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Climate & Energy

Where it stands

Under strain

As of 3 August 2026

AI-driven demand and slow-to-exit fossils are pulling the grid one way while clean power builds fast the other - and the clean side is not yet winning.

Forces in tension

AI power demand High

US electricity use rising after decades flat; AI chips doubling roughly every nine months

Fossil staying power Building

North Sea approvals, coal plants kept open, a fresh refinery bet

Grid timing strain Building

midday-versus-evening mismatch, gas-driven price spikes, new curtailment rules

Policy retreat Building

EU softens its carbon rule; regulator eases data-centre pollution limits

Clean build-out Easing

UK solar at a 15-year high; China's coal share below half for the first time

What to watch

Whether new solar, storage, and grid rules can keep pace with electricity demand that is rising for the first time in decades.

This board is the synthesized picture of 9 recent Climate & Energy editions. It describes where things stand — the forces, not a forecast, and never advice on what to do.