Axios

Global electricity demand should rise around 4% annually through 2027, IEA estimates in a new analysis.

Why it matters: It's the fastest growth in years as AI, industrial production, air conditioning, EVs and more put new strains on power grids and climate efforts.

The Kremlin on Friday denied an accusation from Ukraine that a Russian drone had struck the Chernobyl nuclear power plant.

Why it matters: Ukraine and the International Atomic Energy Agency (IAEA) said radiation levels remained stable despite the explosion at the plant.

A weeklong, polar vortex-related Arctic outbreak rivaling any seen so far this winter is slated to bring frigid conditions to much of the U.S. east of the Rockies next week.

Threat level: The Arctic air is likely to send temperatures plunging to at least 30 degrees below average for mid-February across the Midwest and Plains states, with the cold moderating some as it barrels east through late week.

Is Elon Musk's political profile and BFF status with President Trump hurting Tesla sales? Maybe — but it's complicated, analysts say.

Why it matters: Tesla is by far the U.S. EV sales leader and long the world's top seller (though it has recently been trading the lead with China's BYD).

Stratospheric balloon company Sceye recently completed a feat that heralds the increased use of a new layer of the atmosphere for human exploration, the company told Axios exclusively.

Why it matters: The company's helium-filled balloons can serve as an observation platform that occupies a niche between drones flying at lower altitudes and satellites orbiting above the planet.

The National Oceanic and Atmospheric Administration is in the process of renaming the Gulf of Mexico to the Gulf of America, in line with President Trump's recent executive order.

Why it matters: The move could complicate forecasts NOAA provides for hurricanes that affect Mexico and other countries outside U.S. territory that don't recognize the new name.

A powerful atmospheric river-linked storm that began slamming Southern California on Wednesday prompted evacuation orders in Los Angeles County amid flood threats to burn scars from wildfires that erupted in January.

Threat level: Flood and flash flood watches and high-wind advisories have been issued across Southern California.

Chevron plans to cut its global workforce by 15% to 20%, with most reductions before the end of 2026, the U.S.-based multinational giant said Wednesday.

Why it matters: It's the second-largest U.S. oil and gas company behind ExxonMobil.