In a keynote speech that could reshape how the UK thinks about energy fairness, Ofgem CEO Jonathan Brearley suggested exploring a bold new electricity pricing model based on household income. The proposal would shift the focus away from flat-rate tariffs toward a system where higher earners pay more per unit of electricity.

This week’s stories highlight how AI is accelerating global electricity demand, Turkey’s strategic push to become a regional energy corridor, growing confidence in EV reliability, and a sharp focus on the small number of companies responsible for a large share of the world’s carbon emissions.

This week’s energy stories explore key trends shaping our future—from the growing strain on U.S. electricity infrastructure to Germany’s nuclear reckoning and breakthroughs in fossil-free steel. Plus, Japan’s NYK and partners plan a floating offshore data center powered entirely by renewables.

This week’s energy stories cover key trends shaping the global energy landscape—from the rapid rise of renewables and battery storage to record-breaking construction projects and a glimpse at oil extraction processes.

U.S. President Donald Trump’s tariff threats have always made headlines—whether aimed at car imports, steel, or goods from America’s largest trading partners. But beyond the immediate trade battles, there’s a quieter question lingering in the background: Are these tariffs also a way to encourage more U.S. energy exports?

Global energy demand grew significantly in 2024, rising by 2.2%, nearly double the average growth rate of the past decade, according to the International Energy Agency’s (IEA) latest Global Energy Review. The increase was primarily driven by a sharp rise in electricity consumption, with renewables and natural gas meeting most of the additional demand.

This week’s energy updates highlight key shifts across global markets. Emerging economies are positioning themselves as major players in clean technology, while questions arise about the future of U.S. renewable growth under the new administration.

Kemi Badenoch has launched the Conservative Party’s Policy Renewal Programme, placing energy and net zero at the heart of the discussion. In a speech outlining her stance, she argued that current policies have led to high costs and unrealistic targets, without a clear economic plan to deliver net zero.

The global energy landscape continues to evolve, with notable developments in clean technology trade, solar energy affordability, and the financial performance of green energy stocks. Meanwhile, China reflects on a decade of power sector reforms, and controversy surrounds COP30 preparations in Brazil.

From clean energy manufacturing dominance to shifts in how economies measure natural resources, this week’s top energy stories highlight major global trends. China’s grip on renewable energy supply chains continues to expand, while electric buses gain momentum across Europe. Meanwhile, a new UN-approved economic framework will recognize wind and waves as assets for the first time, potentially reshaping GDP calculations.

The way UK households pay for energy could be set for a significant shift. Ofgem, the UK’s energy regulator, has proposed a rule requiring all suppliers to offer tariffs with low or zero standing charges. Rather than a fixed daily fee, these costs would be incorporated into the price consumers pay per unit of energy used.

This week’s top energy stories explore the rapid transformation of global energy systems. Grid expansion faces supply chain bottlenecks, emerging markets position themselves as future clean energy hubs, and solar canopies take efficiency to the next level. Plus, a look at China's evolving tech-industrial ecosystems and a decade of global EV sales.