data Center Growth By Diana DiGangi of UtilityDive, The company has 28 large load projects representing 11 GW under contract, and Georgia Power’s first-quarter capital expenditures increased year over year from $1.6 billion to $2 billion. Southern Company reported 2.3% year-over-year growth in retail electricity sales across its utilities for the first quarter of this year, driven predominantly by data centers. Overall, data centers used 42% more power compared to the first quarter of 2025, according to company officials and Southern’s quarterly report to the Securities and Exchange...

Total Internet Blackout In Iran Hits 8 Weeks As Citizens Left In Dark About War's Future The near-total internet blackout in Iran has "now entered its 57th day after 1344 hours," internet watchdog NetBlocks has said. The restrictions followed renewed anti-government protests in early January and intensified after the start of the US-Israel war on Iran at the end of February, and during which time leaders in Washington and Israel have signaled they seek total societal collapse and government overthrow in the Islamic Republic. This has left many of Iran's some...

Gulf LNG Crisis Set To 'Make Coal Great Again' Our weekend wrap on the global energy crisis focused on Asia as ground zero and how the shock will ripple across the world, eventually hitting the US. This is now the second major energy crunch of the decade: first Russia's invasion of Ukraine, now the U.S.-Iran conflict. However, this one looks a lot more catastrophic. The immediate impact of this energy crunch will be a resurgence of coal, especially across Asia, as power grid operators will be forced to switch to...