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AI & Enterprise
U.S. data centre projects face backlash over power and water use as AI demand rises
Large-scale data centre projects in the United States are being delayed or cancelled as they run into power infrastructure constraints and local opposition, even as demand surges with the spread of artificial intelligence. Estimates put data centres’ 2023 electricity use at 176 terawatt-hours, about 4.4 percent of U.S. consumption, with AI potentially lifting that share to 10 to 20 percent. Disputes also centre on natural gas turbines, noise, water use and rising electricity bills.
Industry
SK hynix, climate ministry step up public-private water positive cooperation
SK hynix will start a water positive project to restore the aquatic ecosystem of the Namdaecheon river in Yangyang, Gangwon Province. The company signed an MOU with the Ministry of Climate, Energy and Environment, Gangwon Special Self-Governing Province, Yangyang County, Korea Water Resources Corp and Korea Environment Corp for an ageing weir improvement project. The initiative will run from 2026 to 2037 and aims to secure river flow and restore fish habitats.
Mobility
Why Socar brought in Tesla: Seed for subscription business
Socar is rapidly expanding its subscription business by offering Tesla Model X and Model S vehicles equipped with supervised Full Self-Driving (FSD). The two models drew about 2,000 pre-bookings within 10 days despite prices of 1.49 million won a week and 3.99 million won a month. The service targets demand in the 1 to 3-week gap between short-term car sharing and monthly long-term rentals, using an auto-renewal structure and positioning FSD vehicles as a top-of-funnel offering.
