Energy Digital

Data centres could push up electricity bills, according to Le Droit. The report suggests that the rapid growth of these energy-hungry facilities may force utilities to raise rates, with ordinary households footing part of the cost of the massive power demand that data centres require. The discussion comes amid growing concern in Quebec and across Canada about the strain large digital infrastructure projects place on the power grid.

Meanwhile, a bitcoin-denominated insurance startup backed by Sam Altman, has raised $37.5 million in a funding round led by Bain Capital Crypto. The raise marks continued investor interest in crypto-based financial services despite market volatility, and adds to Altman's growing portfolio of ventures beyond OpenAI, spanning artificial intelligence, energy and now digital-asset insurance.

Ukraine has broadened its drone campaign to include data centres operated by Russia's tech giant Yandex, according to a Reuters report. The strikes mark an escalation in attacks targeting Russian digital infrastructure, extending the conflict beyond military and energy sites to the country's internet and cloud services sector.

A Ukrainian drone attack has destroyed a Russian datacenter hosting part of Yandex's cloud infrastructure. The company says the affected cloud region may never be returned to operation, warning customers of potentially permanent data and service losses. The strike highlights how the war is increasingly targeting Russia's digital and computing infrastructure, not just military and energy assets.

Ukraine has carried out strikes targeting data centres belonging to a major Russian technology company, according to the Financial Times. The attacks mark an expansion of Kyiv's campaign against Russian infrastructure, hitting facilities that support digital services rather than traditional military targets. The strikes follow a period of intensifying long-range attacks by Ukraine on energy and industrial sites deep inside Russia.

Siemens announced it will digitalize one of Europe's largest renewable hydrogen projects, applying its automation and digital technologies to large-scale green hydrogen production. The move underscores growing industrial investment in hydrogen infrastructure as Europe seeks to scale up renewable energy and cut carbon emissions. Details on the project's partners, timeline and capacity were not provided in the announcement.

Ukraine's long-range strike capability has extended to Russian oil refineries in Siberia and data center infrastructure, at distances beyond 2,000 kilometers, even as Moscow intensifies attacks on Ukrainian civilian targets. Analysts expect Kyiv to carry out at least one more confirmed refinery strike before the end of the year, signaling a sustained deep-strike campaign against Russia's energy and digital infrastructure.