Business

An energy infrastructure company said it’s moving forward with the GW Ranch project, an off-grid complex in Texas that will combine natural gas-fired generation and battery energy storage to provide nearly 7 GW of power in Pecos County. The campus, sited on more than 8,000 acres, is designed “to support hyperscale data centers and the […]

A spokesperson for the Tennessee Valley Authority (TVA) confirmed that about 600 of the utility’s employees have taken buyouts. Some workers left the company starting in May, while others will exit by the end of September. The TVA on August 21 said the move is part of a plan to reduce costs as the federally owned utility tries to cut nearly $1 billion in spending by 2026.

A transformer fire at Heathrow Airport earlier this year triggered cascading power outages, cutting electricity to more than 66,000 homes, grounding more than 1,300 flights, and causing losses of up to £100 million. According to a recent report, the fire started because of a fault in a 50-year-old asset that subsequently led to short circuiting […]

The Trump administration’s recent “AI Action Plan” to expand artificial intelligence (AI) and data center infrastructure in the U.S. highlighted the need to accelerate innovation, build cutting-edge infrastructure, and position the U.S. as a global leader in the industry. It also highlights a crucial detail: developing an electric grid that can match the pace of […]

GridBeyond now offers revenue floor and toll contracts for selected power storage projects in the Electric Reliability Council of Texas (ERCOT) and California Independent System Operator (CAISO) markets. Backed by highly rated underwriting partners, these contracts provide project owners with new tools to de-risk their balance sheets or secure financing. Each contract is customizable, allowing […]

The dual challenges of affordability and growing load demand are putting enormous stress on utilities, communities and households. Demand response, a key part of the solution, is falling short, but innovative payment plans can help fill the gap. Residential demand response (DR) is like the aerobic exercise of the electric utility industry. We all know […]

A Midwest-based energy storage developer and independent power producer said it has brought the third project in a strategic collection of California energy storage facilities online. Fullmark Energy, headquartered in Chicago, Illinois, on August 20 announced the start of commercial operation for the company’s 20-MW/40-MWh Ortega energy storage project in Lake Elsinore. Fullmark on Wednesday […]

Advanced nuclear firm Aalo Atomics has secured new capital and regulatory backing to complete construction of its 10-MWe Aalo-X reactor at Idaho National Laboratory (INL). The project, recently selected under the Department of Energy’s (DOE’s) new Nuclear Reactor Pilot Program, will demonstrate cold criticality by July 2026 in an unusually aggressive federal milestone for advanced […]

A California-based carbon removal company said it has completed a funding round in support of the company’s first 100-kilotonne carbon dioxide removal (CDR) commercial facility. Equatic, which is considered a pioneering company in combined carbon dioxide removal and green hydrogen production, on August 11 announced the successful closure of its Series A round, with Catalytic […]

A Germany-headquartered company involved in the global hydrogen industry said it plans to abandon some of its projects in the U.S. due to actions from the Trump administration. Werner Ponikwar, chief executive of Thyssenkrupp Nucera, on August 13 said the company has been in discussions with stakeholders in its U.S. hydrogen projects and would cancel […]